REG - Chesnara PLC - Regulatory Approval

ChesnaraAnnouncement

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RNS Number : 4339L  Chesnara PLC  12 December 2025

 

 LEI Number: 213800VFRMBRTSZ3SJ06

12 December 2025

 

CHESNARA plc

("Chesnara" or "the Company")

 

Regulatory Approval for Acquisition of HSBC Life (UK) Limited

 

 

Chesnara plc ("Chesnara") announced on 3 July 2025 the proposed acquisition of
HSBC Life (UK) Limited for £260 million.

 

Chesnara is pleased to announce that the proposed acquisition has
received UK regulatory approval and work will now progress with a view to
completing the transaction at the end of January 2026.

 

For further information, please contact:

 

Investor Enquiries

Sam Perowne

Head of Strategic Development & Investor Relations

Chesnara plc

E - sam.perowne@chesnara.co.uk (mailto:sam.perowne@chesnara.co.uk)

 

Media Enquiries

Misha Bayliss - +44 20 7427 5465

Oscar Burnett - +44 20 7427 5435

Teneo

E - chesnara@teneo.com (mailto:chesnara@teneo.com)

 

 

 

Notes to Editors

Chesnara (CSN.L) is a European life and pensions consolidator listed on the
London Stock Exchange.  It administers just under one million policies and
operates as Countrywide Assured in the UK, as Scildon in the Netherlands and
as Movestic in Sweden.

 

Following a three-pillar strategy, Chesnara's primary responsibility is the
efficient administration of its customers' life and savings policies, ensuring
good customer outcomes and providing a secure and compliant environment to
protect policyholder interests. It also adds value by writing profitable new
business in the UK, Sweden and the Netherlands and by undertaking value-adding
acquisitions of either companies or portfolios.

 

Consistent delivery of the Company strategy has enabled Chesnara to increase
its dividend for 20 years in succession.

 

Further details are available on the Company's website (www.chesnara.co.uk
(http://www.chesnara.co.uk/) ).

 

 

 

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