leadf
logo-loader
RNS
viewChesnara PLC

Chesnara PLC - Acquisition

RNS Number : 5192X
Chesnara PLC
01 September 2020
 

CHESNARA plc

("Chesnara" or "the Company")

 

LEI Number: 213800VFRMBRTSZ3SJ06

01 September 2020

REGULATORY APPROVAL

 

Following the announcement on 22 November 2019 in connection with the proposed acquisition of the Dutch insurance portfolio of Belgian-owned Argenta Bank-en Verzekeringsgroep N.V, Chesnara plc is pleased to confirm that all remaining conditions precedent to the completion of the acquisition have now been fulfilled.

 

 

 

For further information, please contact:

 

Roddy Watt

Director, Capital Markets

FWD

Forward thinking communications

 

T   -    020 7280 0651  

E   -    roddy.watt@fwdconsulting.co.uk 

 

Notes to Editors

Chesnara is a life and pensions company listed on the London Stock Exchange.  It administers over one million policies and operates as Countrywide Assured in the UK, as The Waard Group and Scildon in the Netherlands, and as Movestic in Sweden.

 

Following a three pillar strategy, Chesnara's primary responsibility is the efficient administration of its customers' life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests. It also adds value by writing profitable new business in Sweden and the Netherlands and by undertaking value-adding acquisitions of either companies or portfolios.

 

Consistent delivery of the Company strategy has enabled Chesnara to increase its dividend for 15 years in succession.

 

Further details are available on the Company's website (www.chesnara.co.uk).

 

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 rns@lseg.com 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
 
 
ACQSEMFMAESSESA

Quick facts: Chesnara PLC

Price: -

Market: LSE
Market Cap: -
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Chesnara PLC keeping its head down and doing more of the same after...

John Deane, chief executive of Chesnara Plc (LON:CSN), discusses with Proactive's Andrew Scott the life and pensions company's 2017 results. Full year profits more than doubled on the back of its acquisition of Legal and General’s Dutch insurance unit. Deane says: ''We're really...

on 30/3/18

2 min read