REG - CPPGroup Plc - Statement re FCA Approval <Origin Href="QuoteRef">CPPG.L</Origin>

CPPGroupAnnouncement

07/12/2017 14:55

RNS Number : 7293Y
CPPGroup Plc
07 December 2017
7 December 2017 
CPPGroup Plc ("CPP" or the "Group")
FCA Approval
CPP, the international product innovation business, is pleased to announce that its application to the FCA for its UK subsidiary company, Blink Innovation (UK) Limited (Blink UK), has been approved; as such Blink (UK) is able to commence trading as a regulated insurance intermediary business with immediate effect.
Card Protection Plan Limited and Homecare Insurance Limited will no longer seek to sell new insurance products to the UK and Ireland markets, but instead will concentrate on providing full service and support to their existing customers. All new insurance customers in the UK market will be acquired by the new regulated entity.
For further information please contact:
CPPGroup Plc
Jason Walsh, Chief Executive Officer
Oliver Laird, Chief Financial Officer
Tel: +44 (0)1904 544500
Investec Bank plc
Nominated Adviser and Corporate Broker
Sara Hale; James Rudd; Carlton Nelson
Tel: +44 (0)20 7597 5970
Maitland
Neil Bennett; Daniel Yea
Tel: +44 (0)20 7379 5151
Notes to Editors
CPP is a leading, international product innovation business which works with Business Partners across a range of sectors in 11 markets within Asia, Europe and Latin America. CPP provides product, marketing and distribution expertise delivering tangible commercial benefits and meaningful solutions to their customers. CPP's insurance and assistance products provide peace of mind by reducing the stresses of everyday life ranging from protection of mobile phones, payment cards and household belongings to keeping travel plans moving and the monitoring of compromised personal data. 
For more information on CPP visit www.cppgroupplc.com
REGISTERED OFFICE
CPPGroup Plc
6 East Parade
Leeds
LS1 2AD
Registered number: 07151159

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