PROVIDENT (IPF): Sale of home credit business in Bulgaria - raport 25

UNI - EN REPORT No25/2017

International Personal Finance plc (“IPF”) has completed the sale of its home credit business in Bulgaria to Easy Asset Management AD, a large home credit operator in that market. The sale allows IPF to focus its resources on its larger home credit and rapidly-growing digital businesses where there is a strong demand for unsecured consumer lending. The transaction is expected to result in an exceptional charge to the profit and loss account of around £5M.

Investor relations and media contacts:

International Personal Finance

Rachel Moran - Investor Relations +44 7760 167637 / +44 113 285 6798

Gergely Mikola - Media +36 20 339 02 25

Legal Entity Identifier: 213800II1O44IRKUZB59