On 15 August 2019, Standard Life Aberdeen plc (LON:SLA) entered into a non-discretionary instruction with Citigroup Global Markets Limited in relation to the purchase by Citi, acting as principal, of ordinary shares in the Company’s share capital for an aggregate consideration of no greater than £200m. The purchase of Shares will take place during the period commencing on 16 August 2019 and ending no later than 16 January 2020.
Any purchase of Shares done in relation to this announcement will be carried out on the London Stock Exchange and executed in accordance with the Listing Rules and the Company’s authority to make market purchases of Shares. The Company will announce any market repurchase of Shares no later than 7.30 a.m. on the business day following the calendar day on which the repurchase occurred. The purpose of the Programme is to reduce the share capital of the Company. All Shares purchased will be cancelled.
The total number of voting rights in the Company as at 15 August 2019 is 2,409,829,466.