Standard Life Unclaimed Demutualisation Shares

Standard Life Demutualisation Unclaimed Shares

Standard Life converted from policyholder ownership to a stock company – a process called demutualisation – on 10 July 2006. Eligible Members are entitled to receive shares in Standard Life plc, as a consequence of this demutualisation.

Generally speaking, you qualify as an Eligible Member if, at the time of the demutualisation – 10 July 2006 –  you were a policyholder on or before 30 March 2004; and the policy was continuously invested, with profits, with Standard Life from 30 March 2004 up to 31 May 2006.

Some 300,000 of the 2.4 million policyholders entitled to receive shares arising from demutualisation failed to claim their windfall, worth £291m.

These 112m unclaimed Standard Life plc shares – equivalent to 4.8% of the company’s total shareholding – have been placed in a trust, and may be claimed up to ten years from the date of the flotation. Any dividends payable on the shares are also held in the trust, and distributed when customers come forward to claim their shares. Note these shares are in addition to policy benefits, which remain unaffected.

Standard Life Unclaimed Demutualisation Shares
Standard Life House
30 Lothian Road
Edinburgh EH1 2DH
0845 275 3000

http://www.standardlife.co.uk/
Email enquiries to:
unclaimed_shares@standardlife.com

Association of British Insurers Lost Life Insurance Policies
Association of British Insurers
51 Gresham Street
London EC2V 7HQ
Tel: 020 7600 3333
Fax: 020 7696 8999
http://www.abi.org.uk

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