INTERNATIONAL PERSONAL FINANCE PLC

Regulatory Filings • Dec 22, 2015

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 8485J

International Personal Finance Plc

22 December 2015

22 December 2015

INTERNATIONAL PERSONAL FINANCE PLC ("IPF" or the "Company")

UPDATE ON PROPOSED REVISIONS TO VARIOUS CONSUMER LEGISLATION IN SLOVAKIA

Further to IPF's announcement of 10 December 2015 in relation to the above, the proposed draft amendments to consumer legislation were vetoed by the President, returned to parliament where further changes were made and the amendments re-approved. The President has now signed the amended legislation and it will become effective imminently upon publication.  The final legislation is in line with the Company's previous expectation and IPF's view remains that the changes will have a material adverse financial impact on its existing Slovak business and IPF is therefore currently evaluating alternative business models for this market. 

IPF will keep the market updated and at this stage our intention is to provide further details at our annual results announcement on 24 February 2016.

Investor relations and media contacts:

International Personal Finance	Justin Lockwood - Investor Relations +44 (0)7500 760035 / +44 (0)113 285 6821 Gergely Mikola - Media (+3620) 339 02 25
FTI Consulting	Neil Doyle +44 20 3727 1141 / +44 7771 978 220 Paul Marriott +44 20 3727 1341 / +44 7710 426 131

This information is provided by RNS

The company news service from the London Stock Exchange

END

FURPGGBUPUPAUBP