PIC.L Share Price (PIC)

...yet again! When the deal was announced the indicative value of the deal was 426.5p per Pace share. Sold my Arris shares as I've been screwed by the Yanks and the £:$ exchange rate too often in the past, and with the fall in the Arris sp and the general decline in the markets I've ended up with only 386.5p for my Pace shares - down 40p. Best of luck to all those who keep their Arris shares, but I'm out. ATB.

Looking at ARRIS 5 year SP chart, the 4 Jan 16 marked the start of the decline in value from 30.40 to todays 26.16 {$ of course]. Virtually throughout 2013 the SP was below 20$, but since then it has been hovering around, occasionally rising above, but usually off 30$. ARRIS base of operations is in Georgia, one of the United States of America, and 'sits on top of' the Florida peninsula'. It was [apparently] named after one of Englands line of Georgian Honoverian Monarchs, the then current George the Second, who assumed the title in 1714 until his death in 1760. Georgia, founded in 1732 was the last of the original 13 States, and the fourth to sign the US Constitution in1788, but in 1862 opted out of the Union to became one of the seven original Confederate States . . . . losing the Civil War! Courtesy Wikipedia where there is a wealth of knowledge about the State, including that its orginal Charter as a Colony of the United Kingdom, banned slavery! Has it any bearing on the Pace/ ARRIS 'merger'? No, but those of us with an affinity for Yorkshire [home of Pace], like to know who 'we're getting into bed with'! You never know 'Home Rule for Yorkshire' may get some unexpected support, especially after hosting the opening stages of the Tour de France {:-)

Exchange rate should read $ = 69p sorry [:-(

Me too Bonz1957, my holding was split, but my dealing account has been credited PIC shares x 132.5, but not the share allocation - it still shows full 'PIC' info. NB: ARRIS, Nasdaq{ARRS}. . . . . SP Fri close was $27.32. [£18.81, @ today's e/rate $69]. Of no particular interest, historically 'this' Friday 7 Jan 2000, Pace SP dropped dramatically to 498,20, from the previous days 530. Then Monday began the terrific surge to a weekend 731.20, and by the next w/end it was 898, and Monday after, it closed at 933.50 ! Yes the price surge was not restricted to PIC, though fewer fell, for example Halifax fell 8p, Powergen fell 15p. NB Always take a profit, but choose well! With China's problems we may have to wait for an ARRIS recovery. GLA

Trman, for every Pace share you held you will receive 132.5p plus 0.1455 of an Arris International plc share. As I held my Pace shares in certificated form I received my cheque and Nominee Service Statement of Ownership for my Arris shares today. ATB.