When will Standard Life share issue begin?
Answers:
The agreement for standard life to convert to company was passed by the courts on Friday last week. They expect to be sorting out the shares by July it looks however, as the stock market has fallen in the last few days that the price on the shares will be of the order of 10% lower than than quoted in the prospectus.
They have started issuing shares already. If you haven't received your letter, do contact them without delay
I haven't had any shares yet either, will be getting 247 shares and will be selling them as they aren't really enough to warrant holding on to them. I personally will wait around six months until the market settles down for them as most people will want to sell them straight off and we all know what will happen if supply outstrips demand
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