Information  X 
Enter a valid email address

Phoenix Group Hldgs (PHNX)

  Print   

Tuesday 24 November, 2020

Phoenix Group Hldgs

Statement Regarding Press Speculation

RNS Number : 2468G
Phoenix Group Holdings PLC
24 November 2020
 

Phoenix Group Holdings PLC

 

24 November 2020

 

STATEMENT REGARDING PRESS SPECULATION

 

Phoenix Group Holdings Plc ("Phoenix") notes the recent press speculation regarding the potential sale of its European businesses ("Phoenix Europe").

 

Phoenix Europe is an established participant in the European life insurance market, with operations across Ireland, Germany and the UK offshore savings market, and offers strategic optionality to develop Phoenix's proven M&A consolidation and growth strategy internationally.

 

In light of recent expressions of interest from third parties for the European business, Phoenix confirms that it is assessing a range of strategic options to maximise value for shareholders.

 

At this point there can be no certainty that a transaction will be achieved. A further announcement will be made in due course if appropriate.

 

 

 

 

For further information please contact:

 

Claire Hawkins, Head of Investor Relations, [email protected]

 

Shellie Wells, Head of Corporate Communications, [email protected]

 

Douglas Campbell, Teneo (PR Adviser), [email protected]

 

LEI: 2138001P49OLAEU33T68

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
SPCDGBDBLSDDGGX

a d v e r t i s e m e n t