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Litani Offers to Buy Your Aviva Shares | Dublin News
Description
Ireland’s accidental Aviva shareholders are getting letters from Litani offering to buy their shares for just £5.30 each—worth nearly £2,000 in some cases. But here’s the catch: Litani, a Delaware-based firm that profits from “mini-tenders,” is paying way below market value (about 24% less). While they’ll handle the paperwork and even convert to euros, selling through a broker gets you far better returns. Plus, any profit must be reported to Revenue—with tax kicking in if gains exceed €1,270, whether you got shares free or inherited them.
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