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Standard Life shareholders vote in favour of merger with Aberdeen Asset Management
19 June 2017
The Standard Life general meeting took place on 19 June at the Assembly Rooms in Edinburgh, where shareholders voted 98.6% in favour of the proposed merger with Aberdeen Asset Management. The RNS and voting results can be found here.
At the start of the general meeting, all of those present observed a moment of silent reflection as a mark of respect for those who have lost their lives or been injured in recent events in London and Manchester.
Following the general meeting, Standard Life Chairman, Sir Gerry Grimstone, said:
“I'm delighted our shareholders have voted to support the Merger today. Our Merger with Aberdeen will be one of the most significant events in our near-200 year history, creating a well-diversified world-class investment company.
"Proudly headquartered in Scotland, and employing some of the best talent in our industry, our new combined company will continue to put our customers and clients across the world at the centre of everything we do.
"There are still some approvals to be granted before the Merger can complete and I know the teams in both companies are working through these diligently. We are still on track for a completion date of Monday 14 August and will keep our shareholders informed of developments."
Aberdeen Asset Management also held a General Meeting today, here is a link to their RNS.
An image from today’s event is available here.