Member Info for Bonz1957

A Special div of 1p will be paid on 26/2 shortly followed by the Final div of 1p paid on 1/4 - no joke!! ATB.

You should know by now Gerry that my divs are reinvested into new SL shares, as is the case with every other share I hold - if possible. In the last year only 8% of my divs were taken cash, it's a great way to build the value of one's portfolio over time, even in a falling market. And there are many pretenders, but none come close to the taste of Hockings. A bit like the difference in taste between a 1o0% meat gourmet burger and one of the Westler variety out of a tin as favoured by sellers at footy matches. I'm still around Tune, and am with you on just riding it out. All of my holdings are LTH's and just about the only good thing to say about a falling market is that the divs buy more shares. Mrs B has taken her pensions, and we're now left with a nice sum in a SIPP that needs investing wisely. As that rules me out.....lol.....any advice will be greatly appreciated. Need things that are uber-safe, so no risky oilies or biotechs. ATB.

Imperial Tobacco is rebranding. In a surprise move, the FTSE-listed tobacco giant best known for its Davidoff and Gauloises brands has moved to distance itself from tobacco. From now on, its opting instead for the more mysterious name Imperial Brands. Imperial’s new name, approved by shareholders at the AGM on Wednesday, will come into effect immediately, and the company’s ticker on the London Stock Exchange will be updated from IMT to IMB on Monday 8 February.

Was somewhat confused as to the sudden drop in my portfolio's value until I realised that Imperial Tobacco (IMT) had changed it's name to Imperial Brands (IMB). I only have 600 but having added them back in at £35 a pop my portfolio now looks a lot better. ATB

That is my reading of the situation, as the two sp's are now closely linked by the deal. Buying BG now just means you are likely to get back 1/3 of your purchase price as cash. ATB.

Cumbrian: for all shareholders the default position is 383p in cash and 0.4454 Shell B shares for every BG share held at 6pm on 12/2. There is also an option to ask for Shell A shares instead, or to ask for all cash or all Shell shares, but there is no guarantee that your request will be met in full as it depends on an equal number of people asking for the opposite option. There is no way of knowing if there would be any benefit in buying in know, it depends on what the Shell sp is after the event. You could end up paying dealing charges to buy in only to find out that approx. 35% of your purchase price is returned to you under the deal, if you want Shell shares probably better to just buy them now. I'm sure someone will be on here after the event, with the benefit of hindsight, telling us all how they made a killing by selling BG before the deal and buying Shell, or buying more BG and choosing all cash, or......, or......., whereas in reality no-one knows - you toss a coin, make a choice and live with it, good or bad. ATB.

The number of shares bought and doesn't necessarily have any effect on a shares sp. In a rising market like we had today the MM's will be more than happy to hoover up any shares from those wishing to take a profit and sit on them to offload next week at a higher price to make a profit, or maybe they're book-building for someone who wants to buy a big stake. ATB.

No need to apologise for the double posting or any perceived belligerent tone, I just think we were looking at things differently. Obviously there will be a formula for those wanting to exchange cash for shares, or visa versa, if any is on offer. I answered the original query from the position of there being nothing guaranteed, and as you and I will both take the offer as it stands, there will be no extra cash or shares for anyone from our elections. I was merely trying to point out that just because someone wants to take more cash or shares there is no guarantee that there will be any extra on offer. I should have added that there is nowhere where it says if you want to take cash you will get so much for each 0.454 you give up, or 0.XXX for every £3.83 give up. It will be interesting to see what the final figures are, and if everyone gets what they want or if it is significantly scaled back. ATB.

There is no magic formula, it is entirely dependant on the number of people who choose to receive extra shares or extra cash as to what will be on offer. So until everyone has made their election there is no way of knowing if there will be any extra for anyone. I am more than happy to take some cash from my investment so will accept the deal as it stands, therefore there will be no extra cash or shares for anyone from my election. TB.

As long as you have the shares registered in your name, request the form of Election, and return it by 4.30pm on 12th Feb you will be entitled to the offer. If you own 1,000 BG shares then you would receive 1,000 x 0.4454 = 445 Shell B shares, unless you choose to either receive Shell A shares or opt for the mix'n'match facility. In which case the number of shares you receive will depend on the number of extra shares or cash available. ATB.

...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.

According to the Shareholder Guide of 22/12/15 the suspension of dealings in BG shares is expected at 6.00pm on 12/2/16, with the latest date for settlement of Consideration being 29/2/16. ATB.

EagleB, it depends on how you have chosen to receive the proceeds of your C shares. If you've chosen to have cash credited to your CREST account then it will be as soon as your broker gets around to it, if by cheque it depends on postie, and if reinvested in new RR shares then they advise it will be "No later than 20 January". ATB.

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.

Same goes for BA. BG. BP. NG. UU. and I'm sure many others. Oddly BT is BT.A Wishing all a prosperous 2016 whatever shares they may hold. ATB

Or even £36! FFS - Fat Finger Syndrome!! AT!B.

Not one to be out of ATM IMHO. ATB.

I've just had the following notification from my broker concerning Merlin: 'As a shareholder, you will be delighted to know that Merlin Entertainments are again offering the Merlin Shareholder Special Discount. The offer is available for those who owned at least 317 shares as at the close of trading on November 6, 2015 and entitles the holder to a 40% discount on either two adult Merlin Annual Passes or one Family Merlin Annual Pass purchase (Premium or Standard). Please note this perk is only available to investors in the UK and Channel Islands.' Hope you are able to make use of this offer. Back in the 90's and 00's, living in W London, we used to go to either Thorpe Park or Chessington most w'ends with the kids, and even popped down some afternoons after school to get the most out of our Annual passes. The kids thought we were the best parents ever.....sadly they grew up!! ATB.

Assuming you haven't sold, you're sat on a nice little 50% profit in less than 4 months...well done. Fancy passing on a couple of share tips to your new best mate...lol...as my crystal ball needs replacing. ATB.

Beginning to look like the Directors buys under 100p earlier in the year were well timed. This weeks results were promising, and even a cut in the dividend hasn't halted the march upwards, back to levels last seen two years ago. ATB.