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Share Name | Share Symbol | Market | Stock Type |
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Alent | ALNT | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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502.50 |
Top Posts |
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Posted at 16/7/2015 09:08 by rabbar "I guess the extent of the takeover timeframe is perhaps an issue for some investors, waiting quite a while for the extra 3% plus any divi."Interim dividend has been cancelled and if I read it correctly a one off final dividend will be paid instead, so as you say timescales is quite long probably at least 6 months to completion. |
Posted at 16/7/2015 07:30 by woodcutter I guess the extent of the takeover timeframe is perhaps an issue for some investors, waiting quite a while for the extra 3% plus any divi. Taking the money now and reinvesting it might provide a better return. I've quite a sizeable holding so it's worth the wait provided it happens, which i figure, like you, is more likely than not.woody |
Posted at 13/7/2015 19:50 by wipo1 Red thanks for the reply mate. I like elm not too sure about mgam I would rather buy more vsvs at current prices.Good luck whatever you decide to do with the funds from alnt. |
Posted at 13/7/2015 06:31 by woodcutter recommended offer at 503p. for a while i've felt ALNT was significantly undervalued in the main due to it's strong presence in it's market sectors. I've been adding at the recent lows and at previous trend support lows, nice to see a plan come to fruition.free stock charts from uk.advfn.com woody |
Posted at 02/10/2014 09:09 by rabbar Nobbyx I suggest you read this document which states:A special dividend alongside a consolidation will be deemed ex-entitlement to the dividend on the effective date when dealings in the consolidated shares begin. The record date for the dividend and consolidation should normally be the business day prior to the effective date. These are the rules and it is also stated in the as I showed before (as below) which is an official document checked by lawyers brokers and registrars (sorry if they didn't consult you). EXPECTED TIMETABLE 2014 Date of publication of this Circular Wednesday 27 August Ordinary Shares marked ex-Existing Interim Dividend Wednesday 24 September Latest time and date for receipt of Forms of Proxy 2.30 p.m. on Wednesday 24 September Deadline for receipt of Alent Dividend Reinvestment Plan instructions 5.00 p.m. on Friday 26 September Record date for the Existing Interim Dividend Friday 26 September General Meeting 2.30 p.m. on Friday 26 September Cancellation of trading of Existing Ordinary Shares 4.30 p.m. on Friday 26 September Shareholder Record Date for the Special Dividend and for the Share Consolidation 6.00 p.m. on Friday 26 September Commencement of dealings in New Ordinary Shares 8.00 a.m. on Monday 29 September Ordinary Shares marked ex-Special Dividend Monday 29 September CREST accounts credited with New Ordinary Shares Monday 29 September Despatch of cheques for fractional entitlements and certificates for New Ordinary Shares; CREST accounts credited with the value of fractional entitlements Wednesday 8 October Payment of the Existing Interim Dividend to Shareholders Friday 17 October Payment of the Special Dividend to Shareholders Friday 17 October -------------------- Q&A From Ex-dividend Frequently Asked Questions What does ex-dividend mean? When a stock is classed as ex-dividend it means that if you were to buy shares you would not be entitled to the forthcoming dividend payment. When is the latest time I can buy shares and still qualify for the dividend? In order to qualify for the dividend you must have bought shares before the close of business on the day preceding the ex date. How soon can I sell shares and still qualify for the dividend? You can sell the shares as soon as the market opens on day they go ex. Usually they will already be marked down to reflect the ex-dividend status. What if I have bought on an extended settlement, such as a T+20? The settlement date is irrelevant; your ownership is based on the contract date. What's the record date and why isn't it the same as the ex-dividend date? Don't worry about the record date. It's an administrative date, usually two days after the ex-dividend date (after 6 Oct 2014, one day). Are ex-dividend dates always Wednesdays? Mostly, but not always. After 6 Oct 2014 they'll usually be Thursdays. There are occasionally circumstances where the ex-dividend day is different. These can occur when there is some other corporate action, such as a consolidation. They are basically there to catch you out and can be excellent trading opportunities, provided you're convinced you've got it right and the market has got it wrong! What about tax? Normally the dividends on UK shares are quoted and paid net of basic rate tax. If you pay tax at a higher rate you will have to pay the difference through your tax return. What about CFD positions? If you hold a CFD position you will not receive dividends as such. However, an adjustment will be made to your account on the ex-dividend date to reflect the share price movement due to the dividend payment. Typically you will receive a 100% credit on long positions and a 100% debit on short positions of the net dividend value. Terms may vary between CFD providers. Note that this is not classed as dividend income by the Inland Revenue but as a capital adjustment to your CFD position. This means you are potentially liable to capital gains tax on the dividend adjustment - something worth bearing in mind if you plan to scalp dividends through CFDs. What about spread bet positions? Adjustments are made in lieu of dividends in the same way as CFD positions. However, there are no tax issues to consider as spread bets are free of tax. Are there any dividend adjustments if I trade the FTSE indices? Yes, if you trade the FTSE indices there will normally be an adjustment made to your account to reflect the effect of companies which have gone ex-dividend. Terms may vary between providers. You crack on If you want to believe otherwise. |
Posted at 01/10/2014 05:20 by rabbar Nobbyx why can't you just admit you're wrong. If the EGM on 26th had nothing to do with the special dividend why does the RNS for the meeting say the following indicating this was tied to the share consolidation:-Special Dividend and Share Consolidation: General Meeting Circular On 4 August 2014, Alent plc ("Alent") confirmed its intention to declare a special dividend of approximately GBP42 million, accompanied by a share consolidation. Alent has today submitted copies of the following documents to the National Storage Mechanism: Special Dividend Subject to Shareholder approval of the Share Consolidation at the GM, the Board proposes the payment of a Special Dividend of 15.0 pence per Existing Ordinary Share. Payment would be made to Shareholders who are on the Register at 6.00 p.m. on Friday 26 September. The Special Dividend is expected to be paid to Shareholders on Friday 17 October 2014 and is in addition to the Existing Interim Dividend Alent plans to pay to shareholders on the same date. |
Posted at 30/9/2014 21:21 by nobbyx Rabbar, the Directors intention to pay both the Interim Ordinary dividend of 3P and a Special Dividend of 15P were announced to the market in the Interim Results Statement of 4th August. The Statement said,"The interim dividend is to be paid on 17 October 2014 to shareholders on the register of members at close of business on 26 September 2014." Surely anyone investing in Ordinary shares must realise shares go XD 2 days before 'Record Day'. Please note: the decision to pay these dividends was within the normal remit of the Directors and did not require approval at a General Meeting. There was nothing about the payment of these dividends in the last AGM. (As normal there was a resolution in the AGM to approve a Final Dividend for the last Financial Year but that's got nothing to do with these Interim and Special Dividends). The holding of General Meeting held on September 26th was announced in a 'Notice of EGM' on August 27th. A vote was required to approve the consolidation because this will alter the number of shares in issue. There was also a motion to give the Directors authorisation to repurchase shares. There was no motion to approve the Special Dividend. If you could explain in specific terms what opportunities for unfairness or manipulation you are concerned about I for one would be obliged to you. If it's a case that you didn't understand the process and got your dates mixed up that's unfortunate. Hard luck. |
Posted at 30/9/2014 15:34 by nobbyx Rabbar, your post 311 above re the Special Dividend states:'Shareholder Record Date for the 6.00 p.m. on Friday 26 September Special Dividend and for the Share Consolidation'. The Record Date for the special dividend was Sept 26th. XD for the Special Dividend was Sept 24th. I've no idea what 'Ordinary Shares marked ex-Special Monday 29 September Dividend' means. It may just be a roundabout way of reminding shareholders that the Special Dividend was 15p a share per 'Old' share held, not 15p per 'New' share held after yesterday's consolidation. The important thing is that the shares went XD on the 24th. You can check this for yourself by clicking on the 'Financials' tab at the top of this page and scrolling down to 'Alent Dividends'. Anyone who held the shares prior to the XD date will receive the special dividend. Anyone who bought after that date will not. The vote at the General Meeting on the 26th was approve the paying of the Special Dividend payment and consolidation. It did not affect which shareholders were to receive this dividend. Those were the holders of the shares prior to them going XD on the 24th. |
Posted at 30/9/2014 14:46 by rabbar nobbyx from what you say and from what Hargreaves Lansdown has stated together with the published timetable it looks like this is true for the dividend but not the special dividend as it has en ex-dividend date of monday 29th. See below or RNS.Expected Timetable 2014 Date of publication of the Circular Wednesday 27 August Ordinary Shares marked ex-Existing Wednesday 24 September Interim Dividend Latest time and date for receipt 2.30 p.m. on Wednesday 24 September of Forms of Proxy Deadline for receipt of Alent 5.00 p.m. on Friday 26 September Dividend Reinvestment Plan instructions Record date for the Existing Friday 26 September Interim Dividend General Meeting 2.30 p.m. on Friday 26 September Cancellation of trading of Existing 4.30 p.m. on Friday 26 September Ordinary Shares Shareholder Record Date for the 6.00 p.m. on Friday 26 September Special Dividend and for the Share Consolidation Commencement of dealings in New 8.00 a.m. on Monday 29 September Ordinary Shares Ordinary Shares marked ex-Special Monday 29 September Dividend CREST accounts credited with Monday 29 September New Ordinary Shares Despatch of cheques for fractional Wednesday 8 October entitlements and certificates for New Ordinary Shares; CREST accounts credited with the value of fractional entitlements Payment of the Existing Interim Friday 17 October Dividend to Shareholders Payment of the Special Dividend Friday 17 October to Shareholders |
Posted at 04/8/2014 08:32 by robertfaulkner Special dividend of 15p to be paid 17th Oct (Ex Div 6th Sep) plus normal 3p interim (same dates) and they want to do a share consolidation???????Why when shares are 340p ish, they are not penny shares. Do they want them at £5 to £6 each so they can then do a Rights Issue soon afterwards????????? Yield this year 7% (with special div at today's SP) 8. DIVIDENDS The final dividend for the year ended 31 December 2013 of GBP15.9m (year ended 31 December 2012: GBP15.3m), equivalent to 5.71 pence (year ended 31 December 2012: 5.5 pence) per ordinary share, was paid on 19 June 2014. The Board has declared an interim dividend of 3.0 pence (2013: 2.89 pence) per ordinary share in respect of the year ending 31 December 2014. The interim dividend will be paid on 17 October 2014 to ordinary shareholders on the register of members at close of business on 26 September 2014. Based upon the number of ordinary shares in issue at 30 June 2014, the total cost of the dividend would be GBP8.4m. SPECIAL DIVIDEND The Board has also approved a special dividend to shareholders of 15.0 pence per share, which represents a total payment of approximately GBP42 million. The special dividend will be accompanied by a share consolidation, which is subject to shareholder approval at a general meeting. The special dividend is to be paid on 17 October 2014 to shareholders on the register of members at close of business on 26 September 2014. Full details of the proposals will be provided to shareholders in a circular to be issued in due course |
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