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CPP Cppgroup Plc

162.00
0.00 (0.00%)
Last Updated: 08:00:22
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cppgroup Plc LSE:CPP London Ordinary Share GB00BMDX5Z93 ORD GBP1.00
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 162.00 156.00 171.00 0.00 08:00:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security Systems Service 193.04M -8.66M -0.9783 -1.66 14.33M

CPPGroup Loses T-Mobile Insurance Contract

11/10/2012 2:39pm

Dow Jones News


Cppgroup (LSE:CPP)
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LONDON--CPPGroup PLC (CPP.LN), a provider of life assistance products and services, said Thursday that Everything Everywhere has now confirmed that it will not be renewing the Group's contract with T-Mobile for the provision of mobile phone insurance.

MAIN FACTS:

-As previously announced, this will result in reduced revenue in 2012 and beyond but does not have an immediate material impact on the Group's operating profit and cash flows for 2012 and 2013.

-CPPGroup shares at 1305 GMT down 1.0 pence, or 8.8%, at 7.3 pence, valuing the company at GBP13.7 million.

-Write to Razak Musah Baba at razak.baba@dowjones.com

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