Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Provident Financial PLC    PFG   GB00B1Z4ST84

PROVIDENT FINANCIAL PLC

(PFG)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Provident Financial : Director Declaration

share with twitter share with LinkedIn share with facebook
share via e-mail
11/29/2019 | 10:53am EST

Provident Financial plc

29 November 2019

Director Declaration

In accordance with LR 9.6.14(1), Provident Financial plc (the Company) notifies the market that since the announcement made by the Company on 25 March 2019 disclosing Robert East's directorship of Welcome Financial Services Limited (Welcome), a notice has been issued on 25 November 2019 to the creditors of Welcome of a Deemed Consent Procedure regarding the nomination of a liquidator to Welcome in relation to the commencement of a creditor voluntary liquidation (the Notice). As stated in the Notice, the date the resolution to wind-up Welcome is to be considered is on 16 December 2019.

As disclosed in the announcement made by the Company on 25 March 2019, Welcome had implemented a creditor scheme of arrangement with certain of its creditors (the Scheme)as part of a wider group restructuring of its financial obligations in 2011 - which became effective on 2 March 2011. Since then, Welcome has complied with the terms of the Scheme and wound down its business (including by completing the sale and collect-out of parts of its loan book). As a result of taking those steps, the directors of Welcome recently concluded that the next and final phase of the restructuring was for Welcome to enter liquidation.

Enquiries:

Media

Richard King, Provident Financial

01274351900

Investor Relations

Gary Thompson/Vicki Turner, Provident Financial

01274 351900

investors@providentfinancial.com

Disclaimer

Provident Financial plc published this content on 29 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2019 15:52:08 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on PROVIDENT FINANCIAL PLC
02/18AMIGO : Subprime lender Amigo talking to potential buyers, shares rise
RE
02/17PROVIDENT FINANCIAL : FCA investigation into Moneybarn completed
PU
02/17PROVIDENT FINANCIAL : says Financial Conduct Authority investigation into aspect..
PU
02/17PROVIDENT FINANCIAL : UK regulator fines Provident's Moneybarn for treating cust..
RE
02/17PROVIDENT FINANCIAL : FCA Final Notice of Moneybarn Investigation
PU
01/15LONDON STOCK EXCHANGE : Defensive stocks buoy FTSE 100 before U.S.-China trade d..
RE
01/15ROYAL BANK OF SCOTLAND : Provident says credit card unit's performance slightly ..
RE
01/15PROVIDENT FINANCIAL : 2019 Trading update
PU
01/15PROVIDENT FINANCIAL : Trading Update
PU
2019PROVIDENT FINANCIAL : announces the appointment of Neeraj Kapur as Chief Finance..
PU
More news
Financials (GBP)
Sales 2019 1 060 M
EBIT 2019 243 M
Net income 2019 87,7 M
Debt 2019 1 574 M
Yield 2019 5,14%
P/E ratio 2019 13,5x
P/E ratio 2020 9,24x
EV / Sales2019 2,60x
EV / Sales2020 2,61x
Capitalization 1 179 M
Chart PROVIDENT FINANCIAL PLC
Duration : Period :
Provident Financial PLC Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PROVIDENT FINANCIAL PLC
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 518,18  GBp
Last Close Price 4,71  GBp
Spread / Highest target 13 276%
Spread / Average Target 10 902%
Spread / Lowest Target 7 925%
EPS Revisions
Managers
NameTitle
Malcolm John Le May Chief Executive Officer & Director
Patrick Joseph Robert Snowball Non-Executive Chairman
Simon George Thomas Chief Financial Officer & Director
Andrea Margaret Blance Senior Independent Director
Paul William Hewitt Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
PROVIDENT FINANCIAL PLC2.17%1 513
BAJAJ FINANCE LTD6.84%40 861
DISCOVER FINANCIAL SERVICES-11.16%23 424
ORIX CORPORATION6.00%21 785
SYNCHRONY FINANCIAL-7.33%20 472
ACOM CO., LTD.6.30%7 375