Provident Financial sees 80% shares recovery

Shares in troubled Provident Financial soared by more than 80%, yesterday before paring back slightly, after the British sub-prime lender announced a £331m (€376m) share sale that will increase its capital by more than a third.

Provident Financial sees 80% shares recovery

By Noor Zainab Hussain

Shares in troubled Provident Financial soared by more than 80%, yesterday before paring back slightly, after the British sub-prime lender announced a £331m (€376m) share sale that will increase its capital by more than a third.

Already a subscriber? Sign in

You have reached your article limit.

Subscribe to access all of the Irish Examiner.

Annual €130 €80

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited