Can I sell my Standard Life Shares at any time

magicmaria

Hi I missed deadline to send my shares off to sell - do I have to keep them for a year before I sell can I sell them at any time?

thanks

ReportInvestor

You can sell them at any time.

Keeping them for a year "just" entitles you to 5% bonus shares (and you would pick up a useful 4%+ gross dividend by holding them to May 2007 as well).

But in the meantime the share price could fall (or rise).

ReportInvestor

I tend to think that Standard may have created enough incentives for members to hold on - positively the bonus shares and the decent dividend; negatively a few obstacles to selling i.e. the difficulties contacting Computershare, except by post, which could, taken together, fuel institutional demand that might see the share price edge up over the summer, if the market remains steady.

[Personal disclosure - I still hold some Standard Life shares.]