Petitions to Transfer Business
In the High Court of Justice (Chancery Division)
Companies Court No 6406 of 2008
SCOTTISH MUTUAL ASSURANCE LIMITED
and
SCOTTISH PROVIDENT LIMITED
and
THE ROYAL LONDON MUTUAL INSURANCE SOCIETY LIMITED
and
In the Matter of THE FINANCIAL SERVICES AND MARKETS ACT 2000
Notice is hereby given that on 7 August 2008 an Application was made under section 107 of the Financial Services and Markets Act 2000 (the “ Act ”) in the High Court of Justice, Chancery Division, Companies Court in London by Scottish Mutual Assurance Limited (“ SMA ”), Scottish Provident Limited (“ SPL ”) and The Royal London Mutual Insurance Society Limited (“ Royal London ”) for Orders:
- i under section 111 of the Act sanctioning a scheme (the “ Scheme ”) providing for the transfer to Royal London of certain protection insurance business of each of SMA and SPL; and
- ii making ancillary provision in connection with the Scheme pursuant to sections 112 and 112A of the Act.
ii making ancillary provision in connection with the Scheme pursuant to sections 112 and 112A of the Act.
A copy of the report on the terms of the Scheme prepared by an Independent Expert in accordance with section 109 of the Act (the “ Scheme Report ”), booklets containing a statement setting out the terms of the Scheme and a summary of the Scheme Report, and the Scheme document may be obtained, free of charge, by contacting SMA, SPL or Royal London (as appropriate) using the relevant telephone number or address set out below. These documents and other related documents (including actuarial reports and sample copies of the communications to policyholders) are available on the website of SMA and SPL at www.scottishprovident.com/transfer2008.html and on the website of Royal London at www.royallondongroup.co.uk/AboutUs/ProposedTransfers.asp.
Any questions or concerns relating to the proposed transfer should be referred to SMA, SPL or Royal London (as appropriate) using the relevant telephone number or address as follows:
Funds Merger Team
Scottish Mutual Assurance Limited and Scottish Provident Limited, 301 St. Vincent Street
Glasgow G2 5HN
Telephone: 0845 607 0585 or, if phoning from overseas, +44 (0)141 272 6605.
Fund Transfer Team
Customer Services
The Royal London Mutual Insurance Society Limited
Royal London House
Alderley Road
Wilmslow SK9 1PF
Telephone: 0845 050 8000 or, if telephoning from overseas, +44 (0)1625 604 299.
The Application is due to be heard at the Royal Courts of Justice, Strand, London WC2A 2LL on 4 December 2008. Any person (including any employee of SMA, SPL or Royal London) who thinks that he or she would be adversely affected by the carrying out of the Scheme may attend the hearing and express their views, either in person or by legal representative. Anyone intending to do so is asked to inform one of the Solicitors named below (as appropriate) in writing as soon as possible and preferably before 27 November 2008 setting out their grounds of objection.
Any person who objects to the Scheme but does not intend to attend the hearing may make representations about the Scheme by giving written notice of such representations to SMA, SPL or Royal London (as appropriate) or to one of the Solicitors named below (as appropriate) in writing as soon as possible and preferably before 27 November 2008 setting out their grounds of objection.
Slaughter and May
One Bunhill Row, London EC1Y 8YY
Ref: OAW/DZK
Solicitors acting for SMA and SPL
Herbert Smith LLP
Exchange House, Primrose Street, London EC2A 2HS
Ref: 2067/3797
Solicitors acting for Royal London
15 August 2008