Offer Update

RNS Number : 2584S

CPPGroup Plc

28 November 2012

 



CPPGROUP PLC

28 November 2012

Update - Possible offer for CPPGroup Plc

Update - Possible offer for CPPGroup Plc

The Board of CPPGroup Plc ("CPP" or the "Group") notes the announcement by Affinion Group Inc.

As previously announced, the Board continues to assess and actively pursue a range of financing options. We are in discussions with our lending banks about the Group's debt facilities which mature in March 2013 as well as considering a number of alternative financing and strategic options.

Enquiries:

CPPGroup Plc

Shaun Parker, Chief Financial Officer

Tel: [phone]

Helen Spivey, Head of Corporate and Investor Communications

Tel: [phone]

J.P. Morgan Cazenove

Guy Marks

Tel: [phone]

UBS

Hew Glyn Davies

Craig Calvert

Tel: [phone]

Tulchan Communications

John Sunnucks

Martin Robinson

Tel: [phone]

Notes to Editors

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.

For more information on CPP visit www.cppgroupplc.com

 

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