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Findel confirms provision for Express Gifts' refund

17 February 2017 09:36

Findel has confirmed that provisions for a customer refund programme by its subsidiary Express Gifts have already been made.

Findel said the Financial Conduct Authority issued a press release today noting that Express Gifts would be undertaking a £12.5m customer refund programme in relation to financial products it previously sold.

In a short statement, Findel said: "As set out at Findel's interim results on 30 November 2016, provisions for this programme have already been made."

At 9:36am: (LON:FDL) Findel PLC share price was -4.5p at 201p

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