Nucleus Financial Group plc (AIM:NUC) confirmed that it has received separate proposals from IntegraFin Holdings plc (LSE:IHP) and Epiris LLP in conjunction with its associate James Hay Partnership Management Limited (together the "Potential Offerors") regarding possible cash offers for the entire issued and to be issued ordinary share capital of Nucleus. The Company is also in preliminary discussions with Aquiline Capital Partners LLC and Allfunds (UK) Limited regarding potential offers for the Company. Discussions between Nucleus and the respective parties are ongoing.

Nucleus understands that Sanlam UK Limited, which owns approximately 52% of Nucleus's issued share capital, is supportive of the Nucleus Board engaging in potential offer discussions and the Company intends to work constructively with Sanlam UK Limited to ensure that the interests of all shareholders are properly considered. There can be no certainty that any offer for Nucleus will be made, nor as to the terms on which any offer might be made.