LIFE insurer Friends Provident's shares will be priced at the low end of expectations - at 225p - when it floats on the London Stock Exchange on Monday.
The pricing will mean members' windfalls will be worth between £450 and about £11,000, depending on the size of their allocation.
The group's 1.7 million members have each been given 200 free shares, with some members getting additional allocations depending on the size of their policy and how long they have held it.
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