ARM Holdings Share Discussion Threads

[sbs] 19/9/2016 10:32

Similar here. Bought Acorn at 18p/share. Now I need to work out the equivalent ARM price for CGT.

Britain's biggest export: technology companies!

[eldermon] 18/9/2016 23:39

Similar story with me, I bought into Acorn in a couple of tranches around 1996 and ended up with a near 40 bagger.

[tonsil] 17/9/2016 12:11

Really not got mine yet. I bought £500 of Acorn in 1993/4. It turned into £40,000 over time. Thanks ARM. Next one is IQE.

[togglebrush] 17/9/2016 11:16

eldermon... Thanks for the alert wasn't expecting it so soon ... in my account ... adios ARM

[eldermon] 17/9/2016 09:55

Takeover cheque received today, end of an era

[eldermon] 15/9/2016 08:02

Yeah got mine in the post yesterday.

[togglebrush] 15/9/2016 07:31

FWIW
Dividend NOW in my account

[steptoes yard] 12/9/2016 09:06

Never to be forgotten. RIP at SoftBank. Now send me the 17 quid please.

[eldermon] 12/9/2016 08:20

Bye bye ARM now gone from ADVFN

[dafrog] 05/9/2016 06:50

Too right ygor.

[ygor706] 04/9/2016 16:59

I think that the comments made by the Japanese Government at the G20 meeting make interesting reading in the context of the ARM takeover. How can any credibility now be attached to any undertakings given by Japanese companies re uk job protection after such a statement. If I were in Government I would be looking very closely at this acquisition.

[gengulphus] 02/9/2016 19:58

Just to be clear:

* It became impossible to trade shares normally on the market when it closed at 4:30 pm this afternoon, and impossible to trade them at all on the market when dealings were suspended at 6 pm.

* The "Effective Date of the Scheme" is expected to be Monday: that's the date that you actually actually cease to own the shares and start to own the cash instead.

* Delisting (i.e. cancellation of the listing of the shares) is expected to be on Tuesday. I believe this is basically just a formality that is needed when a share leaves the market and doesn't affect what you own or what you can do, but might well affect information supplied by market systems and hence things like broker portfolio listings.

* Payment of the outstanding interim dividend is expected by Monday 12th.

* Actual payment of the £17/share takeover proceeds is expected by Monday 19th.

Broker systems vary about how smoothly they handle such situations. In particular, I've known shares subject to other scheme-of-arrangement takeover disappear from broker portfolio listings quite a few days before the payment for them appears. Don't be too alarmed if that happens!

Gengulphus

[farmergeorge] 02/9/2016 16:44

Ok, thanks for that, appreciated. I've not received anything - will chase-up.

[getscenic] 02/9/2016 16:35

Farmergeorge.

It's a cash deal, you get cash when shares delist. Your broker should have sent you all the relevant info.

[togglebrush] 02/9/2016 16:17

Record date for the Dividend 6.00 p.m. on 2 September 2016
Suspension of dealings in and disablement in CREST of ARM Shares 6.00 p.m. on 2 September 2016
‘
Effective Date of the Scheme 5 September 2016
'
Cancellation of listing of ARM Shares 8.00 a.m. on 6 September 2016
‘
Payment date for the Dividend Within 7 Business Days of the Effective Date
Latest date for dispatch of cheques/settlement through CREST Within 14 days of the Effective Date
'
Extract from RNS EXPECTED TIMETABLE OF PRINCIPAL EVENTS on 3rd August
E and O excepted

[farmergeorge] 02/9/2016 16:04

Yes, but what happens to existing holdings - where are they listed?

[getscenic] 02/9/2016 15:40

They have been bought out by Softbank. The listing will cease end of next week. You will have to by shares in Softbank if you wan a piece of ARM! Please read the RNS's above for details

[farmergeorge] 02/9/2016 13:44

Where will ARM be listed?

[montyhedge] 02/9/2016 11:53

Who will take Arms place in FTSE 100 when they delist?

[dafrog] 02/9/2016 11:51

Appalling handing over such an important and successful company to foreigners.

[sea and sky] 02/9/2016 11:32

Lets hope Arm doesn't become a Cadbury's - quite sad really, despite the cash we have made.

[l.parker] 02/9/2016 09:14

I,m glad I took my winnings on July 18.