REG - CPPGroup PLC - Completion of Disposal of CPP India

CPPGroupAnnouncement

Today 09:15

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RNS Number : 6938Z  CPPGroup PLC  17 September 2025

17 September 2025

 

CPPGroup Plc

("CPP Group", the "Group" or the "Company")

 

Completion of Disposal of CPP India

Further to the announcement on 15 September 2025, CPP Group is pleased to
announce that the sale by the Group of CPP India for a total cash
consideration of up to US$20.0 million completed on 17 September 2025 and the
up-front consideration of US$15.0 million, net of Indian taxation, was
received on completion.

Completion of the transaction enables the Group to focus on its digitally
focused InsurTech business, Blink and to accelerate investment to support
Blink's commercial and technology roadmap.

Defined terms used in this announcement have the same meaning where defined in
the Company's RNS announcement dated 15 September 2025.

Notice of half year results
The Group intends to announce its half year report for the six months ended 30 June 2025 on 29 September 2025.

 

ENQUIRIES

 

CPPGroup plc

Simon Pyper, Chief Executive
Officer
via Alma Strategic Communications

David Bowling, Chief Financial Officer

 

Panmure Liberum

(Nominated Adviser and Sole Broker)
                          Tel: +44 (0)20 310 2000

Corporate Finance:

Stephen Jones

Atholl Tweedie

Will King

 

M&A:

Tim Medak

 

Alma Strategic
Communications
                            CPP@almastrategic.com
(mailto:CPP@almastrategic.com)

Josh Royston
 
           Tel: +44 (0)20 3405 0205 (tel:+442034050205)
 

Andrew Jaques

David Ison

 

About CPP Group:

CPP Group is a technology-driven assistance company that creates embedded and
ancillary real-time assistance products and resolution services that reduce
disruption to everyday life for millions of people across the world, at the
time and place they are needed. CPP Group is listed on AIM, operated by
the London Stock Exchange.

 

For more information on CPP visit https://corporate.cppgroup.com/
(https://corporate.cppgroup.com/)

 

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