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Aviva plc (AV.B) 8 3/8% Cum Irrd Pref GBP1

Sell:139.00p Buy:143.00p 0 Change: No change
Market closed Prices as at close on 1 April 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Aviva plc 8 3/8% Cum Irrd Pref GBP1

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 27 Mar 2025)

Aviva plc is seeking shareholder approval for the cancellation of your 8.375 per cent Cum Irrd Pref GBP1 preference shares at meetings to be held on 15 April 2025. If the cancellation is approved, for every preference share you hold you will receive cancellation proceeds of 145.2p made up of redemption proceeds of 100p, plus an accrued dividend of 1.2p and a special dividend of 44p.

 

At the same time, if the cancellation is not approved, you can elect to tender your preference shares at a price of 144.8p per share. This is made up of a tender price of 144p and the accrued dividend amount of 0.8p per share.

 

You have 3 options

 

Option 1 – Tender your preference shares and approve the cancellation. You can ask to sell some or all of your preference shares in the offer. If you elect to tender your preference shares, you are automatically counted as voting in favour of the cancellation resolutions and you will receive a voting fee of 2p per preference share if the proposal is approved.

 

Option 2 – Voting only without participating in the tender offer. You can vote FOR or AGAINST the cancellation proposal without participating in the tender offer. If you do this and the cancellation is approved, you will receive a voting fee of 2p per preference share on top of the cancellation proceeds referred to above. If the cancellation resolutions are not approved, you will retain your preference shares and no voting fee will be paid.

 

Option 3 – Take no action. If you take no action, your preference shares will still be cancelled if the cancellation resolutions are approved. You would therefore receive the cancellation proceeds referred to above but not the 2p per preference share voting fee. If the cancellation resolutions are not approved, you will retain your preference shares.

 

Please act by noon on Monday 7 April 2025

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:139.00p
Buy:143.00p
Change: No change
Market closed Prices as at close on 1 April 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Aviva plc 8 3/8% Cum Irrd Pref GBP1

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 27 Mar 2025)

Aviva plc is seeking shareholder approval for the cancellation of your 8.375 per cent Cum Irrd Pref GBP1 preference shares at meetings to be held on 15 April 2025. If the cancellation is approved, for every preference share you hold you will receive cancellation proceeds of 145.2p made up of redemption proceeds of 100p, plus an accrued dividend of 1.2p and a special dividend of 44p.

 

At the same time, if the cancellation is not approved, you can elect to tender your preference shares at a price of 144.8p per share. This is made up of a tender price of 144p and the accrued dividend amount of 0.8p per share.

 

You have 3 options

 

Option 1 – Tender your preference shares and approve the cancellation. You can ask to sell some or all of your preference shares in the offer. If you elect to tender your preference shares, you are automatically counted as voting in favour of the cancellation resolutions and you will receive a voting fee of 2p per preference share if the proposal is approved.

 

Option 2 – Voting only without participating in the tender offer. You can vote FOR or AGAINST the cancellation proposal without participating in the tender offer. If you do this and the cancellation is approved, you will receive a voting fee of 2p per preference share on top of the cancellation proceeds referred to above. If the cancellation resolutions are not approved, you will retain your preference shares and no voting fee will be paid.

 

Option 3 – Take no action. If you take no action, your preference shares will still be cancelled if the cancellation resolutions are approved. You would therefore receive the cancellation proceeds referred to above but not the 2p per preference share voting fee. If the cancellation resolutions are not approved, you will retain your preference shares.

 

Please act by noon on Monday 7 April 2025

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:139.00p
Buy:143.00p
Change: No change
Market closed Prices as at close on 1 April 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Aviva plc 8 3/8% Cum Irrd Pref GBP1

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 27 Mar 2025)

Aviva plc is seeking shareholder approval for the cancellation of your 8.375 per cent Cum Irrd Pref GBP1 preference shares at meetings to be held on 15 April 2025. If the cancellation is approved, for every preference share you hold you will receive cancellation proceeds of 145.2p made up of redemption proceeds of 100p, plus an accrued dividend of 1.2p and a special dividend of 44p.

 

At the same time, if the cancellation is not approved, you can elect to tender your preference shares at a price of 144.8p per share. This is made up of a tender price of 144p and the accrued dividend amount of 0.8p per share.

 

You have 3 options

 

Option 1 – Tender your preference shares and approve the cancellation. You can ask to sell some or all of your preference shares in the offer. If you elect to tender your preference shares, you are automatically counted as voting in favour of the cancellation resolutions and you will receive a voting fee of 2p per preference share if the proposal is approved.

 

Option 2 – Voting only without participating in the tender offer. You can vote FOR or AGAINST the cancellation proposal without participating in the tender offer. If you do this and the cancellation is approved, you will receive a voting fee of 2p per preference share on top of the cancellation proceeds referred to above. If the cancellation resolutions are not approved, you will retain your preference shares and no voting fee will be paid.

 

Option 3 – Take no action. If you take no action, your preference shares will still be cancelled if the cancellation resolutions are approved. You would therefore receive the cancellation proceeds referred to above but not the 2p per preference share voting fee. If the cancellation resolutions are not approved, you will retain your preference shares.

 

Please act by noon on Monday 7 April 2025

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
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Performance

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