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Pin to quick picksCppgroup Regulatory News (CPP)

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CPP TO CEASE PROVISION OF AIRPORT LOUNGE ACCESS

27 May 2015 07:00

RNS Number : 2895O
CPPGroup Plc
27 May 2015
 



 

CPPGROUP PLC

27 May 2015

 

 

CPP TO CEASE THE PROVISION OF AIRPORT LOUNGE ACCESS SERVICES

 

 

CPPGroup Plc (CPP or the Group), the International Assistance business, announces that as part of its plans to increase the focus of the Group's operations it intends to cease providing airport lounge access services currently marketed under the Airport Angel brand. In the intervening period the Group will continue to ensure a high quality of service is provided to existing customers.

 

The closure of Airport Angel is not anticipated to have a material impact on the Group's expected profitability in 2015 or beyond.

 

Stephen Callaghan, interim Chief Executive Officer, commented: "The decision to cease providing airport lounge access services is a further step forward towards CPP becoming a more focused, sustainable and profitable business."

 

[ENDS]

 

Enquiries

 

CPPGroup Plc

 

Stephen Callaghan, interim Chief Executive Officer

Craig Parsons, Chief Financial Officer

Tel: +44 (0)1904 544500

Media

 

Tulchan Communications LLP

Martin Robinson

Tel: +44 (0)20 7353 4200

 

Nominated Adviser and Broker

 

Numis Securities Limited

Robert Bruce

Stuart Skinner

Charles Farquhar

Tel: +44 (0)20 7260 1000

 

 

Notes to Editors

 

CPPGroup Plc (CPP or the Group) is an international assistance business operating in the UK and overseas. CPP primarily operates a business-to-business-to-consumer (B2B2C) business model providing products and services to customers through Business Partners and direct to consumer. The Group's core assistance products help to provide security and are designed to make everyday life easier to manage.

 

As announced on 15 April 2015, Stephen Callaghan's appointment as interim Chief Executive Officer is pending regulatory approval.

 

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
 
 
MSCEAKSKASFSEFF
Date   Source Headline
26th Apr 201311:36 amBUSForm 8.5 (EPT/RI) - CPP Group Plc
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19th Apr 20139:17 amRNSForm 8.3 - CPP Group plc
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18th Apr 20137:00 amRNSStatement re Posting of Circular
17th Apr 201311:44 amBUSForm 8.5 (EPT/RI) - CPP Group Plc
17th Apr 20137:05 amRNSStatement re Possible Offer Update
17th Apr 20137:00 amRNSDisposal
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15th Apr 20134:35 pmRNSPrice Monitoring Extension
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11th Apr 20135:26 pmRNSStatement re Update on Financing
11th Apr 20134:41 pmRNSForm 8.3 - [CPP GROUP plc]
11th Apr 20133:44 pmRNSForm 8 (OPD) CPPGroup Plc
11th Apr 20133:03 pmRNSBlocklisting Interim Review
11th Apr 201311:05 amRNSForm 8.3 - CPP GROUP Plc
11th Apr 20139:52 amRNSForm 8.5 (EPT/RI)
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8th Apr 20131:49 pmRNSForm 8 (OPD) CPPGroup Plc
8th Apr 201311:14 amBUSForm 8.5 (EPT/RI) CPP Group Plc
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4th Apr 201312:27 pmRNSTotal Voting Rights
4th Apr 201312:21 pmRNSRule 2.10 Announcement
3rd Apr 20134:40 pmRNSSecond Price Monitoring Extn
3rd Apr 20134:35 pmRNSPrice Monitoring Extension
3rd Apr 201311:12 amBUSForm 8.5 (EPT/RI) CPP Group Plc
2nd Apr 20131:26 pmRNSForm 8.3 - CPP Group Plc
2nd Apr 20131:24 pmRNSForm 8.3 - CPP Group Plc
2nd Apr 201311:54 amBUSForm 8.5 (EPT/RI) CPP Group Plc
2nd Apr 20139:54 amBUSForm 8.3 - CPP Group Plc
28th Mar 20132:56 pmRNSForm 8.3 - (CPP Group plc)
28th Mar 20132:36 pmRNSStatement re Financing Options
28th Mar 20132:21 pmRNSForm 8.3 - CPP Group Plc
28th Mar 201311:45 amBUSForm 8.5 (EPT/RI) - CPP Group Plc
27th Mar 201311:09 amRNSStatement re Possible Offer
25th Mar 20134:41 pmRNSSecond Price Monitoring Extn
25th Mar 20134:35 pmRNSPrice Monitoring Extension
22nd Mar 20134:40 pmRNSSecond Price Monitoring Extn
22nd Mar 20134:35 pmRNSPrice Monitoring Extension
20th Mar 20134:40 pmRNSSecond Price Monitoring Extn

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