Member Info for MAO3

Sorry...nosebleed.

Seems to be a bit happier being above £4 recently, usually gets a nose bleed and drops back again!

Dividend payment today. Happy to reinvest and hold.

Down nearly 9%??

Nothing showing on their website. Next event AGM 28th July.

3 days of blue! What's going on??

Standard Life and Aberdeen Asset Management shareholders are due to vote on the firms’ proposed tie-up on Monday, in a deal which could pave the way for another merger with Scottish Widows. Standard Life announced a £3.8bn takeover deal for Aberdeen Asset Management, to create an £11bn fund manager, in March. On Monday, investors from both firms will vote on whether to approve the deal, which is slated to complete on 14 August. The prospectus for the deal made clear that the combined group would have discussions on its strategic partnership with Lloyds, which owns life assurer Scottish Widows. There is therefore City speculation that a tie-up is on the cards, and the Sunday Times has today reported that Standard Life-Scottish Widows merger talks will begin this week when the shareholder vote is out of the way. Lloyds has enjoyed a close relationship with Aberdeen in recent years. Aberdeen bought asset management business Scottish Widows Investment Partnership in 2013. Under the deal, the groups agreed a “long-term strategic asset management relationship whereby Aberdeen manages assets on behalf of” Lloyds. The banking group also took a 10 per cent stake in Aberdeen as part of the deal. In March, Lloyds voiced its support for the Standard Life-Aberdeen deal, saying it “welcomes the opportunity to explore ways to build a successful relationship with the combined” group. The bank also said it had agreed, for a period of six months, to delay making decisions on whether to terminate any arrangements with Aberdeen. In their deal prospectus, the groups said: “It is the intention that the combined group will explore ways in good faith to build a successful relationship with Lloyds for the benefit of their respective customers, businesses, shareholders and other stakeholders.” Standard Life and Lloyds Banking Group declined to comment. Aberdeen has been asked for comment.

Standard Life and Aberdeen Asset Management shareholders are due to vote on the firms’ proposed tie-up on Monday, in a deal which could pave the way for another merger with Scottish Widows. Standard Life announced a £3.8bn takeover deal for Aberdeen Asset Management, to create an £11bn fund manager, in March. On Monday, investors from both firms will vote on whether to approve the deal, which is slated to complete on 14 August. The prospectus for the deal made clear that the combined group would have discussions on its strategic partnership with Lloyds, which owns life assurer Scottish Widows. There is therefore City speculation that a tie-up is on the cards, and the Sunday Times has today reported that Standard Life-Scottish Widows merger talks will begin this week when the shareholder vote is out of the way. Lloyds has enjoyed a close relationship with Aberdeen in recent years. Aberdeen bought asset management business Scottish Widows Investment Partnership in 2013. Under the deal, the groups agreed a “long-term strategic asset management relationship whereby Aberdeen manages assets on behalf of” Lloyds. The banking group also took a 10 per cent stake in Aberdeen as part of the deal. In March, Lloyds voiced its support for the Standard Life-Aberdeen deal, saying it “welcomes the opportunity to explore ways to build a successful relationship with the combined” group. The bank also said it had agreed, for a period of six months, to delay making decisions on whether to terminate any arrangements with Aberdeen. In their deal prospectus, the groups said: “It is the intention that the combined group will explore ways in good faith to build a successful relationship with Lloyds for the benefit of their respective customers, businesses, shareholders and other stakeholders.” Standard Life and Lloyds Banking Group declined to comment. Aberdeen has been asked for comment.

in the active asset management industry will be determined by being big or boutique: you do not want to be stuck in the middle. 'We think the deal reflects Aberdeen and Standard Life choosing to be big.'

Shareholders today overwhelmingly backed an £11billion merger between Standard Life and Aberdeen Asset Management. More than 95 per cent of investors at Aberdeen and 98 per cent at Standard Life voted in favour of the deal during general meetings held on Monday. Standard Life shares were trading up 2 per cent at 397.05p while Aberdeen shares soared 4 per cent to 298.65p after the announcement. The enlarged company, to be called Standard Life Aberdeen, will be headed by Keith Skeoch and Aberdeen boss Martin Gilbert with a bumper 16-member board. The merger is targeting cost savings of £200million a year, with around 800 jobs expected to be lost over a three-year period from a global workforce of 9,000. It comes after reports that Standard Life will also start talks to merge with Scottish Widows, a subsidiary of Lloyds, after the Aberdeen merger goes through on 14 August. Standard Life declined to comment on this 'speculation' when contacted by This Is Money. Aberdeen also refused to comment. Gerry Grimstone, chairman of Standard Life, said the deal was 'one of the most significant events' in the history of the company. 'There are still some approvals to be granted before the merger can complete and I know the teams in both companies are working through these diligently,' he added. 'We are still on track for a completion date of 14 August and will keep our shareholders informed of developments.' Simon Troughton, chairman of Aberdeen Asset Management, said the result was a 'landmark' in the firm's history. He said: 'We are pleased with the overwhelming support Aberdeen shareholders have shown for the proposed merger. They recognise the strategic and financial rationale of the transaction which will create the UK's largest active asset manager and one of the top 25 globally. 'The two businesses' investment capabilities and distribution channels are highly complementary and by combining them we are well positioned to compete in an evolving global market environment. 'The strengths of the combined businesses in multi-asset and solutions, alternatives and active specialities, such as emerging markets, are strongly aligned to the needs of clients now and in the future. 'The new company will have a robust balance sheet and diverse revenue streams, by asset class and distribution channel. This will facilitate investment in the business to support long-term growth and shareholder returns. 'Today represents another landmark for Aberdeen, which started 34 years ago as a £70 million investment trust and grew to become a world-renowned asset manager managing billions of assets and employing thousands of people around the globe. 'This deal opens up significant opportunities across all facets of Aberdeen's business and is an important step towards realising the company's ambition of creating a world-class investment business with a truly global footprint.' David McCann, analyst at Numis Securities, said: 'Future success

LONDON, June 19 (Reuters) - The shareholders of Standard Life and Aberdeen Asset Management both gave their backing to a planned 11 billion pound ($14.04 billion) merger at company meetings held on Monday. A total of 95.8 percent of Aberdeen shareholders voted for the merger, as did 98.6 percent of Standard Life shareholders. The merger, announced in March, is due to complete in mid-August

You really must lead a sad life, but you do make me laugh.

Not a chance. Now go away you annoying little man.

WOW, what an annoying idiot!

Possible £900 million payday...nice!

Usual holding declarations due to merger, bar the last one.

Don't see it myself, though i won't complain if it;s at that price when they reinvest my dividend!!

Payment date is 14th July, not June. 11.90p was 2016 Final, so hopefully we might see a bit of an improvement!!

Personally, I'm happy for it to stay below this level, at least until they can buy my DRIP allocation!!

This is from the M&S website http://corporate.marksandspencer.com/investors/sell-side-consensus We'll see on the 24!