Standard Life - Surely this cant be true!

m_c_s

Interesting article - surely not true!

http://business.timesonline.co.uk/article/0,,9063-2246532,00.html

equitydealer

The grey market price is probably accurate which is bad news for shareholders selling out on the first day of trading.

agness_3

So it looks like it would be best to hang onto our shares rather than sell them on first day of trading?

Midas

How does one get onto the board of a company like standard life I wonder... (goes into wonderful daydream about enormous share options)

mad

Thanks

At the moment I am going to hold on to the free shares but not buy more, unless I get any other advice. Does anyone know any more about this part of the report relating to NU and CGNU

Norwich Union policyholders will not receive a windfall for at least two years, even if it decides to carve up £3.3 billion-worth of assets in two with-profits funds, the insurer said. In a letter sent yesterday, NU said that CGNU Life and Commercial Union Life with-profits policyholders should not make any hasty decisions on the future of their policies but should take the reorganisation of NU’s with-profits funds into account when deciding on whether to change or scrap their investment.

plumb1_2

agness wrote:

So it looks like it would be best to hang onto our shares rather than sell them on first day of trading?

If you are going to keep the shares and get the certificate, remember to go to step 5 and tick the box.

There is also on offer on to get a extra £75 when you deposit your certificate inti a Squaregain account( see T&C)
See more about this offer here http://forums.moneysavingexpert.com/showthread.html?t=91587

agness_3

Can't find any mention of this offer on sharegain site, is it still on? Do I still keep my shares by doing this or do sharegain buy them from me and turn them into some kind of account instead? Sorry for ignorance - just want to be clear about what this is all about, haven't done any wheeling & dealing before!!?