StockMarketWire.com - Non-Standard Finance has updated on its plans to raise GBP160m via a placing and open offer to part-fund the acquisition of Everyday Loans.

The Open Offer closed at 11.00 a.m. on 4 January 2016 in accordance with its terms.

The Company is delighted to announce that it has received valid acceptances under the Open Offer in respect of 103,362,269 New Ordinary Shares representing approximately 54.9 per cent. of the New Ordinary Shares available pursuant to the Open Offer.

The remaining 84,873,556 New Ordinary Shares were taken up pursuant to the Placing.




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