Brief: Non-Standard Finance H1 Revenue Down 17%
28/09/2022 07:30
Sept 28 (Reuters) - Non-Standard Finance PLC NSF.L :
* NON-STANDARD FINANCE H1 REVENUE DOWN 17% AT 56.6 MILLION
STG
* NON-STANDARD FINANCE PLC - CONTINUED TO FACE SIGNIFICANT
REGULATORY CHALLENGES IN CURRENT PERIOD AND ON 15 MARCH 2022
* NON-STANDARD FINANCE - NOT POSSIBLE TO REACH AGREEMENT
WITH FCA
REGARDING A VOLUNTARY REDRESS SCHEME IN RESPECT OF GROUP'S
GUARANTOR LOANS DIVISION
* NON-STANDARD FINANCE - TO PURSUE COURT-BASED PROCESS SUCH
AS A
SCHEME OF ARRANGEMENT OR RESTRUCTURING PLAN IN RELATION TO ITS
REDRESS LIABILITIES
* NON-STANDARD FINANCE PLC - WITHOUT PROCESS, DIRECTORS
BELIEVE
INSOLVENCY IS MOST LIKELY OUTCOME
Further company coverage: NSF.L
((Reuters.Briefs@thomsonreuters.com;))
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