CPPGROUP PLC

Legal Proceedings Report • Dec 30, 2016

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RNS Number : 1122T

CPPGroup Plc

30 December 2016

30 December 2016

CPPGroup Plc

Update re IT platform

Further to the statement on its IT platform on 14 September 2016, CPPGroup Plc ("CPP") has today agreed a settlement of £2.5 million to conclude its engagement with SSP Limited. The payment will be completed by 31 December 2016.

For further information please contact:

CPPGroup Plc

Jason Walsh, Chief Executive Officer

Mike Corcoran, Chief Financial Officer

Tel: +44 (0)1904 544500

Investec Bank plc

Nominated Adviser and Corporate Broker

Sara Hale; James Rudd; Carlton Nelson

Tel: +44 (0)20 7597 4000

Maitland

Neil Bennett; Daniel Yea

Tel: +44 (0)20 7379 5151

Notes to Editors

CPP provides a range of assistance based services to customers in the UK & Ireland and in a number of international markets across Asia, Europe and Latin America. The Company's core propositions provide peace of mind for customers covering a range of areas including lost and stolen credit cards, identity theft, insurance of mobile devices, and passport assistance.

For more information on CPP visit www.cppgroupplc.com

REGISTERED OFFICE

CPPGroup Plc

Holgate Park

York

YO26 4GA

Registered number: 07151159

This information is provided by RNS

The company news service from the London Stock Exchange

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