Standard Life PLC’s ordinary shares were admitted to the official list of the UK Listing Authority and to the main market for listed securities of the London Stock Exchange.
Unconditional dealings in Standard Life’s ordinary shares commenced Monday morning. Standard Life’s market capitalization is approximately £4.65 billion at the offer price of 230p per share.
“Today marks an important new chapter in Standard Life’s history,” said Sir Brian Stewart, Standard Life chairman. “The Board would like to extend a warm welcome to all the group’s new shareholders and looks forward to building long-term value in the business.”
Merrill Lynch International and UBS Limited are acting as Joint Sponsors, Joint Global Co-ordinators and Joint Bookrunners. Citigroup Global Markets U.K. Equity Limited and JPMorgan Cazenove Limited are Co-lead Managers.