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20 Jun 2017 07:00
Pro Global Insurance Solutions plc (the "Company")
Sale update
On 22 December 2016, the Company announced the sale of its outsourcing and consulting businesses, subject to shareholder, regulatory, and other approvals.
The Company is pleased to announce that all approvals have now been received and therefore the sale is now unconditional. Completion is expected on 30 June 2017.
Following Completion, the Company's only business will be its 30% investment in Asta Capital Ltd which owns a number of companies including Asta Managing Agency Limited, the leading third party managing agent at Lloyd's.
Enquires
Pro Global Artur Niemczewski, Chief Executive Tim Carroll, Chairman | 020 7068 8123 |
Peel Hunt LLP (nominated adviser and broker) James Britton | 020 7418 8900 |
ACH.L (ACH)
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