Member Info for idakaneis

Another million shares bought today.

STATEMENT ON MOTOR FINANCE REVIEW NEXT STEPS

If motor finance customers have lost out from widespread failings, we are likely to consult on a redress scheme.

Under a redress scheme, firms would be responsible for determining whether customers have lost out due to the firm's failings. If they have, firms would need to offer appropriate compensation. We would set rules firms must follow and put checks in place to make sure they do.

A redress scheme would be simpler for consumers than bringing a complaint. We would expect fewer consumers to rely on a claims management company, meaning they would keep all of any compensation they receive. It would also be more orderly and efficient for firms than a complaint led approach, contributing to a well-functioning market in the future.

Any ideas where the share price will open today?

Https://www.hl.co.uk/features/5-shares-for-2025

Headline had been changed from "Motor finance scandal to cost lenders £25bn" to "Motor finance scandal and other misconduct to cost lenders £25bn"

" https://www.thisismoney.co.uk/money/markets/article-14141449/Motor-finance-scandal-cost-lenders-25bn.html

The administrator's report dated 13Nov is available here: https://find-and-update.company-information.service.gov.uk/company/07434350/filing-history

Ignore previous post. Although former employees and HMRC have been dealt with, there must be other unsecured creditors that are being referred to. Not likely shareholders.

Prescribed part: ....There have been sufficient realisations to enable a distribution to creditors by virtue of the prescribed part. Given the quantum of the unsecured creditors and the relative size of the unsecured creditors pool, any prescribed part dividend is expected to be minimal (on a p in the £ basis). I will shortly be issuing a notice of intended dividend.

Https://inews.co.uk/news/business/uk-unveils-consumer-compensation-rules-financial-scandals-3384216?srsltid=AfmBOoos-7VMrgR1N6_p83kus009LWDDbB1V_GpEmQ6WA__YvAiAEzYr

7th November

Presentation via Investor Meet Company

Mirriad (AIM: MIRI), is pleased to announce that Stephan Beringer and Nic Hellyer will provide a live presentation relating to the Interim Results via Investor Meet Company on 26 September 2024, 11:15 BST.

Dr Martens tumbles as IngreGrsy sells 70m shares in placing

Year end trading update 31st July

You need to set up automatic reinvestment. Then HL will buy shares with the divi for you by 11th of the following month.

Now available on below link...

Will be available in ten days' time on the gov.uk website here: https://find-and-update.company-information.service.gov.uk/company/06744840/filing-history

No news here yet... https://find-and-update.company-information.service.gov.uk/company/06744840/filing-history

Was just looking at trades after hours. There were some enormous trades that went through...

See RNS dated 14th March...Results will be delayed

Message from stockbroker: No indication has yet been given as to whether there is expected to be any return to shareholders as a result of administration. We will write to you again if indication from the administrator is given in respect of the likely outcome for shareholders. When IOG went into administration, the message I received simply said my shares would be cancelled.