International Personal Finance (‘IPF’) has been admitted to trade its ordinary shares on the Warsaw Stock Exchange (‘WSE’).
Trading will begin on the WSE at 09:00 (CET) today, Wednesday 27 March. BZWBK is the arranger and market maker in Poland and the shares will be listed in the WIG index under the name of Provident (ticker symbol – IPF: PW). This is a secondary listing of IPF shares which will enable Polish investors, particularly pension funds, to invest in the business more easily. No new capital is being raised as part of this listing.
Chief Executive Officer of IPF, Gerard Ryan said: “I’m delighted that we have achieved this secondary listing. We believe it will help attract new shareholders to invest in the Group which is delivering growth in all our markets in Europe and Mexico. It also reflects our confidence in our Polish home credit business which, with 821,000 customers, is a major Polish institution and IPF’s largest market.”
David Parkinson, Country Manager of Provident Polska, added: “I would like to thank all our employees and agents for their significant contribution to the success of the business and today’s admission to the WSE is clear recognition of the progress we have made.”
Shares in IPF will continue to be listed on the London Stock Exchange. Existing shareholders of London listed shares will be unaffected by this and need take no action.
For further information contact:
International Personal Finance plc
Rachel Moran – Investor Relations
+44 (0)113 285 6798 / +44 (0)7760 167637
Nick Jones – Head of Communications
+44 (0) 113 285 6815
RLM Finsbury
Matthew Newton
Anastasia Gorokhova
+44 (0) 20 7251 3801
