optomistic
- 05 Mar 2004 16:19
The 2013 full year preliminary results for RSA Insurance Group plc was announced 27 February 2014.
"3 FOR 8 RIGHTS ISSUE AT 56 PENCE PER NEW ORDINARY SHARE
Further to the announcement on 27 February of its preliminary results for the year ended 31 December 2013, RSA Insurance Group plc ("RSA" or the “Company”) today announces the launch of a rights issue to raise £773 million in proceeds (£748 million net of expenses) (the “Rights Issue”). The Rights Issue is a fully underwritten 3 for 8 rights issue of 1,380,976,863 ordinary shares of 27.5 pence each in the capital of the Company at a price of 56 pence per New Ordinary Share.
The Issue Price of 56 pence per New Ordinary Share represents a discount of approximately 40% to the closing price of 93.4 pence on 24 March 2014 (being the last business day prior to the release of this announcement) and a 32.7% discount to the theoretical ex-rights price based on the closing price on 24 March 2014."
(thanks to skinny for this article)
Bottom chart 'fast stochastic'
Dil
- 30 Jun 2006 19:41
- 357 of 761
One of just a few holdings I still have.
optomistic
- 10 Jul 2006 19:55
- 358 of 761
Brandes have reduced to below 3 % !
That must be taken as a good sign for RSA for if the shares had been placed on the market then the market has absorbed a lot of stock without a large drop.
The other alternative is that the stock has gone to another holder...good to see that, Brandes are not takeover specialists, new holder may be.
goal
- 11 Jul 2006 09:10
- 360 of 761
Morning opto, this still looks good to me.
optomistic
- 11 Jul 2006 09:14
- 361 of 761
Morning Goal, yes this chart looks better :-)
Next challenge is to get past the previous highs, may not be too long, that Brandes holding does appear to have been placed somewhere.
Firm again this morning in a dull market.
optomistic
- 22 Jul 2006 09:18
- 362 of 761
RSA following the market the last few weeks, given a firmer FTSE with the interims due on the 10th Aug we could see the sp pushing 140p. Without undue shocks and surprises maybe we will break 140 and push on to new (recent) highs. Must be realistic, can't see us getting back to the 'old days' highs :-)
Good luck patient holders.
Dil
- 23 Jul 2006 01:01
- 363 of 761
Still in.
goal
- 28 Sep 2006 10:10
- 364 of 761
I have to say that RSA is looking very Strong now.
Dil
- 28 Sep 2006 22:56
- 365 of 761
Still in .
Breakout time.
Dil
- 29 Sep 2006 08:50
- 367 of 761
Was rumoured a few months ago MM but think it just a change of sentiment towards RSA coupled with stronger fundamentals which is currently pushing them along.
goal
- 13 Oct 2006 13:53
- 368 of 761
Royal & Sun Alliance
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*T
13 October 2006
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Royal & SunAlliance notice of nine month results
Royal & SunAlliance announces that its nine month results 2006 will be released on
Thursday 9 November 2006 at 7.00am. A briefing to analysts will take place via conference
call and can be accessed live via the company website (
www.royalsunalliance.com
)
An indexed version of the presentation will be available on the website following the
meeting.
*T
goal
- 26 Oct 2006 13:24
- 369 of 761
Royal & Sun Alliance
Resolution passed at Extraordinary General Meeting on 26 October 2006
An Extraordinary General Meeting of Royal & Sun Alliance Insurance Group plc
(R&SA) to request shareholder approval of the proposed amendments to R&SA's
Articles of Association (to enable R&SA to deregister from the SEC) took place
today. The resolution was unanimously approved by attending shareholders on a
show of hands. The decision of the attending shareholders was endorsed by the
proxy votes cast. A summary of the proxy votes is shown below:
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For Discretionary Against Vote Withheld
----------------------------------------------------------------------------------------
1,672,469,008 1,942,126 252,861,447 14,524,969
----------------------------------------------------------------------------------------
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Issued ordinary share capital as at 26 October 2006: 2,961,634,470
The resolution was supported by a substantial majority (over 86.5%) of the proxy
votes cast (for votes plus discretionary) in favour of the amendments.
R&SA will now take steps to deregister from the SEC and suspend SEC reporting
obligations. A further announcement in respect of these steps will be made
shortly.
--ENDS--
For further information:
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Analysts Press
-----------------------------------------------------------------------------------------
Helen Pickford Phil Wilson-Brown Luke Thomas
Head of Investor Relations Head of External Deputy Group Company Secretary
Communications
-----------------------------------------------------------------------------------------
Tel: +44 (0) 20 7111 7212 Tel: +44 (0) 20 7111 7047 Tel: +44 (0) 20 7111 7032
-----------------------------------------------------------------------------------------
*T
goal
- 13 Nov 2006 09:58
- 370 of 761
Royal & Sun Alliance
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IMMEDIATE 13 NOVEMBER 2006
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Royal & SunAlliance acquires Martello Underwriting Limited
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Royal & Sun Alliance Insurance Group plc announces the acquisition of Martello
Underwriting Limited for 38.5m payable in cash.
Martello is a leading specialist provider of professional indemnity insurance
(PI) to small and medium sized professional practices in the UK, including
accountants, architects, solicitors and surveyors. This transaction delivers on
Royal & SunAlliance's strategy of building leading positions in its target
trades and segments.
The Group expects the transaction to complete in the fourth quarter of 2006. In
2007, the acquisition is expected to generate annual premiums of 40m. The
transaction is subject to regulatory approval.
Bridget McIntyre, UK Chief Executive, Royal & SunAlliance, said: 'This
transaction offers an ideal opportunity for R&SA to strengthen its position in
the Professional Indemnity market. The combination of Royal & SunAlliance's
technical excellence and distribution network and Martello's dedicated expertise
in the PI market, creates an attractive platform from which to drive profitable
growth.'
-ENDS-
For further information:
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Analysts Press
------------------------------------------------------------
Helen Pickford Phil Wilson-Brown
------------------------------------------------------------
Tel: +44 (0) 20 7111 7212 Tel: +44 (0) 20 7111 7047
------------------------------------------------------------
Andrew Wigg Simon Moyse (Finsbury)
------------------------------------------------------------
Tel: +44 (0) 20 7111 7138 Tel: +44 (0) 20 7251 3801
------------------------------------------------------------
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Important Disclaimer This press release contains forward looking statements as
defined in the U.S. Private Securities Litigation Reform Act of 1995. The
forward looking statements are based on management's current expectations or
beliefs as well as a number of assumptions about future events, and are subject
to factors and uncertainties that could cause actual results to differ
materially from those described in the forward looking statements. The agreement
is subject to the execution of definitive documents by the parties. The Company
does not assume any obligation to update any forward looking statements, whether
as a result of new information, future events or otherwise.
optomistic
- 15 Nov 2006 12:56
- 371 of 761
Shares in Royal & Sun Alliance topped the blue-chip risers at midday, following reports in Copenhagen that Finnish insurer Sampo may be interested in the UK group.
goal
- 15 Nov 2006 13:40
- 372 of 761
The future is looking good for RSA. (Thank you opto).
Dil
- 15 Nov 2006 19:39
- 373 of 761
Nice chart ... still in .... nice divi too.
optomistic
- 12 Jan 2007 09:41
- 374 of 761
Nice activity again this morning folks.
Results not due until March.
goal
- 12 Jan 2007 10:38
- 375 of 761
The last time RSA reached 160p was July 2003, if we go above 160p the next resistance is 260p.Wouldn't that be nice.
optomistic
- 12 Jan 2007 10:51
- 376 of 761
Yup! :-)