Special dividend

ECN Capital Announces Completion of the Sale of its Service Finance Business and Distribution to Shareholders

Retrieved on: 
Monday, December 6, 2021
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The closing of the Service Finance transaction marks a key milestone for ECN, said Steven Hudson, CEO of ECN Capital Corp.

Key Points: 
  • The closing of the Service Finance transaction marks a key milestone for ECN, said Steven Hudson, CEO of ECN Capital Corp.
  • I want to thank all of the team members at Service Finance for their remarkable accomplishments.
  • In connection with the closing of the Service Finance Sale, the board of directors of the Company (the Board) today declared a distribution to the holders of common shares of the Company (the Common Shares) of the net proceeds received from the Service Finance Sale, amounting to a distribution of C$7.50 per Common Share (the Distribution).
  • ECN Capital originates, manages and advises on credit assets on behalf of its Partners, specifically secured loan portfolios and credit card portfolios.

Dispatch of Supplemental Share Plan Letters

Retrieved on: 
Friday, December 3, 2021
Judgement, Goldman Sachs, Disclosure, Final, Company, Form, Telephone, Open position, London Stock Exchange, FCA, Prudential Regulation Authority (United Kingdom), Originality, Credit Suisse International v Stichting Vestia Groep, J.P. Morgan & Co., United Kingdom, Email, Code, Prudential regulation, Sale, Trustee, Financial Conduct Authority, RCL, Panel, Credit Suisse, London, Special dividend, Person, Final Offer, Document, PRA, SEC, IFRS, U.S. Securities and Exchange Commission, Internet, DMGT, Financial adviser, Security (finance), Property management

The Final Offer will be effected solely through the Final Offer Document which contains the full terms and conditions of the Final Offer.

Key Points: 
  • The Final Offer will be effected solely through the Final Offer Document which contains the full terms and conditions of the Final Offer.
  • Any decision in respect of, or other response to, the Final Offer should be made only on the basis of the information contained in the Final Offer Document.
  • Each DMGT A Shareholder is urged to consult its independent professional adviser immediately regarding the tax consequences of the Final Offer applicable to them.
  • It also may not be possible to compel a non-US company or its affiliates to subject themselves to a US court's judgment.

Dispatch of Share Plan Letters

Retrieved on: 
Monday, November 8, 2021
Goldman Sachs, Open position, Form, Prudential Regulation Authority (United Kingdom), Prudential regulation, Person, Sale, Code, Panel, Credit Suisse, Financial Conduct Authority, J.P. Morgan & Co., Telephone, IFRS, Document, DMGT, Judgement, London Stock Exchange, London, Internet, Company, Disclosure, PRA, U.S. Securities and Exchange Commission, Special dividend, SEC, Trustee, RCL, FCA, United Kingdom, Email, Credit Suisse International v Stichting Vestia Groep, Financial adviser, Security (finance), Property management

The Offer will be effected solely through the Offer Document which contains the full terms and conditions of the Offer.

Key Points: 
  • The Offer will be effected solely through the Offer Document which contains the full terms and conditions of the Offer.
  • Any decision in respect of, or other response to, the Offer should be made only on the basis of the information contained in the Offer Document.
  • Each DMGT A Shareholder is urged to consult its independent professional adviser immediately regarding the tax consequences of the Offer applicable to them.
  • It also may not be possible to compel a non-US company or its affiliates to subject themselves to a US court's judgment.

Publication of Offer Document

Retrieved on: 
Monday, November 8, 2021
Goldman Sachs, Open position, Form, Prudential Regulation Authority (United Kingdom), Prudential regulation, Person, Sale, Code, Panel, Credit Suisse, Financial Conduct Authority, J.P. Morgan & Co., Telephone, DMGT, Judgement, London Stock Exchange, London, Internet, Company, PRA, Special dividend, U.S. Securities and Exchange Commission, Trustee, RCL, FCA, Disclosure, United Kingdom, Email, Credit Suisse International v Stichting Vestia Groep, Financial adviser, Security (finance), Property management

The Offer will be effected solely through the Offer Document which contains the full terms and conditions of the Offer.

Key Points: 
  • The Offer will be effected solely through the Offer Document which contains the full terms and conditions of the Offer.
  • Any decision in respect of, or other response to, the Offer should be made only on the basis of the information contained in the Offer Document.
  • Neither the US Securities and Exchange Commission nor any US state securities commission has approved or disapproved this Offer, or passed upon the adequacy or completeness of the Offer Document.
  • The Offer Document further sets forth certain US federal income tax consequences of the Offer and the receipt of the Special Dividend under current US law.

Publication of Offer Document

Retrieved on: 
Saturday, November 6, 2021
Goldman Sachs, Open position, Form, Prudential Regulation Authority (United Kingdom), Prudential regulation, Person, Sale, Code, Panel, Credit Suisse, Financial Conduct Authority, J.P. Morgan & Co., Telephone, IFRS, Document, DMGT, Judgement, London Stock Exchange, London, Internet, Company, Disclosure, PRA, U.S. Securities and Exchange Commission, Special dividend, SEC, RCL, Trustee, FCA, United Kingdom, Email, Credit Suisse International v Stichting Vestia Groep, Financial adviser, Security (finance), Property management

The Offer will be effected solely through the Offer Document which contains the full terms and conditions of the Offer.

Key Points: 
  • The Offer will be effected solely through the Offer Document which contains the full terms and conditions of the Offer.
  • Any decision in respect of, or other response to, the Offer should be made only on the basis of the information contained in the Offer Document.
  • Neither the US Securities and Exchange Commission nor any US state securities commission has approved or disapproved this Offer, or passed upon the adequacy or completeness of the Offer Document.
  • The Offer Document further sets forth certain US federal income tax consequences of the Offer and the receipt of the Special Dividend under current US law.

Directorate change

Retrieved on: 
Wednesday, November 3, 2021
RMS, New Year, Health, AGM, Happiness, DMGT, Group, The, Board, Corporate action, Special dividend, Management

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • DMGT today announces that, unconnected with the Reorganisation, Tim Collier, Executive Director and Group CFO, has decided to step down as an Executive Director and Group CFO of DMGT.
  • During his time here he has played a vital role in executing the Group's strategy and transforming the portfolio.
  • We will miss him terribly but wish him the best of health and happiness in the future."

Response to media speculation

Retrieved on: 
Tuesday, November 2, 2021
Special dividend, MAR, DMGT, RCL, Group, Corporate action, Panel on Takeovers and Mergers, Australian Takeovers Panel, Insurance, Trustee, Intention, Sale, Security (finance)

DMGT notes the press reports this morning regarding the possible offer by Rothermere Continuation Limited (RCL) for DMGT.

Key Points: 
  • DMGT notes the press reports this morning regarding the possible offer by Rothermere Continuation Limited (RCL) for DMGT.
  • DMGT confirms that DMGT and RCL are close to agreeing a deal with the trustees of DMGT's three pension schemes.
  • This announcement does not amount to an announcement of a firm intention by RCL to make an offer for the DMGT Shares.
  • There can be no certainty that an offer will be made even if the pre-conditions are satisfied or waived.

VMware Announces Record Date for Conditional Special Dividend

Retrieved on: 
Tuesday, October 19, 2021
Data Management, Security, Technology, Telecommunications, Mobile, Wireless, Software, Networks, Internal Revenue Code, Date, IRS, Risk, Private Securities Litigation Reform Act, COVID-19, Capital gain, NYSE, U.S. Securities and Exchange Commission, Special dividend, Cyberattack, Security (finance), Separation, Spin, Shareholder, Failure, Form 10-K, Review, Internal Revenue Service, Intermediary, Internal Revenue Code section 355, Solution, Marketing, Distribution, New, Dell, Cryptocurrency, Holding company

VMware Inc. (NYSE:VMW) (VMware), a leading innovator in enterprise software, today announced that October 29, 2021 has been set as the record date (the Record Date) for VMwares $11.5 billion, conditional special dividend payable pro-rata to all VMware stockholders (the Special Dividend).

Key Points: 
  • VMware Inc. (NYSE:VMW) (VMware), a leading innovator in enterprise software, today announced that October 29, 2021 has been set as the record date (the Record Date) for VMwares $11.5 billion, conditional special dividend payable pro-rata to all VMware stockholders (the Special Dividend).
  • The Special Dividend will be payable pro-rata to all VMware stockholders of record as of the close of business on the Record Date.
  • VMware will announce the per share dividend amount following the end of trading on the New York Stock Exchange on the Record Date.
  • The payment date for the Special Dividend will be November 1, 2021 (the Payment Date), subject to satisfaction of the closing conditions.

Travis Perkins plc - Satisfaction of P&H Disposal Condition, Commencement of Share Buy-Back Programme and Payment of Special Dividend

Retrieved on: 
Tuesday, September 21, 2021
DRIP, Special dividend, Intention, Initial, Commencement, Board, AGM, Company, Perkins, H.I.G. Capital, Share repurchase, Payment, Travis Perkins, Marketing, Ridesharing company, Holding company

Travis Perkins plc - Satisfaction of P&H Disposal Condition, Commencement of Share Buy-Back Programme and Payment of Special Dividend

Key Points: 
  • Travis Perkins plc - Satisfaction of P&H Disposal Condition, Commencement of Share Buy-Back Programme and Payment of Special Dividend
    Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • Satisfaction of P&H Disposal Condition,
    On 20 May 2021, Travis Perkins plc ("Travis Perkins" or the "Company") announced the disposal of its Plumbing & Heating distribution business to an affiliate of H.I.G.
  • Travis Perkins will distribute the net proceeds of the P&H Disposal to shareholders through a combination of a special dividend and a share buyback programme.
  • Travis Perkins will pay a special dividend of approximately 79m in aggregate, representing 35 pence per ordinary share (the "Special Dividend").

Completion of sale of RMS

Retrieved on: 
Wednesday, September 15, 2021
Corporate action, Trustee, Special dividend, RCL, DMGT, Group, News, Life insurance

DMGT manages a portfolio of companies that provide businesses and consumers with compelling information, analysis, insight, events, news and entertainment.

Key Points: 
  • DMGT manages a portfolio of companies that provide businesses and consumers with compelling information, analysis, insight, events, news and entertainment.
  • The Group takes a long-term approach to investment and has market-leading positions in consumer media, property information and events & exhibitions.
  • In total, DMGT generates revenues of around 1bn.
  • The terms used under this note 1 have the definitions assigned to them under the Reorganisation Announcement.