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Pro Global Insurance - Sale Update

RNS Number : 5331I
Pro Global Insurance Solutions PLC
20 June 2017
 

Pro Global Insurance Solutions plc (the "Company")

Sale update

On 22 December 2016, the Company announced the sale of its outsourcing and consulting businesses, subject to shareholder, regulatory, and other approvals.

The Company is pleased to announce that all approvals have now been received and therefore the sale is now unconditional. Completion is expected on 30 June 2017.

Following Completion, the Company's only business will be its 30% investment in Asta Capital Ltd which owns a number of companies including Asta Managing Agency Limited, the leading third party managing agent at Lloyd's.

Enquires

 

Pro Global

Artur Niemczewski, Chief Executive

Tim Carroll, Chairman

020 7068 8123

Peel Hunt LLP (nominated adviser and broker)

James Britton

020 7418 8900

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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DISUKAKRBUANAAR

Quick facts: Pro Global Insurance Solutions

Price: -

Market: AIM
Market Cap: -
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