Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCppgroup Regulatory News (CPP)

Share Price Information for Cppgroup (CPP)

Share Price is delayed by 15 minutes
Get Live Data
62.75    0.00 (0.00%)
Bid:
61.50
Ask:
64.00
Spread: 2.50 (4.065%)
Market Cap: £5.76m
CPP Live PriceLast checked at - London Stock Exchange

Intraday Cppgroup Share Chart

Statement re Financing Options

20 Mar 2013 09:46

RNS Number : 4356A
CPPGroup Plc
20 March 2013
Β 

ο»Ώ

CPPGROUP PLC

20 MARCH 2013

UPDATE ON FINANCING OPTIONS

Β 

As announced in its pre-close statement dated 19 December 2012, the Board of CPPGroup Plc ("CPP" or the "Group") has been assessing and actively pursuing a range of financing options with a view to putting funding in place in advance of the maturity of the Group's current debt facilities due on 31 March 2013. Given the impending maturity of the current debt facilities, the Board considers it appropriate to give shareholders an update on such discussions.

Β 

The Board continues to work on a number of financing solutions and, inter alia, continues to have constructive discussions with the Group's existing lenders, but to date no financing solution has been achieved. However, it is clear to the Board that there is significant uncertainty as to what value any such financing solutions may deliver to CPP's ordinary shareholders, particularly given the current trading price of the ordinary shares.

Β 

The Board will make further announcements as necessary in due course.

Β 

Β 

Enquiries:

Β 

CPPGroup Plc

Paul Stobart, Chief Executive Officer

Shaun Parker, Chief Financial Officer

Tel: +44 (0) 1904 544 372

Β 

Helen Spivey, Head of Corporate and Investor Communications

Tel: +44 (0) 1904 544387

Β 

Tulchan Communications

John Sunnucks

Martin Robinson

Tel: +44 (0) 20 7353 4200

Β 

Β 

Notes to Editors

Β 

CPPGroup Plc (CPP) is an International Assistance business operating across 16 geographical markets with more than 200 Business Partners worldwide. Via its Business Partners, CPP provides Life Assistance products to consumers, which includes annually renewed and packaged products that provide assistance and insurance across a wide range of market sectors helping our customers to live life and worry less.

Β 

Β 

Β 

For more information on CPP visit www.cppgroupplc.comΒ 

Β 

This information is provided by RNS
The company news service from the London Stock Exchange
Β 
END
Β 
Β 
STRNKKDQCBKKQNB
Date   Source Headline
26th Apr 201311:36 amBUSForm 8.5 (EPT/RI) - CPP Group Plc
24th Apr 20132:45 pmRNSForm 8.3 - CPP Group PLC
24th Apr 201311:42 amBUSForm 8.5 (EPT/RI) CPP Group Plc
24th Apr 20137:00 amRNSStatement re Possible Offer
23rd Apr 201311:28 amBUSForm 8.5 (EPT/RI) - CPP Group Plc
19th Apr 20139:17 amRNSForm 8.3 - CPP Group plc
18th Apr 20132:10 pmRNSForm 8.3 - CPP Group plc
18th Apr 201311:34 amBUSForm 8.5 (EPT/RI) CPP Group Plc
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
16th Apr 201311:03 amBUSForm 8.5 (EPT/RI) - CPP Group Plc
15th Apr 20134:35 pmRNSPrice Monitoring Extension
12th Apr 201312:04 pmBUSForm 8.5 (EPT/RI) - CPP Group Plc
12th Apr 201310:25 amRNSForm 8.3 - CPPGroup Plc
11th Apr 20135:46 pmRNSForm 8 (OPD) CPPGroup Plc - Replacement
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)
8th Apr 20133:41 pmRNSRule 2.10 Announcement
8th Apr 20131:49 pmRNSForm 8 (OPD) CPPGroup Plc
8th Apr 201311:14 amBUSForm 8.5 (EPT/RI) CPP Group Plc
5th Apr 201312:06 pmRNSForm 8.3 - CPPGroup Plc
5th Apr 201310:59 amBUSForm 8.5 (EPT/RI) CPP Group Plc
4th Apr 20135:32 pmRNSHolding(s) in Company
4th Apr 20135:23 pmRNSForm 8.3 - CPP Group Plc
4th Apr 20132:49 pmRNSForm 8.3 - CPP Group Plc
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

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.