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'

Yes, Skinny, but the xd last year was 2 March, rhree weeks earlier.

Midknight - yes XD was 26 days earlier but I assumed that Tanker was referring to the payment date, as the statement wasn't qualified :-)

skin i ment ex which is the only date i look for the div pay is not something i think about as it will be in the bank .
now i will say why i have been buying this week it is not just for the divs
my info says they will be bought out . and this year .

they are well placed to be taken out . not to small and not to big perfect take over

i have added again today now only hold cna and rsa .good times ahead for holders
you have been told .

Where does the takeover info come from T is it Money Observer?
2517

2517 . nothing in the mag that i have read . a good pal .
he is not normaly wrong

i am still buying up to 115p

Share Ramping :-))))))

skin it is not div 28th 5.82p i wish posters on other threads would give out this info
you can not check all companys .
if you buy on what is posted before checking the info then you should not be in buying shares i check everthing before i make the decision which i have always done rsa cna mrw tsco vod barc are the companys that i check constantly

I don't understand (fully) your last post.

Ex dividend for RSA is 28th March - record date 30th March payment date 25th May 5.82p

skin i am saying i am giving out info for posters to check to make money .

isa pay about 3% rsa pays 9% that is why people are poor .
i would never put money into a pension or silly isa they are for idiots .
i have said this many times . and in saturdays FT it is now saying just that
idiots buy pensions

Idiots believe your constant ramping of divi paying shares TANK and then are dismayed when you sell em after divi has been paid.

just lok at the trades today some are mine

Ramp Ramp Ramp! :O)

CC .the truth is in the facts take a look at the trades or do you thing they are fixed

2m buys 1 m sell

Share Ramping :-))))))

Skinny - :O) TANKERS posts 473,474 and 477. I rest my case your worships :O)