By G A Chester. MiFID II updates the existing legal framework for how investment services are provided in the European Union by investment firms and comes into force on 3 January 2018. Aviva ( AV.L) on track to return more cash to shareholders as insurance sales rose 5% in the first quarter of the year, the company said in a trading update on Wednesday. The exercise is scheduled to start later this month, and we can assure any shareholders contacted by Georgeson that this exercise is authorised by Aviva. Aviva is the only insurer in the UK that can serve all customers needs, at every stage of their lives. Read our shareholder updates for news and offers from Aviva. Aviva Investors provides 90 million financing for development of major distribution hub in Warrington. Download the Shareholder update (PDF128.8 KB). Information and contacts for institutional investors. Find out about our purpose, priorities and products. We strongly advise you to only deal with financial services firms that are authorised by us, and check the Register to ensure they are. Information and contacts for institutional investors. Analysts at Jefferies said they expected Aviva to offer recurring 250 million pound buybacks. Information and contacts for institutional investors. Sexism row at Aviva as shareholder tells chief exec Amanda Blanc: You're not 'the man' for top job. Easily manage your policies and shareholding. IFRS 17 is a new accounting standard for insurers which is due to be implemented from 1 January 2023. For context, the second largest shareholder holds about 4.7% of the shares outstanding, followed by an ownership of 3.6% by the third-largest shareholder. Information and downloads for latest and past shareholder meetings. Taryn Siwale, SEO Manager in Aviva Ireland, on how to be found. Avivas latest research reveals that the highest proportion (39%) of victims suffered abuse at the hands of their spouse/ partner. The way well do this, is that, subject to shareholder approval, every ordinary shareholder will receive one temporary share, known as a B Share, for each Aviva ordinary share they hold. Let us walk you through how to pick the right savings account for you, the ultimate budgeting template, setting up an emergency fund and more. If you have any feedback for us, please get in touch by emailing aviva.shareholders@aviva.com. Citizens Advice will help support as many as 250,000 additional people seeking support through phone lines, webchat and in community settings who may not otherwise have been helped. . This calculation is not, and should not be taken as, legal or financial advice to any person or company and is not a substitute for consulting a qualified professional. Share price data delayed by 15 minutes. The information in this announcement is subject to change. Sustainability is fundamental to our strategy and culture. The programme is scheduled to last until February 2014 and we can assure shareholders contacted by Computershare that this exercise is authorised by Aviva. Over the last year, weve focused Avivas businesses to our core markets in the UK, Ireland and Canada. Aviva : Shareholder update - April 2022. On this page you can find out more information about the proposed return of capital to ordinary shareholders. Despite the challenging environment, Aviva continues to . earnings-and-revenue-growth. The exercise is scheduled to start later this month, and we can assure any shareholders contacted by Prosearch that this exercise is authorised by Equiniti. Aviva and our Registrar, Computershare, have been contacted by a number of our shareholders regarding calls they have received from Oak Tree Finance regarding their Aviva shareholdings. Avivas online Shareholder update for May 2017 is now available to shareholders. Engaging with us online helps us give you a better service. Avivas online Shareholder update for August 2017 is now available to shareholders. Aviva, which has major businesses in Britain, Canada and Ireland, has already given 4.75 billion pounds ($5.73 billion)back to shareholders after raising 7.5 billion pounds in a string of disposals since Amanda Blanc became CEO in July 2020. Find out about our purpose, priorities and products. Aviva today announces it has completed a 13 million bulk purchase annuity full buy-out transaction with the trustees of the Musicians Union Permanent Officials and Staff Pension Fund. Some of these changes in MiFID II have meant Computershare have needed to change their terms and conditions. Thanks to all of you who navigated the unfamiliar technology to take part in this years AGM. You dont need to do anything, but if you have any questions or would like to receive a hard copy of the Terms and Conditions, please contactComputershare. The B share scheme remains subject to shareholder approval and customary conditions, including no material deterioration in market conditions or the financial position of Aviva. 2. Our memberships, awards and accreditations, Embedding sustainability throughout our business, Download our Modern Slavery Statement PDF, * Share price delayed by 15 mins. Aviva calls for financial sector to play a bigger and clearer role in preventing biodiversity loss. The B share scheme remains subject to shareholder approval and customary conditions, including no material deterioration in market conditions or the financial position of Aviva. This update also includes details of how we have been living up to our purpose, to be with you today, for a better tomorrow, in the last few months. Shareholders who have registered for electronic communications will be notified each time Aviva publishes any Shareholder update on the website. We would like to confirm that a low cost share dealing programme is being provided for shareholders holding up to 1000 Aviva shares by Computershare. The regulatory changes are required due to the implementation of the Markets in Financial Instruments Directive II (MiFID II). For long-term investors, stocks are a good investment even during periods of the market volatility - a stock market downturn means that many stocks are on sale. Please click on the links below for full details: Read the December 2018 shareholder update, Read the September 2018 shareholder update. Explore our news and research, opinions and podcasts. Car insurer Admiral also reversed 7% or 153p to 2119p and Aviva fell 18.4p to 440p. 1. Were the first major insurer worldwide to target Net Zero carbon by 2040. Analysts at RBC said the news was an "unwelcome surprise" and said they don't expect an improvement in the motor business until the end of 2023 at the earliest. 3.75 billion will be returned to Shareholders by way of a B share scheme, involving the bonus issue of one new B share for each ordinary share held at the Record Time (as defined below) to Shareholders which the Company will subsequently redeem for cash. Firstly, lets look at the share buyback. First published on Wed 11 May 2022 14.00 EDT. I have a very modest amount of aviva shares and struggling to understand the implications of the 4.75bn return to shareholders. Cevian has previously called on Aviva to return five billion pounds to shareholders by the end of 2022. Quilter (QLT.L) on Wednesday reported a 12% drop in assets under management and administration. Our purpose and strategy - and what to expect if you join us. Engaging with us online helps us give you a better service. We have big ambitions at Avivato become the UKs go-to consumer brand. British insurer Aviva said Thursday that more than half of its shareholders have failed to back its executive pay awards, in the latest sign of growing investor anger over boardroom pay. Nigel Booth is head of index funds and manages some 20 index funds. To read Avivas response to the result of the UK Referendum on EU membership, please read the recent news release. Finally, to mitigate any fluctuation in the price of Aviva shares as we return the capital to shareholders, were planning something called a Share Consolidation. Please note that you will need to have Adobe Acrobat Reader software installed on your computer, or any other web-enabled device, in order to be able to download documents from the Aviva website. Many are, but there is much progress still to be made. Our purpose and strategy - and what to expect if you join us. Those 100 shares today are worth approx 400 for ease of maths, so that's . See the highlights from our 2021 Annual Report and download the full details. None of these changes has any negative effect on your rights under the existing terms and conditions and you do not need to take any action with regard to the changes. Aviva today announces it has completed a 350 million bulk purchase annuity buy-in transaction with the trustees of the Coats UK Pension Scheme. This short film explains how we are returning capital to shareholders. Access regulatory, governance and risk information. On 2 March 2022, Aviva announced a proposed capital return of 4.75bn in total. Click below to access the B share scheme and share consolidation calculator and receive an indication of both your B share payment and the number of new ordinary shares which you could expect to receive following the consolidation. It's good to see that Aviva has rewarded shareholders with a total shareholder return of 58% in the last twelve months. New Aviva programme invests $3 million for EV chargers in under-served communities. We believe everyone at Aviva should be able to be themselves. We believe everyone at Aviva should be able to be themselves. A level of 100% is the absolute minimum which insurers should hold, according to regulators. It is expected that Shareholders entitled to receive payments in respect of the proceeds of the redemption of the B shares will receive payment on or before 31 May 2022, and that ADS holders entitled to receive payments in respect of the proceeds of the redemption of the B shares will receive payment promptly after 6 June 2022. We advise shareholders to be very cautious of any cold calls they receive regarding their shareholdings or investment opportunities. Find out the steps you should take to protect yourself from share fraud and how to stay safe from more investment scams., Prosearch to start tracing programme of previous Friends Provident shareholders. A share buyback means that Aviva uses its own funds to buy Aviva shares. The company said the majority of claims are coming from the particularly badly affected areas . Data from investis. Chief executive Amanda Blanc has transformed Aviva (LSE: AV). UK adults spend an estimated average of 169 hours a year on average doing puzzles - equivalent to a whole week - a new study reveals. Download the shareholder update (PDF 237 KB). Natasha Felmingham, Senior Propositions Manager, on the joy of badges and finding missing millions. Strong capital and liquidity positions despite market volatility. After this Share Consolidation, as an ordinary shareholder, youll see your number of shares reduce, but youll still own the same percentage of Aviva as you did before. 06/23/2021 | 06:31am EST *: *: * Dear Shareholder . Two in five Brits claim to have suffered economic or financial abuse. The record time for entitlement to B shares and the Share Consolidation is expected to be 6.00 p.m. (London time) on 13 May 2022 in respect of the existing ordinary . Our shares are listed on the London Stock . Look behind the logo and learn about the people who make Aviva what it is. 22.05p. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Freya MacLachlan, Digital Product Owner, on creativity, frustrations, and masking. Our sustainability ambition is focussed on three core areas. More about our customers, people and history. Aviva PLC (LSE:AV.) Aviva, which planned to dole out at least . In company news, Temenos jumped 8.9% after Chief Executive Officer Max Chuard quit the Swiss financial software company, which has been under pressure from activist shareholders. The information in the Circular should only be accessed if you accept the terms of the disclaimer which can be accessed using the link below. Any queries in respect of the exercise should be directed in the first instance to the Georgeson helpline which is 0800 953 0077. Citizens Advice will have 50% increased capacity to deliver advice through their website - providing key resources for people before their problems become a crisis. The benefits of our diversity, market positions and capital strength mean we are well placed to ride out any economic headwinds. Aviva said in a statement after its annual general meeting in London that 54 percent of shareholders voted against the insurer's remuneration report. Aviva. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. 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