Editor's Pick: Podcast: Are Gilts the biggest Ponzi scheme ever?
(LLOY.L) Lloyds Banking Group PLC Buy/Sell
Add to portfolio Set Alert Level 2 Desktop Trader
Summary
Buy UK shares FREE until 30 Jun 2010. No hidden charges, admin or inactivity fees
|
|
|||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||
| Date/Time | Headline | Source |
|---|---|---|
| 06-11-09 | AFX UK Focus |
|
|
By Kevin Drawbaugh
WASHINGTON, Nov 6 (Reuters) - An independent U.S. senator on Friday introduced a bill that would give the government the power to identify and break up financial firms that are "too big to fail," an idea that is catching on.
GOAL IS STABILITY
(Reporting by Kevin Drawbaugh; Editing by Kenneth Barry) Keywords: FINANCIAL REGULATION/BREAKUP (kevin.drawbaugh@thomsonreuters.com, +1 202 898 8390, +1 202 488 3459 (fax))
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More |
||
| 06-11-09 | RNS |
|
|
RNS Number : 1415C Lloyds Banking Group PLC 06 November 2009 FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the Takeover Code)
which the dealings being
disclosed relate (Note 2)
(a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)
(2) Derivatives (other than options)
(3) Options and agreements to
purchase/sell
(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)
(1) Relevant securities (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total
Class of relevant security: Details
Purchase/sale Number of securities Price per unit (Note 5)
(b) Derivatives transactions (other than options)
Product name, e.g. CFD Long/short (Note 6) Number of securities Price per unit (Note
(c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying
Product name, e.g. call option Number of securities Exercise price per unit (Note 5) (d) Other dealings (including new securities) (Note 4) Nature of transaction (Note 8) Details Price per unit (if applicable) (Note 5)
Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.
N/A
If a connected EFM, name of offeree/offeror with which connected If a connected EFM, state nature of connection (Note 10) Notes The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk This information is provided by RNS The company news service from the London Stock Exchange END
RETUNRVRKSRARAA More |
||
| 06-11-09 | RNS |
|
|
RNS Number : 1405C GoIndustry-DoveBid PLC 06 November 2009 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuer of Golndustry-Dovebid plc existing shares to which voting rights are attached:
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
subject to the notification obligation: 4. Full name of shareholder(s) See Section 9. (if different from 3.): 5. Date of the transaction and 2 November 2009 date on which the threshold is crossed or reached:
notified:
8. Notified details: A: Voting rights attached to shares
if possible using
the ISIN CODE
GB00B06GGV49 B: Qualifying Financial Instruments Resulting situation after the triggering transaction
N/A C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Total (A+B+C)
Number of voting rights Percentage of voting rights
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: 72,505,295 shares (7.441%) are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Direct/Indirect Interests). Within these holdings, 23,030,676 shares (2.364%) are managed on behalf of Clerical Medical Managed Funds Limited, a wholly owned subsidary of Clerical Medical Investment Group Limited, a wholly owned subsidiary of HBOS Financial Services Limited, a wholly owned subsidiary of HBOS Insurance & Investment Group Limited a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc, and are therefore disclosed as an overall Direct Interest. Proxy Voting:
12. Date on which proxy holder will cease to hold voting rights: N/A
13. Additional information: Notification using the Total Voting Rights
15. Contact telephone number: 0113 235 7729 This information is provided by RNS The company news service from the London Stock Exchange END
HOLEASFKEEENFFE More |
||
| 06-11-09 | AFX UK Focus |
|
|
By Myles Neligan and Victoria Howley
LONDON, Nov 6 (Reuters) - British insurance-focused acquisition vehicle Resolution, back on the takeover trail after completing its first deal this week, is likely to find its next target outside the publicly quoted sector.
Friends secured concessions on Resolution's corporate governance and executive pay arrangements after publicly criticising them during pre-merger talks between the two sides in August.
More than half of Resolution's own 25-strong list of potential takeover targets, unveiled during a presentation to analysts and investors three months ago, are privately-owned, or are the unlisted susbidiaries of publicly-quoted parent companies.
They include Scottish Widows and Clerical & Medical, the life insurance operations of part-nationalised lender Lloyds Banking Group, as well as the British subsidiaries of European insurers Aegon, Axa and Zurich Financial Services.
(Editing by Dan Lalor) ($1=.6053 Pound) Keywords: RESOLUTION/ (myles.neligan@reuters.com; +44 207 542 13 73)
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. More |
||
| Date/Time | Subject | Author | ||
|---|---|---|---|---|
| Sat 22:40 | ||||
|
| ||||
|
| ||||
|
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6907889.ece
please copy and paste to read article . opinions appreciated on possible impact on sp please More | View thread (1) | Respond | Login to Vote up | Login to Vote down |
||||
| Sat 21:25 | ||||
|
| ||||
|
| ||||
|
The reference to 0.50p should of course read 50p!
Prag More | View thread (5) | Respond | Login to Vote up | Login to Vote down |
||||
| Sat 21:24 |
3 |
|||
|
| ||||
|
| ||||
|
The more I think about the RI, the more it stinks. It's a scam.
The losers are going to be those who are attempting to avoid dilution by injecting more cash at the full rate. In other words, the losers are going to be PIs and those IIs who decide to take up the RI fully. HMG are getting the RI at a very significant discount of £2.5Bn for nothing. I no longer hold LBG but if I did, I would be paying 50p for every share held before the ex-rights date assuming I took up the RI fully. HMG on the other hand are paying just under 29p compared to my 50p. The institutions underwriting the RI are, I'm sure, hoping that the remaining £7.7Bn of the RI will only be partially taken up. Why? Because they get to pick up the residual shares at 0.50p without the commitment of having to hold an equivalent number of shares at the ex-rights date. Assuming a 1:1 RI, they stand to make a killing even if the ex-rights SP falls to say 60p. Everyone else gets to pay for these concessions given to HMG and the underwriters. ED and Co must of course be fully aware of all of this but what do they care. They are guaranteed to raise the money they need because of the HMG involvement and the underwriters. They must know that everyone else is on a loser and are ripe to be shafted once again. For these reasons, I decided a few days ago that I'm out - my holding at the time was in excess of 120K. I fully expect to be able, should I choose, to buy back in again after the dust settles and achieve parity without having to shell out the sort of money (£60K) involved in signing up to the RI. As a long standing LLOY/LBG shareholder, I am not prepared to be shafted yet again. Prag More | View thread (5) | Respond | Login to Vote up | Login to Vote down |
||||
| Sat 21:05 | ||||
|
| ||||
|
| ||||
|
...........just as I said. Shareholdings will almost half,price will drop to approx
40-45p,then will be the time to go in......I know I will! More | View thread (3) | Respond | Login to Vote up | Login to Vote down |
||||
They have not been approved or issued by Interactive Investor Trading Limited.
Discussion Board Terms & Conditions FSA Market Abuse Fact Sheet
More...