Business
Everyday Loans Limited change of control approval
Everyday Loans Limited change of control approval.
About this update from Secure Trust Bank Plc
[{"type":"text","content":"\n \nRNS Number : 7083U Secure Trust Bank PLC 08 April 2016 \n\n \n \n \n8 April 2016\nSecure Trust Bank PLC\n \nReceipt of unconditional approval from the FCA for the change of control of Everyday Loans Limited\nSecure Trust Bank PLC (\"STB\") is pleased to announce that, as announced by Non-Standard Finance plc (\"NSF\") today, NSF has received unconditional approval from the Financial Conduct Authority for the change of control of Everyday Loans Limited (\"ELG\"), STB's branch based non-standard consumer lending business.\nThis condition to the sale of ELG (the \"Disposal\") has therefore been satisfied. The Disposal remains subject to all conditions precedent to utilisation of the Facilities under the Facilities Agreement having been satisfied or waived, but is expected to complete on 13 April 2016.\n \n-ENDS-\nEnquiries:\n\n\n\n\nSecure Trust Bank PLC\n \nSir Henry Angest, Non-Executive Chairman \nAndrew Salmon, Non-Executive Director \n \n \nPaul Lynam, Chief Executive Officer\nNeeraj Kapur, Chief Financial Officer\n \nDavid Marshall, Director of Communications \n \n\n\n \n \nTel: 020 7012 2400 \n \n \n \nTel: 0121 693 9100 \n \n \nTel: 020 7012 2400 \n \n\n\n\n\nStifel Nicolaus Europe Limited \n(Financial Adviser and Broker)\nRobin Mann\nGareth Hunt\nStewart Wallace\n \nKeefe, Bruyette & Woods\nJohn Paul McGrath\n \n\n\nTel: 020 7710 7600\n\n\n\n\nCanaccord Genuity Limited\n(Nominated Adviser and Broker)\nSunil Duggal\nRoger Lambert\n \n\n\nTel: 020 7665 4500\n\n\n\n\nBell Pottinger\n(Financial PR)\nBen Woodford \nDan de Belder\n \n\n\nTel: 020 3772 2566\n\n\n\n\n \n \n \n \n-ENDS-\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCBLGDSUUGBGLI\n ","length":5059,"tagName":"div"}]