Partnership Assurance Group PLC Change in Control approval (6510R)

TIDMPA. TIDMJRG

RNS Number : 6510R

Partnership Assurance Group PLC

10 March 2016

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

10 March 2016

Just Retirement Group plc ("Just Retirement") and Partnership Assurance Group plc ("Partnership Assurance")

Prudential Regulation Authority ("PRA") and Financial Conduct Authority ("FCA")

Change in Control approvals received

The Boards of Just Retirement and Partnership Assurance are pleased to announce that the PRA and FCA have each approved the change in control applications made in connection with the recommended all-share merger of Just Retirement and Partnership Assurance to create JRP Group plc (the "Merger").

A further update on the progress of the Merger will be provided following the Just Retirement and Partnership Assurance results announcements on Friday 11 March.

Enquiries:

Just Retirement

 
 Investors:                Media: 
------------------------  --------------------------------------------- 
 James Pearce              Stephen Lowe            Temple Bar Advisory 
  Group Director            Group Communications    Alex Child Villiers 
  of Strategy & Investor    Director                +44 (0) 207 
  Relations                 +44 (0) 1737            002 1080 
  [phone]          827 301                 William Barker 
  099                                               [phone] 
                                                    1080 
------------------------  ----------------------  --------------------- 
 

Partnership

 
 Investors:              Media: 
----------------------  ------------------------------------- 
 Katherine Jones         Jim Boyd             Citigate Dewe 
  Director of Investor    Director of          Rogerson 
  Relations               Corporate Affairs    Grant Ringshaw 
  [phone]         [phone]      +44 (0) 207 
  8040                    2744                 638 9571 
                                               Shabham Bashir 
                                               +44 (0) 207 
                                               282 2822 
----------------------  -------------------  ---------------- 
 

Important notices

This communication is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of any vote in any jurisdiction.

This announcement has been prepared in accordance with English law and the Code, and information disclosed may not be the same as that which would have been prepared in accordance with laws outside of the United Kingdom. The release, publication or distribution of this communication in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this communication is released, published or distributed should inform themselves about and observe such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.

Publication of this announcement

A copy of this announcement will be available free of charge, subject to certain restrictions relating to persons resident in restricted jurisdictions, on Partnership Assurance's website at www.partnership-group.com and on Just Retirement's website at www.justretirementgroup.com, by no later than 12 noon (London time) on the business day following the date of this announcement. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 10, 2016 02:05 ET (07:05 GMT)