Piecing together the jigsaw of son’s Friends Provident shares - News Summed Up

Piecing together the jigsaw of son’s Friends Provident shares


He had share in Friends Provident – all five of them! Friends Provident shareholders got 0.9 of a Resolution share for every Friends Provident share they owned so your son would now have owned 4.5 Resolution shares. It paid 0.74 of a share for each Friends Life share, so your son would now have 2.96 Aviva shares. So your son’s five Friends Provident shares worth £11.45 in total when they were listed are now two Aviva shares worth, at current rates, £10, though he would also have received some money from the sale of his fractional entitlements in Resolution and Aviva. Apart from the value of the shares, your son’s estate might also be due payment of dividends from his shares – as Friends Provident, Resolution/Friends Life and Aviva – so that’s something else you might need to check.


Source: The Irish Times April 01, 2018 14:37 UTC



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