Member Info for Bonz1957

You should receive your 73p's by April 1st - no, that's not a joke lol!!! As for whether you sell or keep your shares that has to be your decision. Why did you buy them in the first place or, if held since flotation, why have you kept them for so long? Do you need the money? Do you have other shares you wish to invest in? What criteria do you usually place on shares when in profit? Do you bank the profit and go elsewhere, or re-assess the situation and if the reasons you initially bought the shares still hold good do you hold for longer? As you are still in profit and have effectively taken over £5k out of your investment with the div that is coming next week it may well be worth staying here for a while to see which way it goes without risking your original stake. ATB.

The Record Date is April 13th, with payment being made on May 4th to those requesting cash (though likely to be May 5th in the UK due to the Bank Hol) while those who requested shares will receive them on May 8th. ATB.

For the May div the payment remains at €0.15 and will be offered as a SCRIP div, this is due mid May. Then for the four divs in the 2015 results season the div drops to €0.05 and will be offered as 1 SCRIP and 3 cash divs. From 2016 onwards they will grow divs in line with profits. ATB. http://www.rns-pdf.londonstockexchange.com/rns/7087B_-2015-1-8.pdf - See pages 4, 6, 10 and 11.

For goodness sake stop moaning lol!!! I see from the Tv you've all been plunged into darkness up there, bet you Scots hated turning the lights on in the middle of the day!! ATB

How very true Asperger1 - it wasn't as if your post was 2 or 3 pages back!!. I posted the same information about a week ago from the original prospectus but was doubted by some, nice to see you post the confirmation that we will still get our Bonus Shares - or their value. Wonder how many others will ask exactly the same question over the next few days, simply because they are too lazy to look it up for themselves!! ATB.

You can join in if you like as long as you don't support certain teams!! If it wasn't for the off-topic chat on here there wouldn't be much else to talk about other than "WTB gone up again" - if only all shares behaved like WTB this investing lark would be a doddle. ATB.

Well said Gary, ATEOTD a gain is a gain is a gain. If people are this unhappy about the perceived loss of a couple of pence on paper, how pee'd off must they be when they really lose money lol!! ATB.

I find it incomprehensible that people would rather their consolidated shares were still priced at 401.5p so that the figures work out nicely and they don't think they have 'lost' any money, rather than the current 473.5p!! FWIW I couldn't give a flying **** what it looks like on paper, I'm more than happy that my new shares are worth 72p more than those paper calculations. If the sp had fallen since the announcement then we would have lost money, as it is we are all far better off. We are only a few p's away from the point where the value of our consolidated shares will equal our original holding, plus we will all have a nice fat wad of cash as a bonus. Stop moaning!! ATB.

Even smaller world!! I was part of the first James May model train race, and even made it into the televised show as the fat bloke laying track!! Hockings ice cream is the best in the whole world, and Mrs B and I can be seen on the front at Instow enjoying one at least 2 or 3 times a week in the summer as we stagger back from the pub!! Not in GSK but will pop over for a look. The sun is shining and I have gardening to do so the masses will have to stay confused!! ATB.

There was never an option to take shares, only cash. The choice was to have your cash as Income (C) or as a Return of Capital (B) to be treated under CGT rules. If you did not make a choice the default option was the C Share Income option. ATB.

For every Bank of Madrid there's a Northern Rock!! Wonder where we would be now if HM Gov hadn't stepped in to rescue half of ours?? Sounds like you made a wise choice getting out when you did - I'll know where to come now when I need some advice lol!! ATB.

The money hasn't gone anywhere. When this deal was calculated the figures were based on an sp of 401.5p. So 401.5p less the 73p Special div = 328.5p. Then the 9 for 11 calculation would have taken the sp back to 401.5p and we would have been no worse off: (328.5p x 11)/9 = 401.5p. So when the deal was announced 1,000 shares at 401.5p (£4,015) would have become 818 shares at 401.5p, plus £730 cash plus a fraction of a share returned as 73p cash = £4,015 - No worse off. However the sp has risen significantly in our favour. So now those 818 shares at 468.5p are worth £3,832.33, plus the £730 Special div and the 73p fraction which we will receive totals £4,563.06. Therefore every 1,000 shares originally held are now worth an extra £548.06!! What is not to like?? ATB.

You will receive 1276 x 73p in cash (the Special Div) which totals £931.48, the payment should be with you by 1st April. If you had read the associated paperwork on the Special Dividend and share consolidation you would know that you have until this Fri to elect to have your cash returned as either Income (C Share) or as a Return of Capital to be treated under CGT rules (B Share) - simply choose the most tax efficient optoon for you. ATB.

As the Sabadell offer was for 340p in cash, with no mention of any paper alternative, there won't be any shares left to suffer a "mass sell off, thus an SP drop"!! You only have to look at how successful Santander are - they are the 11th Bank in the World by Mcap, and the largest in the Eurozone - to realise how strong the Spanish banking sector is.

Others have already confirmed your understanding that the B Share Return of Capital option looks like it would be the best choice for you. Assuming you have not used all of your £11,000 CGT allowance for other purposes, then if your Gain can be absorbed within this limit then there will be no further liability to any tax. Remember your gain will only be the profit you have made on the number of shares that have been effectively 'sold' - the difference between the number you held pre and post consolidation - when you take into account their initial book cost, and not the total value of any payment you receive. Your base or pool cost for your remaining shares will be reduced by a corresponding amount for the purposes of any future CGT calculations.

Small world!! Had a quick look and it seems the C2C route is designed to go N to S, though as I'm biased I would say you would be better finishing up on the N. Devon Coast. The route between Barnstaple and Bideford will take you along the Tarka Trail - the route of the old railway line - and passes a few hundred yards from my front door. Let me know when you plan to do it and I'll come down to wave as you pass by!! Today's sp is within a couple of pence of where I thought it would be, when you consider the deal was based on a price of 401.5p we haven't done too badly at all. We only need another 25p for our reduced number of shares to be worth what our original holding was when the deal was announced, maybe there was a windfall element to this after all. ATB.

Hope you enjoy your trip to my part of the world, the weather that far ahead looks to be cool, grey and dry, but a lot could change between now and then. I shall be travelling on the team bus with Barum to watch them play at Devizes on the Sat, but would be happy to buy you a pint on the Sunday if you know in advance where you will be drinking. You'll be OK on the footy front as I don't mind Chelsea, and was so pleased you won the League Cup and denied our bitter rivals the trophy!!! ATB.

.....care to hazard a guess at the opening price on Monday? I'm going for 468p. There will be a cash prize and all I need is your full name and address, along with sort code, account and PIN numbers, thank you!! ATB.

Far too technical for me I'm afraid, so I'll have to take your word for it. I'm just a buy 'em, hold 'em, and see what happens type of guy. ATB.

My bad!! Of course I should have said "avoidance is good, evasion is naughty!! Must have been a senior moment - I'll go and sit on the naughty step!! ATB.