What happened to my Friends Provident shares?

It was listed on the London Stock Exchange and a constituent of the FTSE 100 Index until being acquired by buyout firm Resolution in November 2009. F&C Asset Management demerged from Friends Provident in 2009. In 2018, it merged into its parent company Aviva. It is now part of the Aviva group.

How do I find out if I have Friends Provident shares?

It is likely you will have to go through the share registrars of the various companies to check if you are on the share registrar. You might start with Aviva’s registrar, Computershare, to see if you are listed as a current shareholder.

Which company took Friends Provident?

Aviva
Friends Provident, which was founded in Bradford in 1832, has traded as Friends Life since 2011 and was taken over by Aviva in 2014 in a transformative £5.6 billion deal that created the UK’s largest insurance group. Aviva said the sale would have minimal impact on its Solvency II capital surplus and IFRS book value.

How can I trace my shares?

You can trace other lost shares by contacting the three main share registrars: Link Asset Services (Linkgroup.eu or 0371664 0300); Computershare (Computershare.com/uk); and Equiniti (Equiniti.com or 0371 384 2030).

How do I trace old shares?

How do I find lost share certificates?

In order to obtain Duplicate Share Certificates, You need to Lodge a complaint with Police Station and submit a Copy of FIR (mentioning Folio No, Share Certificate(s), Unit Name, Distinctive No(s) and no. of lost shares) in original or attested by notary/gazette officer.

Who owns Provident Mutual?

Friends’ Provident Life Office became part of the Friends Life Group in 2011, which was acquired by Aviva in 2015.

Who took Friends Provident pensions?

If you had a Friends Provident or London & Manchester life and savings plan taken out after 1 January 1999 or a Bonds, Pensions and Shares plan, taken out at any time, these were acquired by Friends Life which is now part of Aviva.

How do I track down old shares?

How do I find old stocks?

Call the Financial Stock Guide Service at (800) 367-3441 and ask for the custom research department. They will be able to tell you, for a fee, whether or not your shares are active or obsolete. In business since 1927, they also publish a directory that updates annually. Go to www.spinksmythe.com or call (800) 622-1880.

What happens to Friends Provident shares in resolution?

The default share-based payment would have seen your 200 Friends Provident shares become 180 shares in Resolution Ltd. However, the fortunes of the shares would have improved with the subsequent Aviva deal, which would have seen your 180 Resolution (now Friends Life) shares exchanged for 133 shares in Aviva.

How much is Friends Provident stock worth now?

At current stock market trading, those 133 shares are worth around £590 sterling. Importantly, while dividends in Friends Provident would clearly have stopped with the sale of that business to Resolution, the new owners themselves paid dividends rising from just over 4p sterling per share in 2009 to just under 22p a share in 2014.

What was the original offer for Friends Provident?

Today, Friends Provident directors said the takeover, worth 79.4p a share, was in the best interest of shareholders and unanimously recommended acceptance. The terms are 0.9 Resolution shares for each Friends Provident share, up from the initial offer of 0.82 shares.

What was the value of Friends Provident when it floated?

When they floated they were worth 229 pence sterling. Eight years later the company was bought by listed investment company Resolution in an all-share deal, with Friends Provident shareholders getting 0.9 per cent of a Resolution share for each one they held in the old mutual.