Business
Publication of Prospectus Circular & Notice of EGM
Publication of Prospectus Circular & Notice of EGM.
About this update from Standard Life Plc
[{"type":"text","content":"\n \nRNS Number : 6988P Phoenix Group Holdings 30 May 2018 \n\n-NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION\n \nFOR IMMEDIATE RELEASE\n \nPublication and Posting of the Combined Circular and Prospectus\nFurther to the announcement by the Board of Phoenix Group Holdings (\"Phoenix\" or the \"Company\") earlier today relating to the terms of a fully underwritten rights issue to raise gross proceeds of approximately £950 million (the \"Rights Issue\"), the Company has published a combined Class 1 circular and prospectus, which has been approved today by the UK Listing Authority (the \"Circular and Prospectus) relating to the Rights Issue and the proposed acquisition of Standard Life Assurance Limited (\"SLAL\") (to include Vebnet (Holdings) Limited end exclude certain subsidiaries of SLAL following a pre-completion restructuring) (together \"Standard Life Assurance\") (the \"Acquisition\"), which was announced on 23 February 2018.\n \nThe Circular and Prospectus will be made available on Phoenix's website at www.thephoenixgroup.com and will be submitted to the National Storage Mechanism, where it will be available for inspection at www.morningstar.co.uk/uk/NSM. Copies of the Circular and Prospectus will also be available for inspection during normal business hours on any Business Day, free of charge, at the Company's principal place of business at Juxon House, 100 St. Paul's Churchyard, London, EC4M 8BU. Copies of the Circular and Prospectus containing notice of the General Meeting will be posted to Phoenix shareholders as soon as practicable.\n \nThe defined terms set out in the Circular and Prospectus apply in this announcement.\n \n \n Enquiries\n \nInvestors/Analysts:\n \nPhoenix\nClaire Hawkins, Head of Investor Relations\n+44 (0)20 3735 0575\n \nBofA Merrill Lynch (Joint Financial Adviser for the Acquisition and Global Coordinator for the Rights Issue)\nArif Vohra, Craig Coben, Fraser Allan, Ali Azar\n+44 (0)20 7628 1000\n \nHSBC (Sponsor, Corporate ...