Following delays, Aviva preference shareholders who hold via Hargreaves Lansdown now have longer than others to vote in a key cancellation referendum that has faced adviser criticism.
Aviva preference shareholders using Hargreaves Lansdown were not able to access its voting platform until 27 March. This was 16 days on from an 11 March announcement from Aviva and subsidiary General Accident that the pair were seeking preference shareholder votes on the cancellation of four tranches of preference shares – totalling £450m – originally marketed as irredeemable. In a series of X posts, campaigner and activist Mark Taber blasted Hargreaves Lansdown for "serious failings" relating to the delays. "It is now 15 days since [Aviva] announced its offer for the biggest four ser...
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