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
4,586.29
16:50 10/05/24
n/a
n/a
FTSE Small Cap
6,705.05
17:09 10/05/24
n/a
n/a
General Retailers
4,048.84
17:09 10/05/24
1.14%
45.61
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.