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Wednesday 15 October, 2014

Aldermore Bank

Announcement re: IPO

RNS Number : 3659U
Aldermore Bank
15 October 2014
 



 

 

For immediate release

 

15 October 2014

 

 

Aldermore Group plc

 

Announcement re: IPO

 

Due to the recent deterioration of global equity markets, Aldermore's Board and Shareholders have elected not to proceed at this time with the initial public offering of Aldermore.

Aldermore continues to perform strongly, with excellent organic loan growth and a proven track record of delivery through its modern, digital platform. AnaCap, as a long term investor, will continue to support the next phase of its development.

 

Enquiries

 

Credit Suisse   

George Maddison

Stephen Carter

Nick Koemtzopoulos

+44 (0) 20 7888 8888

 

Deutsche Bank                                

Nicholas Hunt

Inigo de Areilza

Claire Brooksby

+44 (0) 20 7545 8000

Lazard

William Rucker

Nick Millar

+44 (0) 20 7187 2000

 

 

 

 

 

FTI Consulting

Neil Doyle

[email protected]

+44 (0) 20 3727 1141

FTI Consulting

Paul Marriott

[email protected]

+44 (0) 20 3727 1341

 

 

 

 

 



 

DISCLAIMERS

Credit Suisse Securities (Europe) Limited, which is authorised by the PRA and regulated by the FCA and the PRA, Deutsche Bank AG, London Branch, which is authorised under German Banking Law (competent authority: BaFIN - Federal Financial Supervisory Authority) and further authorised by the PRA and subject to limited regulation by the FCA and PRA, are each acting exclusively for the Company and no one else in connection with the IPO. They will not regard any other person as their respective clients in relation to the IPO and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients, nor for providing advice in relation to the IPO, the contents of this announcement or any transaction, arrangement or other matter referred to herein. Lazard, which is authorised and regulated by the Financial Conduct Authority, is acting exclusively for the Company and AnaCap and no one else in connection with the IPO and will not regard any other persons as its client in relation to the IPO and will not be responsible to anyone other than the Company and AnaCap for providing the protections afforded to its clients or for giving advice in relation to the transaction or the contents of this announcement or any transaction, arrangement or other matter referred to herein.

None of Banks or any of their respective directors, officers, employees, advisers or agents accepts any responsibility or liability whatsoever for, or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of, the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the Company, its subsidiaries or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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