Articles From: Mitie Extends Facilities Management Contract with Lloyds to Wide-Ranging Vacancy Risks and Insurance Gaps Leave Small Business Property Owners Exposed: New Product from ACE Commercial Risk Services Provides Comprehensive Liability Coverage


2014/12/2
LONDON-- Outsourced service provider Mitie Group PLC (MTO.LN) Tuesday said it has extended a five year facilities management contract with Lloyds Banking Group PLC (LLOY.LN) that began in 2012 to 2022, without giving financial details.
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2014/12/2
"Friends Life has always been about maximising value for shareholders and delivering strongly for customers.
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2014/12/2
If you are in any doubt about the contents of this announcement or the action you should take, you are recommended to seek your own independent personal financial advice immediately from your stockbroker, bank manager, solicitor, accountant, fund manager or other appropriate independent financial adviser duly authorised under the UK Financial Services and Market Act 2000 (as amended) if you are resident in the UK or, if not, from another appropriately authorised independent financial adviser.
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2014/12/2
+44 (0) 20 7251 Conor McClafferty 3801 Friends Life Group Limited +44 (0) 845 268 3116 +44 (0) 845 268 Yana O'Sullivan - Investor Relations Director 5139 Tom Cannings - Investor Relations +44 (0) 845 641 Jamie Gatoff - Corporate Communications Director 7391 Goldman Sachs International (Friends Life's Financial Adviser) John Rafter Mark Sorrell +44 (0) 20 7774 Paul Miller 1000 Barclays (Friends Life's Financial Adviser and Corporate Broker) Jim Renwick Ben Davey +44 (0) 20 7623 Tom Boardman
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2014/12/2
The Proposed Acquisition is expected to result in an immediate reduction in financial leverage to a level that achieves Aviva's stated medium term objectives of external debt leverage below 40 per cent.
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2014/12/2
The Friends Life Directors believe that the terms of the Proposed Acquisition recognise and reflect Friends Life's cash generation and longer term prospects as well as the settling of the Value Share.
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2014/12/2
As at the date of this announcement, an integration plan is being compiled but more detailed consideration will need to be undertaken in relation to both the planning and the integration process.
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2014/12/2
To become Effective, the Scheme requires, among other things, the approval of a majority in number of the Scheme Shareholders present and voting in person or by proxy at the Guernsey Court Meeting, representing not less than 75 per cent.
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2014/12/2
A copy of the Co-operation Agreement will be available on Aviva's website at www.aviva.com and on Friends Life's website at www.friendslifegroup.com from today until the Scheme becomes Effective.
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2014/12/2
Such forward-looking statements involve known and unknown risks and uncertainties that could significantly affect expected results and are based on certain key assumptions.
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2014/12/2
This announcement has been prepared for the purposes of complying with English law, Guernsey law, the rules of the London Stock Exchange and the Code and the information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws and regulations of any jurisdiction outside the United Kingdom and Guernsey.
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2014/12/2
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2014/12/2
A copy of this announcement (and the analyst and investor presentation referred to above) will be available, subject to certain restrictions relating to persons resident in Restricted Jurisdictions, for inspection on Aviva's website at www.aviva.com and on Friends Life's website at www.friendslifegroup.com by no later than 12 noon (London time) on the Business Day following the date of this announcement.
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2014/12/2
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2014/12/2
(iii) there is or is likely to be any obligation or liability (whether actual or contingent) to make good, repair, re-instate or clean up any property now or previously owned, occupied, operated or made use of or controlled by any past or present member of the Wider Friends Life Group under any environmental legislation, regulation, notice, circular or order of any Relevant Authority in any jurisdiction (in each case to an extent which is material in the context of the Wider Friends Life Group taken as a whole). Part 2: Certain further terms of the Proposed Acquisition (a) Aviva reserves the right (subject to the requirements of the Code and the Panel) to waive all or any of the Conditions in Part 1, paragraphs (i) and (n) to (u) (inclusive), in whole or in part, at its absolute discretion.
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2014/12/2
10. The multiple of Friends Life Market Consistent Embedded Value is based on Friends Life's Market Consistent Embedded Value as at 30 June 2014 of GBP5,724 million, plus the Lombard sale proceeds of GBP260 million, less the Lombard restated Market Consistent Embedded Value as at 30 June 2014 of GBP305 million less the share buyback of GBP29 million.
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2014/12/2
In preparing the Quantified Financial Benefits Statement, both Aviva and Friends Life have shared certain operating and financial information to facilitate a detailed analysis in support of evaluating the potential synergies available from the Proposed Acquisition.
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2014/12/2
This letter is provided to you solely in connection with Rule 28.1(a)(ii) of the Code and for no other purpose.
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2014/12/2
Friends Life Group Friends Life and its subsidiary undertakings and associated undertakings Friends Life Record the time and date by reference to which the Date entitlements of Friends Life Shareholders to receive the proposed second interim Friends Life dividend of 24.1p per share will be determined, but which in all circumstances will be before the date on which the Scheme becomes Effective Friends Life Shareholders holders of Friends Life Shares Friends Life Shares ordinary shares of no par value in the capital of Friends Life Friends Life Share the share schemes operated by the Friends Life Schemes Group, being the Friends Life Long Term Incentive
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2014/12/2
Ireland UK Companies Act Companies Act 2006 (as amended) US or United States the United States of America, its territories and possessions, any state of the United States and the District of Columbia US Exchange Act US Securities Exchange Act of 1934 (as amended) US Securities Act US Securities Act of 1933 (as amended) Value Share the interests held by RCAP in the Partnership through which certain returns are distributed to RCAP, as described in more detail in Friends Life's annual report and accounts 2013 Wider Aviva Group Aviva and its subsidiaries, subsidiary undertakings, associated undertakings and any other body corporate partnership, joint venture or
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2014/12/2
Hewlett-Packard Co., as it prepares to split in two, is unveiling on Tuesday a plan to help retain important customers by allowing them to leave behind a processor technology that has found few takers besides H-P.
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2014/12/1
BEIJING--China's tax authorities said they would step up supervision of multinational companies as part of a crackdown on tax avoidance, the official Xinhua News Agency reported.
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2014/12/1
Stocks in Australia climbed Tuesday as crude oil prices rebounded, while Japan edged down after Moody's Investors Service downgraded its credit.
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2014/12/1
Ur-Energy to Host Webcast on December 4th LITTLETON, Colo.
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2014/12/1
http://media.marketwire.com/attachments/201412/294073_icor_03.jpg http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=1162347&ProfileId=051205&sourceType=1 DELRAY BEACH, FL --
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2014/12/1
(FROM THE WALL STREET JOURNAL 12/2/14) By John Kester 13: The number of publicly traded U.S. companies that said they were going private this year.
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2014/12/1
Metro Inc. Issues Notice of Redemption for its 4.98% Series A Medium Term Notes due October 15, 2015 Canada NewsWire MONTRÉAL, Dec.
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2014/12/1
5Banc Split Inc. Announces Partial Call for Redemption Canada NewsWire TORONTO , Dec.
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2014/12/1
International stocks trading in New York closed lower on Monday.
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2014/12/1
More than 10 million commercial and residential properties remain unoccupied in the United States, according to the U.S. Department of Commerce Census Bureau.
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Articles From: Mitie Extends Facilities Management Contract with Lloyds to Wide-Ranging Vacancy Risks and Insurance Gaps Leave Small Business Property Owners Exposed: New Product from ACE Commercial Risk Services Provides Comprehensive Liability Coverage
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