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Standard Life windfall worth 10-12% less
taylornj
Posts: 319 Forumite
Item in the telegraph saturday and also repeated on BBC's working lunch today. These both suggest that with the current stock market falls, those windfalls will be 10% to 12% less. Go here working lunch and view monday's program it's the first item.
Working Lunch said - offer documents should be on the way by the end of the week, but to expect a revised range for the share price not the 240-290p maybe something like 220 - 260p. Preferential Offer shares discount likely to be 5%.
Working Lunch said - offer documents should be on the way by the end of the week, but to expect a revised range for the share price not the 240-290p maybe something like 220 - 260p. Preferential Offer shares discount likely to be 5%.
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Plenty of time yet on this.The issue won't actually be priced until very close to the listing date planned for July.The prospectus is just a guideline reflecting the current market.Trying to keep it simple...
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