Autonomy Stock Issues
(Mar 28,
2023)
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Stock Menu. Keep up with
HP/HPE-related stock issues: Join HPAA at no charge. Question? Email:
info@hpalumni.org
Received a "Potential Private Retirement Benefit" letter
from Social Security? How to decode the letter and who to contact, if necessary:
Potential Benefit letter
If you ever worked for Autonomy:
Info for Autonomy
alumni
2011-10-31
Autonomy was sold to HP. Autonomy shareholders received £25.50 in exchange
for each Autonomy share. AUTN stock was retired. ($11.7 billion -- a 79% premium over the market price before
announcement. CNBC
)
HP Inc. is the overall legal successor to companies acquired
by Hewlett-Packard before the company was split into HP Inc and Hewlett
Packard Enterprise on Nov 1, 2015. In general, responsibility for commitments
to former employees of Autonomy
remain with HP Inc. -- regardless of whether their last business unit
ended up in HP or HPE. (Canada and UK: HPE. Other countries vary.
Country-by-country details)
(About the HP Breakup)
HP Inc. is the legal successor to Autonomy. Stockholder information and contact
instructions:
HPInc Investor Relations Site
https://investor.hp.com/resources/contact-ir/default.aspx (scroll down)
How the stock purchase worked:
HP SEC 8-K filing October 3, 2011: "On
October 3, 2011, HP announced that HP Vision had received valid
acceptances... representing approximately 87.34 percent of the
existing issued share capital of Autonomy, which acceptances
include those received with respect to 22,190,066 Autonomy
shares (representing approximately 9.09 percent of the existing
issued share capital of Autonomy) pursuant to irrevocable
commitments procured by HP Vision from certain members of the
Board of Directors of Autonomy who held Autonomy shares...
Settlement of the Offer will, in the case of acceptances
received on or before October 3, 2011, occur on or before
October 17, 2011. With respect to acceptances received after
October 3, 2011 but while the Offer remains open for acceptance,
settlement will occur within 14 days of receipt... Following
completion of the Offer, HP Vision intends to exercise its
rights pursuant to Sections 974 to 991 of the United Kingdom
Companies Act 2006 to acquire compulsorily, on the same terms as
the Offer, the remaining Autonomy shares with respect to which
the Offer has not been accepted."
HP SEC 10-K filing December 14, 2011: "As
of October 31, 2011, HP owned an approximately 99% equity
interest in Autonomy, and HP expects to acquire a 100% equity
interest before the end of the first quarter of fiscal 2012."
HPAA comment: A check was sent to the address in the ownership
records for each shareholding --
Where's my
stock? If the check was uncashed, the money would have
eventually been turned over to a state unclaimed property
department. See HPAA's page on
How to check for unclaimed
property
U.S.
SEC filings on AUTNF stock
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