Sant Uk.10te% Discussion Threads

[stansmith1] 11/1/2023 10:36

Last I heard 60% of these have been repurchased, so they can more or less do what they want with them - especially if prices fall ?

[return_of_the_apeman] 05/1/2023 12:30

That's great, I'll have another read

Thanks for your help

[hindsight] 05/1/2023 11:03

Sorry maybe work now with the /. It states some terms in there, think its weak like most prefs bar NWDB.

[return_of_the_apeman] 05/1/2023 10:45

Thanks hindsight, unfortunately your link is broken, I did read the AOA from somewhere else yesterday, however the agm resolutions are later so would take precident imho

I am probably worrying unessarily, at some point I will find out and hopefully the price will still be favorable then :-)

[hindsight] 05/1/2023 10:31

Think this is the AoA

san_uk_rfb_articles_of_association.pdf

[langland] 05/1/2023 10:17

Phew!....Thanks for checking.

[return_of_the_apeman] 05/1/2023 10:12

It was a buyback - apologies I have read a bit further and can see even if it got passed it was only valid until the next agm

Thanks for replying langland

[langland] 05/1/2023 10:01

Was this just a resolution to buyback shares as opposed to a redemption? 2 different things. If there were a serious risk of forced redemption, it is difficult to believe the shares could have traded as high at 185 in Sept 2021.

[return_of_the_apeman] 05/1/2023 09:53

Does anyone remember or have a copy of the result if the 2015 AGM?

Looks to me like this was the 2nd year in a row they tried to pass a special resolution to allow at any future time an option to buyback the prefs at any amount between 75% to 125% of face value

Would just shareholders of the prefs get to vote if the company made an offer? I would not like to take a 25% haircut

The link to the national database does not work for me, the link below is as far as I can get

[my retirement fund] 04/1/2023 14:11

looking very attractive now approx 3p divi baked in to about 7.7% asking that into account

[cwa1] 11/10/2021 15:29

Anyone else not had their SAN dividend in iWeb? Had it everywhere else. Cheers

[nerja] 04/3/2021 08:20

Phew , had kittens, thought ex div was next week

[cwa1] 03/3/2021 07:31

XD is tomorrow, 4/3

[kenny] 02/3/2021 17:01

Presumably ex-div dates have moved to the first Thursday in March and September?

[cwa1] 03/9/2020 08:10

XD today, pay day 6/10

[cwa1] 08/4/2020 10:48

Morning

Anyone else with iWeb NOT had their SAN payment yet?

Not especially concerned as they are always the slowest of my brokers to pay, but would be concerned if others had had theirs and mine wasn't in!

Cheers

[my retirement fund] 06/4/2020 14:19

Dividend paid today so no issues here!

[my retirement fund] 26/3/2020 13:56

Well I've just taken a slug at 8% annual return was too tempting

[kenny] 05/3/2020 12:12

I know it has ex-div this morning but it is looking a bit cheap now, in view of previous fall and interest rates falling to 1% - and probably lower in the next few months.

[cwa1] 08/4/2019 14:59

Yes, mine in too.

[kirkie001] 08/4/2019 14:32

I've got mine....

[nerja] 08/4/2019 14:12

Anybody know when the divi is paid on this? TIA

[holts] 04/7/2018 19:58

Delayed reply

hxxp://www.aboutsantander.co.uk/documents/GBP-200000000-10-0625-per-cent-Exchangeable-Capital-Securities-exchangeable-into-GBP-200000000-10-375-per-cent-Non-Cumulative-Sterling-Preference-Shares.pdf

[my retirement fund] 19/3/2018 14:36

Does anyone have the prospectus link ?