THIS ANNOUNCEMENT CONSTITUTES INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED.
STATEMENT IN RESPONSE TO PRESS SPECULATION
The Board of Phoenix Group Holdings plc ("Phoenix") notes the recent press speculation regarding the potential sale of its European businesses and confirms that it is now in advanced discussions in respect of a potential sale.
A sale of the European businesses will only be considered if it maximises value for shareholders. Discussions are on-going and there can be no certainty that any transaction will be agreed.
The person responsible for arranging for the release of this announcement on behalf of Phoenix is Gerald Watson, Group Company Secretary.
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Enquiries
Investors/analysts:
Claire Hawkins, Director of Corporate Affairs and Investor Relations, Phoenix Group
+44 (0)20 3735 0575
Andrew Downey, Head of Investor Relations, Phoenix Group
+44 (0)20 3735 0160
Media:
Douglas Campbell, Teneo
+44 (0)775 313 6628
Haya Herbert Burns, Teneo
+44 (0)734 203 1051
Shellie Wells, Head of Corporate Communications, Phoenix Group
+44 (0)20 3735 0922
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