- Provident Financial noted the announcement from Non-Standard Finance (NSF), but continues to have very material concerns about the strategic, operational and financial merits of the takeover offer.

Provident Financial said it is keen to ensure that all of its shareholders, including those that do not have a shareholding in NSF, have full clarity with respect to the terms and implications of the NSF Offer.

The Provident board said it continues to explore all appropriate alternatives to maximise value for all our shareholders and re-confirms that it does not recommend the NSF offer.

The board strongly advises all Provident shareholders to take no action in relation to the NSF Offer.

At 9:46am: [LON:PFG] Provident Financial PLC share price was +1.2p at 518.6p

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