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TLNT Telent

596.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Telent TLNT London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 596.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
596.00 596.00
more quote information »

Telent TLNT Dividends History

No dividends issued between 27 Apr 2014 and 27 Apr 2024

Top Dividend Posts

Top Posts
Posted at 18/1/2010 14:51 by wstirrup
So what happened to TLNT?

did the deal go ahead?
Posted at 24/10/2007 21:43 by weatherman
TLNT board are recommending acceptance of the deal.
Posted at 09/6/2007 21:37 by mmeredith
Over the past week weatherman i think it has proved just that and been some decent size x trades going through thursday and friday as well. Always amazes me with TLNT how few retail investors deal in it and really does seem to be one for the preserve of city institutions.
Posted at 06/6/2007 16:34 by weatherman
I would have thought that at these levels in volatile TLNT would be a defensive stock.
Posted at 25/5/2006 20:05 by charlie
The announcement of the offer says

"The Possible Offer price of 529.5 pence per telent Share would represent a premium of....approximately 23 per cent. over the average closing price of 430.5 pence per telent Share since telent announced the disposal of its equipment and international services businesses to Ericsson on 25 October 2005. "

This is misleading.

After the 275p dividend, xd Friday 24 March, the shares were consolidated 2-for-7.

Price on 24 March = 408.5p
Fair price on 27 March = (408.5 - 275) x 7/2 = 467p, that's 48.5p higher/

25 Oct 2005 - 24 March 2006 = 5 months
25 March 2006 - 25 May 2006 = 2 months

Therfore adjusted average price since 25 Oct 2005 = 430 + 48.5 x 5/7 = 465p.

And adjusted offer premium = 529.5/465 = 14%, not 23% as quoted.
Posted at 16/5/2006 12:08 by graham99114
Got out of TLNT a while ago - now looking / waiting to get back in

Hope to get in before the next major contract announcement which I expect in less than 3 months from now - watch this space !!
Posted at 27/3/2006 12:02 by hamsterape
Ex-special div as of today.



Telent PLC
17 March 2006


telent plc

Press enquiries:
David Beck tel: + 44 (0)20 7306 1490; email: david.beck@telent.com

Investor and Analyst enquiries:
Salim Alam tel: +44 (0)20 7306 1324; email: salim.alam@telent.com


Payment of special dividend and related share consolidation

17 March 2006 - The Board of telent plc ('telent' LSE: TLNT) announces that it
has declared a special dividend of 275 pence per ordinary share as anticipated
at the time of the announcement of the sale of the Marconi telecommunications
equipment and international services business to Ericsson on 25 October 2005.
The dividend will be paid to holders on the share register at close of business
on Friday 24 March 2006. The Company's shares will trade ex-dividend from Monday
27 March. Dividend cheques representing, in aggregate, a return of £590 million
to shareholders will be dispatched on Friday 31 March.

As announced at the time of the transaction with Ericsson, and already approved
by shareholders at an Extraordinary General Meeting on 21 December 2005, the
Company's shares will also be consolidated in a ratio of 2 for 7 prior to the
start of trading on Monday 27 March 2006. From this date, share certificates
relating to the existing shares of telent will cease to be valid. No temporary
documents of title will be issued. CREST accounts will be adjusted to reflect
entitlements to the new shares on Monday 27 March and new share certificates
reflecting the consolidation will be dispatched with the dividend cheques on
Friday 31 March. Shareholders' fractional entitlements to shares will be sold in
the market and the proceeds incorporated into shareholders' dividend cheques.

Prior to the dividend being paid £185 million will be paid into the GEC 1972
Pension Plan and a further £490 million will be put into an escrow account for
the potential benefit of the Plan.

Trading in the final three months of the year has been satisfactory, with the
key Airwave contract win demonstrating the strength of telent's service
offering. We anticipate providing further detail on telent's business through a
detailed presentation at the time of the announcement of our preliminary results
for the year ended 31 March 2006, on or about 18 May 2006. As at the close of
business on Thursday 16 March 2006 the Company had 214,566,300 Ordinary Shares
of 25p each in issue.

ENDS/..
Posted at 20/3/2006 09:57 by hamsterape
Do you mean does it come with a tax credit? Therefore is it deemed that non-higher-rate tax payers have already paid the tax so that the 275p is only further taxable if you are a higher-rate tax payer?


Not sure about that one but you could ask on the WH Smith board. Didn't they get a special dividend last year?
Posted at 17/3/2006 14:13 by venture2
hi,ref dividend of 2.75,whats the tax position,ie is it net or gross
Posted at 26/1/2006 00:03 by graham99114
hamster - cant work out how to rename the header
jarbie - I understood it to be 1:1 moni for TLNT
followed by a 7:2 consolidation at a later date (with the 2.75 cashback)
I actually bought TLNT shares today (25th) so it would appear MONI no longer exists

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