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'
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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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.
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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
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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)
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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! :-)
Dil
- 12 Jan 2007 17:57
- 377 of 761
Have every Tom , Dick and Harry piling in soon :-)
optomistic
- 12 Jan 2007 18:54
- 378 of 761
Now that would be great Dil, but I've got that gut feeling that RSA is going places with or without the small PI's (like me) and I don't think we will have long to wait!
optomistic
- 23 Jan 2007 10:33
- 379 of 761
Best news so far this week:
Royal & Sun Alliance
Royal & SunAlliance - Michigan Circuit Court Dismisses GM Complaint
Royal & Sun Alliance Insurance Group plc welcomes the ruling of the Michigan
Circuit Court that General Motors (GM) is not entitled to coverage for its
asbestos and environmental liabilities.
The Court's decision to dismiss the complaint against Royal & SunAlliance USA
confirms R&SA's long-held resolve that GM's claim was without foundation.
goal
- 09 Feb 2007 14:12
- 380 of 761
She just keeps rolling along.
Dil
- 10 Feb 2007 05:09
- 381 of 761
I added a few more this week.
Dil
- 20 Feb 2007 11:05
- 382 of 761
Trying to break out again.
sned
- 03 Aug 2007 10:44
- 383 of 761
no activity on this for a while, despite hte volatility of the markets at the mo, do you think RSA has hit the bottom and we are finally due for up-side? A bit of activity here 2day - due to sharecast below only or is there something else in it?
Date: Friday 03 Aug 2007
LONDON (ShareCast) - Insurer Royal & Sun Alliance has added ground following a JP Morgan upgrade to 'overweight' from 'neutral' ahead of next weeks interim results.
The move also reflects the 19% upside to the brokers 155p price target who believes the fall in the share price in line with the market is unjustified.