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Statement re Operational Review of CCD Update

4th May 2021 07:00

RNS Number : 3290X
Provident Financial PLC
04 May 2021
 

 

 

 

Provident Financial plc

Operational Review of CCD Update

 

Provident Financial plc ('the Group' or 'PFG'), is the leading provider of credit products to consumers who are underserved by mainstream lenders.

 

Operational Review of CCD Update

 

PFG notes the recent media coverage regarding the previously announced operational review of its Consumer Credit Division (CCD) including, as an option, the possibility of a managed run-off of its home credit and Satsuma businesses.

 

The Group confirms that, whilst no decisions have been made, the review is nearing completion and the outcome will be announced with the Group's full year 2020 results, to be published on Monday 10 May.

 

Enquiries:

 

 

 

Analysts and shareholders:

 

 

 

Owen Jones, Group Head of Investor Relations

 

 

07341 007842

[email protected]

 

 

 

 

Media:

 

 

 

Richard King, Provident Financial

 

 

07919 866876

Nick Cosgrove/Simone Selzer, Brunswick

 

 

0207 4045959

[email protected]

 

 

 

 

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