Statement re FCA Approval

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: [phone]

Investec Bank plc

Nominated Adviser and Corporate Broker

Sara Hale; James Rudd; Carlton Nelson

Tel: [phone]

Maitland

Neil Bennett; Daniel Yea

Tel: [phone]

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

 

END

 

 

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