Standard honours late members claims - papers 4th August

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MORE THAN 50,000 policyholders, who failed to register before the original deadline for free Standard Life discounted shares, have now claimed their windfalls, reports The Scotsman .

According to the paper, more policyholders are now getting round to claiming their windfalls - at up-to-date prices - since Standard Life floated on the Stock Exchange almost four weeks ago. At the time the company went public on 10 July, about 5.6% of the eligible policyholders had not contacted Standard Life. This has now fallen to 4.8%. A spokesman for Standard Life said: "There are still about 300,000 people or groups who have free shares that have not yet claimed them. They can come forward any time over the next ten years, when the shares will be allocated at the price at that t...

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