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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -4.00 | -2.14% | 182.50 | 175.00 | 190.00 | 183.00 | 183.00 | 183.00 | 3,001 | 16:35:23 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Security Systems Service | 170.71M | 523k | 0.0591 | 30.96 | 16.19M |
From Apr 2019 to Apr 2024
TIDMCPP
RNS Number : 2889J
CPPGroup Plc
27 June 2017
27 June 2017
CPPGroup plc
Statement re Card Protection Plan Limited
CPPGroup Plc (CPP or the Group) announces that the Financial Conduct Authority has approved an application made by Card Protection Plan Limited (CPPL) to lift the current capital and asset (but not trading) restrictions placed on CPPL in the Voluntary Variation of Permissions (VVoP) of November 2012.
This will allow the Group to move on from its previous regulatory issues in its UK business, to place the back book of regulated Card and Identity Protection policies within CPPL into a managed decline position and to focus its efforts on a new strategy for its UK operation. It also follows on from the approval given by the PRA last month in relation to the lifting of the same restrictions previously imposed on Homecare Insurance Limited.
For further information please contact:
CPPGroup Plc
Jason Walsh, Chief Executive Officer
Tel: +44 (0)1904 544500
Investec Bank plc
Nominated Adviser and Corporate Broker
Sara Hale; James Rudd; Carlton Nelson
Tel: +44 (0)20 7597 5970
Maitland
Neil Bennett; Daniel Yea
Tel: +44 (0)20 7379 5151
Notes to Editors
CPP provides a range of assistance based services to customers in the UK & Ireland and in a number of international markets across Asia, Europe and Latin America. The Company's core propositions provide peace of mind for customers covering a range of areas including lost and stolen credit cards, identity theft, insurance of mobile devices, and passport assistance.
For more information on CPP visit www.cppgroupplc.com
REGISTERED OFFICE
CPPGroup Plc
Holgate Park
York
YO26 4GA
Registered number: 07151159
This information is provided by RNS
The company news service from the London Stock Exchange
END
STRSEUSUWFWSESM
(END) Dow Jones Newswires
June 27, 2017 05:15 ET (09:15 GMT)
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