Non-Standard Finance plc has been formed to undertake the acquisition of one or more target companies or businesses in the United Kingdom non-standard consumer finance sector. The Company’s intention is to expand through further acquisitions in the sector in the United Kingdom and possibly elsewhere. The Company will make Acquisitions with the aim of forming a consolidated business. Following completion of an Acquisition, the objective of the Company will be to operate the acquired business and implement an operating strategy to generate value for its Shareholders through operational improvements, as well as potentially through additional complementary Acquisitions. The Company’s wholly owned subsidiary is NSF Subsidiary
Admission to trading on the London Stock Exchange 19 Feb 2015
NSF is my biggest holding by far tucked away in my ISA,if we get the same sort of performance as the pru it should a nice little top up when i take my pension.
Publication of Prospectus and Expected Readmission to Trading on London Stock Exchange
Non-Standard Finance announces that a prospectus has been approved by the Financial Conduct Authority in connection with the Company's application for readmission of its ordinary shares to a Standard Listing on the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities ("Readmission"). The prospectus has been published and will be available on the Company's website www.nonstandardfinance.com and from the registered office of the Company, 5th Floor, 6 Andrew Street, London, EC4A 3AE, United Kingdom.
It is expected that Readmission will become effective and dealings in the Company's ordinary shares will commence at 8:00 am on 3 September 2015.
The Company's ordinary shares are being readmitted following the Company's announcement on 7 July 2015 of its intention to acquire S&U plc's Home Credit Division. The Company's acquisition of S&U plc's Home Credit Division was completed on 4 August 2015.
A copy of the prospectus has also been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.