9th May 2016 16:44
9 May 2016
P2P Global Investments PLC (the "Company")
LendingClub Corporation
The Company notes developments at LendingClub Corporation ("LendingClub"), a US-based Platform through which the Company invests. The Investment Manager is tracking developments at LendingClub carefully. The Company confirms that:
1. it does not participate in LendingClub's "near prime" program, which was the subject of the announcement made by LendingClub today;
2. its purchase of LendingClub loans are restricted to the "prime" program offered by LendingClub; and
3. it has no exposure to LendingClub equity or equity-linked securities.
MW Eaglewood Europe LLP +44 (0)20 7316 2280
Simon Champ
Liberum Capital Limited +44(0)20 3100 2000
Tom Fyson
J.P. Morgan Cazenove +44 (0)20 7742 4000
William Simmonds
Media enquiries:
Boscobel & Partners +44(0)203 642 1310
George Trefgarne
The content of the Company's web-pages and the content of any website or pages which may be accessed through hyperlinks on the Company's web-pages other than the content of the Presentation referred to above, is neither incorporated into nor forms part of the above announcement.
END OF ANNOUNCEMENT
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