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Rolls Royce C Share Entitlement Jul 2019 Entitlement **Not Tradeable**

Sell:0.100000p Buy:0.100000p Change: No change
Market closed |  Prices as at close on 24 April 2019 | Switch to live prices |
Miscellaneous

Rolls Royce C Share Entitlement Jul 2019 Entitlement **Not Tradeable**

Type:
Miscellaneous
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 10 May 2019)

What is happening?

 

Rolls Royce has announced that it will be making an issue of C Shares to Shareholders as part of the renewed dividend procedure. Under the terms of the proposal, instead of receiving a dividend, Shareholders will receive 71 C Shares for each Rolls Royce Ordinary Share held at the close of business on 24 April 2019. As a holder of Rolls Royce Ordinary Shares within your account at close of business on 24 April 2019 you qualify to participate in the issue and have a number of options to consider.

 

What are my choices?

 

You now have 3 options to consider and these are explained below in more detail.

 

Option 1: You can elect to receive cash in lieu of your C Shares. Should you elect to redeem your holding of C Shares you would receive cash at a rate of 0.1p per C Share. Please note that unless you have previously given an ongoing election to receive Ordinary Shares, this cash option is our default option so you need take no further action. Cash proceeds will be credited to your account on or around 4 July 2019.

 

Option 2: You can elect to receive Rolls Royce Holdings Ordinary Shares in lieu of your C Shares. You may participate in the C Share Reinvestment Plan whereby your C Shares are redeemed for cash, as in Option 1 above, and the proceeds used to purchase Ordinary Shares through a special dealing arrangement administered by the Share Registrar. You can also make this an ongoing election for all future C Share issues if you'd like.

 

Option 3: You can elect to retain the C Shares. You may retain the C Shares and we will inform you of any future redemption or conversion opportunities in due course.

 

Please note that if you elect to retain your C Shares and you currently hold them within a Stocks and Shares ISA you will, under HMRC Regulations, have to remove the C Shares from your ISA within 30 days of receipt. Any election to retain C Shares given within a Junior ISA or a Lifetime ISA will be invalid.

 

When do I have to decide by?

 

Any instruction must be received in this office by noon on Thursday 30 May 2019. If no instruction is received you will receive cash in lieu of C Shares (Option 1) unless you have previously given an instruction to always receive Ordinary Shares,

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above. Please note, if you have previously given an election to receive Ordinary Shares for all C Share Issues you will not receive a letter and will automatically receive Ordinary Shares without the need to make a further election.

 

×
Sell:0.100000p
Buy:0.100000p
Change: No change
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
Market closed |  Prices as at close on 24 April 2019 | Switch to live prices |
Miscellaneous

Rolls Royce C Share Entitlement Jul 2019 Entitlement **Not Tradeable**

Type:
Miscellaneous
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 10 May 2019)

What is happening?

 

Rolls Royce has announced that it will be making an issue of C Shares to Shareholders as part of the renewed dividend procedure. Under the terms of the proposal, instead of receiving a dividend, Shareholders will receive 71 C Shares for each Rolls Royce Ordinary Share held at the close of business on 24 April 2019. As a holder of Rolls Royce Ordinary Shares within your account at close of business on 24 April 2019 you qualify to participate in the issue and have a number of options to consider.

 

What are my choices?

 

You now have 3 options to consider and these are explained below in more detail.

 

Option 1: You can elect to receive cash in lieu of your C Shares. Should you elect to redeem your holding of C Shares you would receive cash at a rate of 0.1p per C Share. Please note that unless you have previously given an ongoing election to receive Ordinary Shares, this cash option is our default option so you need take no further action. Cash proceeds will be credited to your account on or around 4 July 2019.

 

Option 2: You can elect to receive Rolls Royce Holdings Ordinary Shares in lieu of your C Shares. You may participate in the C Share Reinvestment Plan whereby your C Shares are redeemed for cash, as in Option 1 above, and the proceeds used to purchase Ordinary Shares through a special dealing arrangement administered by the Share Registrar. You can also make this an ongoing election for all future C Share issues if you'd like.

 

Option 3: You can elect to retain the C Shares. You may retain the C Shares and we will inform you of any future redemption or conversion opportunities in due course.

 

Please note that if you elect to retain your C Shares and you currently hold them within a Stocks and Shares ISA you will, under HMRC Regulations, have to remove the C Shares from your ISA within 30 days of receipt. Any election to retain C Shares given within a Junior ISA or a Lifetime ISA will be invalid.

 

When do I have to decide by?

 

Any instruction must be received in this office by noon on Thursday 30 May 2019. If no instruction is received you will receive cash in lieu of C Shares (Option 1) unless you have previously given an instruction to always receive Ordinary Shares,

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above. Please note, if you have previously given an election to receive Ordinary Shares for all C Share Issues you will not receive a letter and will automatically receive Ordinary Shares without the need to make a further election.

 

×
Sell:0.100000p
Buy:0.100000p
Change: No change
Market closed |  Prices as at close on 24 April 2019 | Switch to live prices |
Miscellaneous

Rolls Royce C Share Entitlement Jul 2019 Entitlement **Not Tradeable**

Type:
Miscellaneous
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 10 May 2019)

What is happening?

 

Rolls Royce has announced that it will be making an issue of C Shares to Shareholders as part of the renewed dividend procedure. Under the terms of the proposal, instead of receiving a dividend, Shareholders will receive 71 C Shares for each Rolls Royce Ordinary Share held at the close of business on 24 April 2019. As a holder of Rolls Royce Ordinary Shares within your account at close of business on 24 April 2019 you qualify to participate in the issue and have a number of options to consider.

 

What are my choices?

 

You now have 3 options to consider and these are explained below in more detail.

 

Option 1: You can elect to receive cash in lieu of your C Shares. Should you elect to redeem your holding of C Shares you would receive cash at a rate of 0.1p per C Share. Please note that unless you have previously given an ongoing election to receive Ordinary Shares, this cash option is our default option so you need take no further action. Cash proceeds will be credited to your account on or around 4 July 2019.

 

Option 2: You can elect to receive Rolls Royce Holdings Ordinary Shares in lieu of your C Shares. You may participate in the C Share Reinvestment Plan whereby your C Shares are redeemed for cash, as in Option 1 above, and the proceeds used to purchase Ordinary Shares through a special dealing arrangement administered by the Share Registrar. You can also make this an ongoing election for all future C Share issues if you'd like.

 

Option 3: You can elect to retain the C Shares. You may retain the C Shares and we will inform you of any future redemption or conversion opportunities in due course.

 

Please note that if you elect to retain your C Shares and you currently hold them within a Stocks and Shares ISA you will, under HMRC Regulations, have to remove the C Shares from your ISA within 30 days of receipt. Any election to retain C Shares given within a Junior ISA or a Lifetime ISA will be invalid.

 

When do I have to decide by?

 

Any instruction must be received in this office by noon on Thursday 30 May 2019. If no instruction is received you will receive cash in lieu of C Shares (Option 1) unless you have previously given an instruction to always receive Ordinary Shares,

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above. Please note, if you have previously given an election to receive Ordinary Shares for all C Share Issues you will not receive a letter and will automatically receive Ordinary Shares without the need to make a further election.

 

×
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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled ‘N/A’.

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Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.