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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Abrdn Plc | LSE:ABDN | London | Ordinary Share | GB00BF8Q6K64 | ORD 13 61/63P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 5.55 | 3.71% | 155.20 | 155.35 | 155.50 | 155.95 | 149.95 | 149.95 | 6,088,055 | 16:35:10 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Ins Agents,brokers & Service | 1.55B | 12M | 0.0061 | 254.67 | 3.05B |
From May 2019 to May 2024
TIDMSL.
RNS Number : 7085V
Standard Life plc
19 April 2016
Standard Life plc
19 April 2016
Proposed IPO of HDFC Life
Standard Life plc notes that, on 18 April 2016, the Board of Directors of HDFC Standard Life Insurance Company Limited ("HDFC Life") approved taking steps to initiate the process for an Initial Public Offering ("IPO") of HDFC Life which would be by way of an offer for sale by Housing Development Finance Corporation Limited of up to 10% of HDFC Life's paid-up and issued equity share capital. The intention to proceed with an IPO is subject to market conditions and applicable regulatory and other approvals including that of the Insurance Regulatory and Development Authority of India and the Securities and Exchange Board of India.
Standard Life plc, through its wholly-owned subsidiary, holds a 26% shareholding in HDFC Life and is in the process of increasing its stake to 35%, as previously announced. Standard Life plc notes that it has no intention to dispose of its shares in HDFC Life as part of the IPO.
For further information please contact:
Institutional Equity +44 (0) 131 245 8028* Investors +44 (0) 7515 298 608 Jakub Rosochowski +44 (0) 131 245 6466* Neil Longair +44 (0) 7711 357 595
* Calls may be monitored and/or recorded to protect both you and us and help with our training. Call charges will vary.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
April 19, 2016 13:23 ET (17:23 GMT)
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