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Non Standard Finance Plc (NSF)     

dreamcatcher - 02 Mar 2015 18:31

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


http://www.nonstandardfinance.com

Chart.aspx?Provider=EODIntra&Code=NSF&SiChart.aspx?Provider=EODIntra&Code=NSF&SiFlag Counter

jimmy b - 02 Mar 2015 19:48 - 3 of 18

Interesting DC ,Neil Woodford,s backing as well .

dreamcatcher - 02 Mar 2015 20:02 - 4 of 18

Neil Woodford 19.5 per cent share. ST of IC likes the look of the company as well and recommends buying them ahead of the acquisitions the company's board are targeting.

jimmy b - 02 Mar 2015 20:22 - 5 of 18

Could be a slow burner until they make acquisitions .

dreamcatcher - 02 Mar 2015 20:37 - 6 of 18

I would guess they will rise dramatically on the first rns . Quite strong buying today.
If you are not in, its going to be a guess as when to be.


from above -NSF says it has whittled down over 100 non-standard lending businesses to a list of 20 targets, and it intends to buy its first business within six months. Initially the company intends to buy at least one, but as many as three businesses.

jimmy b - 07 Jul 2015 16:32 - 7 of 18

S & U to sell its home credit business for £82.5m

StockMarketWire.com

S & U has entered into a conditional agreement to sell its home credit business which trades as Loansathome4u, to Non-Standard Financefor a total cash consideration of £82.5m.

The proposed disposal will allow for £34m of investment into expanding Advantage and £13m for the development of Advantage's nascent SME vehicle lending product.

The intention is for a significant return of capital and possible future distributions to shareholders.

Anthony Coombs, S & U's chairman, said: "The recent unsolicited approach from Non-Standard Finance plc for our home credit business led the Board to reconsider the Group's future strategy.

"The Board believes that there are significant benefits from the sale of Loansathome4u for realising fair value for our shareholders; but also significant opportunities to further accelerate the expansion of Advantage and develop its nascent small business vehicle lending products, as well as other higher growth areas of specialist finance.

"It is our intention to make a significant return of capital once we have concluded our assessment of reinvestment options and following discussions with the Company's shareholders."

John van Kuffeler, NSF's hairman, said: "Loansathome4u is a leading player in the home collected-credit market. It provides us with a well-established platform; a growing business; attractive operating margins and return on assets; and will form a strong base for NSF as we grow organically and acquire new businesses."

At 12:57pm:
(LON:NSF) Nonstandard Finance Plc Ord Gbp0.05 share price was +1.25p at 102.75p
(LON:SUS) S U PLC share price was +181.5p at 2462.5p
===============================================

http://http://www.moneyam.com/action/news/showArticle?id=5071651

dreamcatcher - 07 Jul 2015 16:36 - 8 of 18

Cheers jimmy.

jimmy b - 07 Jul 2015 16:45 - 9 of 18

First acquisition dc ,i'm not in yet but think i should be .

dreamcatcher - 07 Jul 2015 17:09 - 10 of 18

Get in there. lol

dreamcatcher - 03 Aug 2015 17:15 - 11 of 18

ST of IC today - I expect shareholders in Non-Standard Finance to be richly rewarded over time

dreamcatcher - 04 Aug 2015 17:52 - 12 of 18

Acquisition

wakefield - 05 Aug 2015 08:59 - 13 of 18

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.

jimmy b - 27 Aug 2015 09:21 - 14 of 18

Results

http://www.moneyam.com/action/news/showArticle?id=5101798

jimmy b - 28 Aug 2015 15:54 - 15 of 18

Non-Standard Finance plc

("Non-Standard Finance" or the "Company")


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.

jimmy b - 12 Oct 2015 12:12 - 16 of 18

Change of broker


Non-Standard Finance announces that J.P. Morgan Cazenove has been appointed as the Company's Broker with immediate effect alongside Peel Hunt LLP.

CC - 19 Nov 2018 15:47 - 18 of 18

Share price falling because the investments are pants or because Woodford is selling in the background?
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