One for the stock market experts

[havoc]

I have an opportunity to subscribe for Standard Life shares when they float. I also have some meaningful (4-figures) spare cash for the first time ever, which I won't need in the short term (but I'd rather not throw away).

So...are they likely to go up or down straight after flotation? Not sure how they're perceived in the market at the mo'.

Any non-professional advice welcome.

Cheers,

Martin.

[J_S_G]

Firstly, can you clarify... are you getting them at face value, or some discounted scheme?

And are we talking a straight purchase, or some kind of options plan with a vesting date in the future? And any kind of performance condition attached - TSR/EPS/etc?

[havoc]

Cheers JSG.

Just re-reading, and that was pretty simplistic. My excuse is it was late - long day yesterday.

OK - 5% discount, straight purchase, no conditions (not that I can read in the offer document).

I also realise that no-one has a crystal ball. What I should have been asking is:-
- How are they perceived in the industry/market?
- How have similar recent flotations performed in the first 3-6-12 months?
- Any other pertinent advice?

Thanks again,

Martin