UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): August 6, 2001 SCOTTISH ANNUITY & LIFE HOLDINGS, LTD. (Exact Name of Registrant as Specified in its Charter) Cayman Islands (State or Other Jurisdiction of Incorporation) 0-29788 N/A (Commission File Number) (I.R.S. Employer Identification Number) (345) 949-2800 (Registrant's Telephone Number, Including Area Code) Grand Pavilion Commercial Centre, 802 West Bay Road N/A George Town, Grand Cayman, Cayman Islands, BWI (Zip Code) (Address of Principal Executive Offices) (Former Name or Former Address, if Changed Since Last Report) Item 5. Other Events On August 6, 2001, Scottish Annuity & Life Holdings, Ltd. ("Scottish Annuity") announced the signing of a Share Purchase Agreement with Pacific Life Insurance Company ("Pacific Life"), pursuant to which Scottish Annuity agreed to acquire World-Wide Reassurance Company Limited through the acquisition of all of the shares of its parent, World-Wide Holdings Limited, a wholly owned subsidiary of Pacific Life. Item 7. Financial Statements and Exhibits (c) Exhibits 10.1 Share Purchase Agreement by and between Scottish Annuity & Life Holdings, Ltd. and Pacific Life Insurance Company, dated as of August 6, 2001. 99.1 Joint press release of Scottish Annuity & Life Holdings, Ltd. and Pacific Life Insurance Company, dated August 6, 2001. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. SCOTTISH ANNUITY & LIFE HOLDINGS, LTD. By: /s/ Scott E. Willkomm ----------------------------- Name: Scott E. Willkomm Title: President and Chief Financial Officer Dated: August 9, 2001 INDEX TO EXHIBITS Number Description 10.1 Share Purchase Agreement by and between Scottish Annuity & Life Holdings, Ltd. and Pacific Life Insurance Company, dated as of August 6, 2001. 99.1 Joint press Release of Scottish Annuity & Life Holdings, Ltd. and Pacific Life Insurance Company, dated August 6, 2001.