Member Info for mjallen

Quite right Chid .

As a long term holder of both Lloyds and Halifax as well as being a LT customer of two fully paid up business loans and two mortgages. It has always been a fair bet to recover. Personally I would like to see a special dividend allotted for today's record date out of the 1.5 billion being held back to cover the worst case decision. As a reward to those that had faith and held.

In accordance with Rule 2.9 of the City Code on Takeovers and Mergers (the "Code"), Aviva plc ("Aviva") confirms that as at 02 June 2025, it had 2,678,856,754 issued ordinary shares of 32 17/19 pence each in issue and admitted to trading.

Are these the shares that will be issued to DLG shareholders? If so can I assume that the completion of the take over is going to be very soon. Or are we still awaiting the mergers mob for their ok.

In accordance with Rule 2.9 of the City Code on Takeovers and Mergers (the "Code"), Aviva plc ("Aviva") confirms that as at 02 June 2025, it had 2,678,856,754 issued ordinary shares of 32 17/19 pence each in issue and admitted to trading.

Are these the shares that will be issued to DLG shareholders? If so can I assume that the completion of the take over is going to be very soon. Or are we still awaiting the mergers mob for their ok.

As a current Aviva customer and holder of Aviva and DLG shares it would appear that the CMA are inviting comments from interested parties. So here is mine F.O. and leave my two companies alone. Your argument that it would leave the combined group with 20% of the motor insurance does not warrant interference. As it still leaves 80% in the hands of other insurance companies. And yes I am still holding onto my DLG shares awaiting the merger.

As a current Aviva customer and holder of Aviva and DLG shares it would appear that the CMA are inviting comments from interested parties. So here is mine F.O. and leave my two companies alone. Your argument that it would leave the combined group with 20% of the motor insurance does not warrant interference. As it still leaves 80% in the hands of other insurance companies. And yes I am still holding onto my DLG shares awaiting the merger.

Not yet but my best guess is June early July.

It depends what your original Purchase price is. I hold 15729 DL shares @ £3.2354 . So for me it pays to let it ride and hope the AV shares I get will improve in value. I hold for dividend value anyway so that's more important to me. Plus I will get £20.4K in cash to play with to buy more AV or another high dividend stock. I hold most of my shares in ISAs and a drawdown account with gives my income a boost over and above my state pension. That the Government do not tax so far.

There is long way to go before this country can change its energy source from NS gas to DMG.

Few people will remember, but the early 1970s also saw one of the biggest changes in British domestic and industrial history. The discovery of gas in the North Sea in 1965 led the nation to switch from town gas, which was produced by heating coal. As a result, around 40 million gas appliances in Britain had to be converted to burn natural rather than town gas. Britain used to have over a thousand local gas works, but North Sea gas made these manufacturing sites redundant, with gas now being stored rather than made locally.

I reckon my shares will be inherited by my grandchildren. Before anything like the level of gas by DMG is in full production.

Current indications point to a completion at mid term of 2025. So I assume end of June beginning July. It would be nice to have it completed on the 4th July, my birthday. That would be a nice present.

Sorry it was a GM and not AGM in my original post plus the following was held on the 10th March

RECOMMENDED CASH AND SHARE OFFER

For DIRECT LINE INSURANCE GROUP PLC ("DIRECT LINE")

BY AVIVA PLC ("AVIVA")

to be effected by means of a Scheme of Arrangement under Part 26 of the Companies Act 2006

Results of Court Meeting and General Meeting show that it was passed by the required number of scheme holders etc.

If anyone is interested I have just been notified by Halifax that the AGM for share sale will take place on the 10th of March.

Looks like your neck is safe, Couerdelion.

Not sure that the test rig is being sold off. DrAl. My take is that two units based on the test rig size will be supplied for the Avioxx process. Afterall you do not sell off the show house before you build the rest of a housing estate.

Hopeful44, I have a similar situation. However it shows that it better to hold your shares undercover of a Share ISA. It's the reason I converted all my shares into an ISA account after Brown taxed my pension dividends at source.

Thankyou Mozart. That's reassuring to hear.

As I hold DLG shares amongst others in an ISA. Will it have any effect on the ISA if my DLG shares turn into Aviva shares?

Aviva bid works for me. My original DLG unit stake for dividends would give me back my original investment in cash, plus Aviva shares and proposed 5p dividend. Which when I include previous DLG dividends paid a small profit of £2000 overall. As well as keeping Aviva shares for any forthcoming future dividend distribution. Therefore, it fits my income strategy to supplement my pension. No doubt that Starmer and Reeves will attempt to steal more of it as time goes on.

My thanks to both Mary and Alex. My calculations and desire to keep units in an insurance company to use dividends for income. Lead me to stay and hold with the view that I will be forced to swop my holding for at least a cash value of min 240p plus Aviva shares. To sell any time lower would just make a loss in capital an reduction in future dividend income.

just a question. your £3, would that be for a mixture of cash and new aviva shares at the .282 ************** for dlg units.

Well put Plantdad. As your alleged other username. As suggested by the clown chief himself I thought it prudent to remind him/her/it or other type of person they are identifying as. I still do separately exist.

However I was looking at the Welsh mints new gold mining operation from PCBs. Methinks our plant could be a useful addition to that place having been there to cost out a system in the past.