Non-Standard Finance launches scheme of arrangement
17th Mar 2023 09:30
(Sharecast News) - Non-Standard Finance said on Friday that it was launching a scheme of arrangement, which if successful will pave the way for a £95m public equity raise that would likely wipe out the equity of existing shareholders.
Read moreNon-Standard Finance CEO Kuffeler steps down
31st Aug 2021 07:41
(Sharecast News) - Subprime lender Non-Standard Finance said on Tuesday that chief executive officer John van Kuffeler will step down with immediate effect and be replaced by chief financial officer Jono Gillespie.
Read moreNSF to close troubled guarantor loans unit
30th Jun 2021 12:56
(Sharecast News) - Non-Standard Finance revealed a £135m annual loss on Wednesday, weighed down by the pandemic and hefty exceptional costs, as it confirmed plans to close its troubled guarantor loans unit.
Read moreNon-Standard Finance plots £80m equity raise
15th Jun 2021 10:48
(Sharecast News) - Shares in Non-Standard Finance fell sharply on Tuesday, after the doorstep lender confirmed plans for an £80m equity capital raise.
Read moreNon-Standard Finance begins work on 'substantial capital raise'
23rd Feb 2021 08:42
(Sharecast News) - Subprime lender Non-Standard Finance said on Tuesday that it would have to raise new capital in order to avoid future covenant breaches and address uncertainties around its going concern status.
Read moreNon-Standard Finance H1 profits tumble as Covid-19 makes 'major impact' on trading
30th Oct 2020 08:02
(Sharecast News) - Consumer finance company Non-Standard Finance cautioned on Friday that the Covid-19 pandemic had made "a major impact" on the group in the second quarter.
Read moreLiberum lowers target price on Non-Standard Finance
9th Jul 2020 15:07
(Sharecast News) - Analysts at Liberum slashed their target price on home credit provider Non-Standard Finance from 47p to 24.3p on Thursday but stood by their 'buy' rating on the group.
Read moreNon-Standard Finance warns of going concern risks
25th Jun 2020 11:06
(Sharecast News) - Doorstep lender Non-Standard Finance warned of an uncertain future on Thursday, after a "difficult and disappointing" 18 months undermined its existence as a going concern and caused final losses to balloon.
Read moreCollection levels 'robust', says Non-Standard Finance
23rd Apr 2020 08:35
(Sharecast News) - Non-Standard Finance insisted on Thursday that collection levels remain "robust", despite the coronavirus outbreak, as it delayed publication of its full-year results.
Read moreNon-Standard Finance cuts lending across all divisions
26th Mar 2020 09:32
(Sharecast News) - Non-Standard Finance has slashed lending volumes in the wake of the coronavirus outbreak, the subprime lender confirmed on Thursday.
Read morePayday lender NSF secures ?200m loan facility
11th Mar 2020 14:10
(Sharecast News) - Payday lender Non-Standard Finance has secured a new ?200m loan facility.
Read moreNon-Standard Finance losses widen after failed Provident Financial bid
20th Aug 2019 10:02
(Sharecast News) - Lender Non-Standard Finance reported a widening of its pre-tax losses on Tuesday as it was hit by costs associated with a failed £1.3bn bid for larger rival Provident Financial.
Read moreDirector dealings: Non-Standard Finance director and spouse up stakes
26th Jun 2019 15:50
(Sharecast News) - Non-Standard Finance revealed on Wednesday that executive director Miles Cresswell-Turner had acquired 70,000 ordinary shares in the UK-based consumer finance company.
Read moreNon-Standard Finance abandons plans to buy Provident Financial
5th Jun 2019 07:45
(Sharecast News) - Non-Standard Finance has abandoned its hostile £1.3bn offer for larger rival Provident Financial.
Read moreCMA launches investigation into NSF-Provident Financial deal
29th May 2019 09:05
(Sharecast News) - The Competition and Markets Authority has launched an investigation into whether Non-Standard Finance's proposed £1.3bn takeover of larger doorstep lender Provident Financial would lessen competition for consumers.
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