Pro Global Insurance Solutions PLC Sale Update (5331I)
20 Junho 2017 - 3:00AM
UK Regulatory
TIDMPROG
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
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Peel Hunt LLP (nominated adviser and
broker)
James Britton 020 7418 8900
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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