UK 23:45 Saturday, 24 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
‘Life, pensions and investment company with specialist expertise in consolidation’, Chesnara (CSN) has announced its results for the 2025 calendar year emphasising “Strong financial delivery and 6% increase in final dividend” and notes “two material deals, the acquisition of HSBC Life (UK) Ltd which completed in January 2026 and the proposed acquisition of Scottish Widows Europe SA”. What does the results announcement suggest on the outlook of the shares from a 290p price?
Chesnara (CSN) has announced an agreement to acquire closed life insurance business Scottish Widows Europe SA and that it “is expected to deliver ~€250m of incremental cash generation over the lifetime of the policies… with ~€100m of this cash generation occurring in the first five years”. What does that suggest for the deal value, with shares in the company currently up 5% to 325.5p in response?
Shares in Chesnara (CSN) recently headed up to near 300p and its recent half-year results included “interim dividend of 7.70p per share, a 3% increase compared to 2024, extending the period of uninterrupted dividend growth to more than 20 years”. With that suggesting a more than 8% dividend yield from a 270.5p offer price for the shares, we suggest they are a value, income Buy.
Holding company of life and pensions businesses, Chesnara plc (CSN) has been well covered on this website and its shares were a 230p offer price addition to the Income portfolio of the premium Nifty Fifty website in March 2013. The following updates with the shares, at a current 363.25p, having also moved well ahead of the 300p they were at when I last commented on the company on this website in November HERE.
Chesnara plc (CSN) has announced a 30th September 2013 'European Embedded Value' of £354 million (308.2p per share) and an IFRS pre-tax profit for the quarter ending then of £11 million, up from a corresponding prior year period £10.8 million.
Chesnara (CSN) announced earlier this week that it has conditionally (on regulatory and shareholder approval) agreed a £39.3 million acquisition of Direct Line Life, a UK-based life insurer which is currently owned by Direct Line Insurance Group plc and became substantially closed to new business in July 2011. A good move?
I first looked at holding company of life and pensions businesses, Chesnara plc (CSN) on this website in May HERE – concluding that at 245p the shares looked an attractive investment proposition, particularly for income seekers. The following updates post interim results from the company at the end of last month and subsequent reaction from its joint broker, Panmure Gordon…
Chesnara (CSN) hosted an investor conference on Monday.
Helped by a positive investment market performance and a £7.2 million foreign exchange gain (arising from appreciation of the Swedish Krona against Sterling), fully-listed holding company of life and pensions businesses, Chesnara plc (CSN), announced on Friday an approaching 11% (£33.7 million) increase in European Embedded value to £344.8 million (300.2p per share), as at 31st March 2013 compared to the end of 2012.
I first wrote on fully-listed holding company of life and pensions businesses, Chesnara plc (CSN) in July 2012 – concluding positively with the shares then at 169p.
