- Non-Standard Finance noted the announcement issued by Provident Financial and said it is delighted that over 50% of Provident's shareholders now accept the takeover offer, which it believes Provident's announcement largely ignores.

Non-Standard Finance set out plans very clearly in our original offer announcement issued on 22 February 2019 and detailed offer document and prospectus issued on 9 March 2019.

The company said its plans were prepared very carefully with a view to both fixing Provident's problems and creating substantial value for shareholders and other stakeholders.

Non-Standard Finance said it looks forward to receiving acceptances for the balance of the Provident shares in due course so they can get on with the job of fixing Provident as soon as possible.

At 9:52am: [LON:NSF] Nonstandard Finance Plc share price was 0p at 54.9p

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