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CML: Mortgage arrears and possessions conference at the The Midland Hotel, Peter Street, Manchester, M60 2DS
A&L sends shareholders voting packs
Alliance & Leicester has sent its shareholders full details of the proposal for the recommended acquisition of Alliance & Leicester plc by Banco Santander.
The pack provides details of the recommended deal, the timetable and information on the Court Meeting and Extraordinary General Meeting (EGM), both scheduled for the 16 September, as well as the voting forms. There’s also a ‘Shareholder Voting Information’ booklet which includes a letter from Alliance & Leicester’s acting chairman, Roy Brown, a guide on how to vote by post or online, and questions & answers.
Alliance & Leicester is encouraging all shareholders to vote and are unanimously recommending that shareholders vote in favour of the acquisition. The Board believes the greater stability and greater certainty offered by being part of the Santander Group, as well as the good strategic fit, represents value for shareholders.
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