The 4% rise gives someone with an average 673 windfall shares
Year after year, they voted to forego the windfall shares
they stood to receive in a de-mutualisation.
But he is understood to be keen to placate B&B's 850,000-plus small shareholders, many of whom qualified for windfall shares
when the company demutualised, and win their backing for the deal.
When I opened it I had to sign a form saying that if the society ever becomes a bank, any windfall shares
or cash will go to charity.
Some 19,000 are entitled to seven million windfall shares
as a result of the Edinburgh life assurance giants' flotation last year.
The number of policies lapsing remained above the long-term trend, as customers consolidated their arrangements after A-Day and policyholders moved on following the award of windfall shares
in the company's demutualisation this summer, he added.
Shares fell more than 2% after the company said policyholders leaving the company following the payment of windfall shares
had prompted it to increase the amount of money it sets aside to cover policy lapses.
STANDARD Life policyholders who qualified for windfall shares
this week should hesitate before dumping poor performing endowment plans at the earliest possible opportunity, says John Williams at no win, no fee company First Endowment.
4 million members are eligible for windfall shares
, while a total of 5 million members and customers have been given the chance to apply for the new shares at a discount of 5% to the offer price.
5 million members of Standard Life must now decide what to do with the windfall shares
they will receive when it floats on the stock exchange.
4 million of windfall shares
and cash they have three months to do so before the shares will be sold.
And what about 250,000 Abbey National shareholders who failed to collect their windfall shares
when the building society became the first to float on the Stock Market in 1989?