Findel's Express Gifts to undertake £12.5m refund programme - FCA
Shares in Findel are down after the Financial Conduct Authority said its subsidiary, Express Gifts, will undertake a £12.5m customer-refund programme in relation to financial products it previously sold.
FTSE All-Share
4,423.59
17:14 26/04/24
n/a
n/a
FTSE Small Cap
6,484.28
16:59 26/04/24
n/a
n/a
General Retailers
3,910.25
16:59 26/04/24
-0.13%
-5.27
Studio Retail Group
115.00p
16:40 11/02/22
0.00%
0.00p
Findel said at the time of its interim results in November 2016 that it had already made provisions for this programme.
At 13:49 GMT, shares in Findel were down 1.7% to 202p.