RSA Insurance Group’s Tender Offer Attracts Strong Shareholder Support
Company Announcements

RSA Insurance Group’s Tender Offer Attracts Strong Shareholder Support

RSA Insurance Group (GB:RSAB) has released an update.

RSA Insurance Group Limited has reported significant shareholder engagement in its recent tender offer, with over 67% of the outstanding Preference Shares being validly tendered for purchase by the closing date. Additionally, almost 70% of the shares have been instructed for voting, with a staggering 98.4% in favor of the proposed Cancellation Resolution. Shareholders have until the Proxy Deadline on 16 July 2024 to submit their Voting Only Instructions for the upcoming General Meeting.

For further insights into GB:RSAB stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskRSA Insurance Corrects Dividend Payout Figures
TipRanks UK Auto-Generated NewsdeskRSA Insurance Votes for Share Cancellations
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!