CPPGroup Plc Statement re FCA Approval (7293Y)
December 07 2017 - 9:51AM
UK Regulatory
TIDMCPP
RNS Number : 7293Y
CPPGroup Plc
07 December 2017
7 December 2017
CPPGroup Plc ("CPP" or the "Group")
FCA Approval
CPP, the international product innovation business, is pleased
to announce that its application to the FCA for its UK subsidiary
company, Blink Innovation (UK) Limited (Blink UK), has been
approved; as such Blink (UK) is able to commence trading as a
regulated insurance intermediary business with immediate
effect.
Card Protection Plan Limited and Homecare Insurance Limited will
no longer seek to sell new insurance products to the UK and Ireland
markets, but instead will concentrate on providing full service and
support to their existing customers. All new insurance customers in
the UK market will be acquired by the new regulated entity.
For further information please contact:
CPPGroup Plc
Jason Walsh, Chief Executive Officer
Oliver Laird, Chief Financial 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 is a leading, international product innovation business
which works with Business Partners across a range of sectors in 11
markets within Asia, Europe and Latin America. CPP provides
product, marketing and distribution expertise delivering tangible
commercial benefits and meaningful solutions to their customers.
CPP's insurance and assistance products provide peace of mind by
reducing the stresses of everyday life ranging from protection of
mobile phones, payment cards and household belongings to keeping
travel plans moving and the monitoring of compromised personal
data.
For more information on CPP visit www.cppgroupplc.com
REGISTERED OFFICE
CPPGroup Plc
6 East Parade
Leeds
LS1 2AD
Registered number: 07151159
This information is provided by RNS
The company news service from the London Stock Exchange
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