Edition:
United States

Just Group PLC (JUSTJ.L)

JUSTJ.L on London Stock Exchange

93.20GBp
13 Dec 2018
Change (% chg)

-- (--)
Prev Close
93.20
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
4,786,292
52-wk High
173.00
52-wk Low
69.15

Latest Key Developments (Source: Significant Developments)

Just Group Comments On Policy Statement By PRA
Monday, 10 Dec 2018 02:20am EST 

Dec 10 (Reuters) - Just Group PLC ::NOTES POLICY STATEMENT 31/18 RELEASED BY PRUDENTIAL REGULATION AUTHORITY."WELCOMES" PRA'S CONFIRMATION THAT TRANSITIONAL RELIEF WILL REMAIN AVAILABLE FOR PRE-2016 BUSINESS.  Full Article

Just Group Confirms Simon Thomas Resigned As CFO
Wednesday, 31 Oct 2018 08:00am EDT 

Oct 31 (Reuters) - Just Group PLC ::DIRECTORATE CHANGE.SIMON THOMAS HAS RESIGNED FROM HIS ROLE AS CHIEF FINANCIAL OFFICER.THOMAS CEASED TO CFO AND AN EXECUTIVE DIRECTOR OF JUST WITH EFFECT FROM 31 OCTOBER 2018.  Full Article

Just Group total 9-months new business sales 2.28 bln stg
Wednesday, 31 Oct 2018 03:05am EDT 

Oct 31 (Reuters) - Just Group PLC ::TOTAL NEW BUSINESS SALES UP 40 PCT TO 2,282 MLN STG.SAYS RETIREMENT INCOME SALES FOR 9M18 WERE 44% HIGHER THAN FOR 9M17.SAYS DB SALES FOR 9M18 WERE UP 91% TO £1,081M.SAYS GUARANTEED INCOME FOR LIFE ("GIFL") SALES FOR 9M18 WERE UP 3% TO £627M.SAYS LIFETIME MORTGAGE ("LTM") ADVANCES OF £483M WERE UP 32% ON 9M17.SAYS JUST GROUP HAS SUBMITTED ITS RESPONSE TO CONSULTATION PAPER ("CP") 13/18.SAYS BOARD IS PREPARING FOR A WIDE RANGE OF POSSIBLE OUTCOMES AND REMAINS IN CONSTRUCTIVE DIALOGUE WITH PRA.SAYS REMAINS FOCUSED ON ACHIEVING ATTRACTIVE RETURNS ON CAPITAL FROM NEW BUSINESS AND, IN ANTICIPATION OF POTENTIAL INCREASE IN CAPITAL REQUIREMENTS AS A RESULT OF CP13/18, HAS STRENGTHENED ITS PRICING DISCIPLINE FURTHER DURING QUARTER.SAYS WHILST PRICE INCREASES WILL AFFECT SALES IN FINAL QUARTER WE REMAIN CONFIDENT OF DELIVERING A STRONG PERFORMANCE FOR YEAR.  Full Article

BRIEF-Just Group CEO sees UK 2018 bulk annuity deals well over 12 bln stg
Thursday, 15 Mar 2018 06:56am EDT 

Corrects headline and first bullet point to 12 billion pounds, not 20 billion pounds:CEO RODNEY COOK SEES UK 2018 BULK ANNUITY DEAL TOTAL AT "WELL OVER 12 BILLION POUNDS".CEO SAYS BULK ANNUITY PIPELINE "STRONGER THAN EVER"; WANTS TO PICK UP PACE OF DEALS.CEO: EXPECTS TO LAUNCH A PLATFORM TO HELP FINANCIAL ADVISORS SERVICE LESS-WEALTHY CUSTOMERS BEFORE YEAR-END.  Full Article

Just Group ‍says adjusted operating profit up 35 percent, final dividend up 6 percent
Thursday, 15 Mar 2018 03:09am EDT 

March 15 (Reuters) - Just Group Plc ::‍GROUP'S FOCUS ON PROFIT OVER VOLUME HAS DELIVERED A 35% PRO FORMA 2 INCREASE IN ADJUSTED OPERATING PROFIT​.‍STATUTORY NET PROFIT IN 12 MONTHS TO DECEMBER 2017 WAS £155M, UP FROM £148M IN 18 MONTHS TO DECEMBER 2016​.‍NEW BUSINESS PROFIT 3 INCREASED TO £170M, UP 37% COMPARED TO PRO FORMA 2016 2​.‍NEW BUSINESS MARGIN ROSE TO 9.0% FROM 6.8% PRO FORMA​.‍BOARD PROPOSES A FINAL DIVIDEND UP 6% TO 2.55P, MAKING 3.72P OF TOTAL DIVIDENDS FOR YEAR, ALSO UP 6%​.‍JUST ACHIEVED A COST SYNERGY RUN RATE OF £52M, ONE YEAR AHEAD OF SCHEDULE AND 30% ABOVE OUR INITIAL TARGET. MERGER IS NOW SUBSTANTIALLY COMPLETE​.‍NEW BUSINESS OPERATING PROFIT WAS £169.8M FOR 2017, AN INCREASE OF 37% COMPARED TO PRIOR YEAR, AND ADJUSTED OPERATING PROFIT BEFORE TAX GREW IN SAME PERIOD BY 35% AND WAS £220.6M​.  Full Article

Just Group Says Deputy Chairman Tom Cross Brown Will Retire
Tuesday, 13 Mar 2018 03:02am EDT 

March 13 (Reuters) - Just Group Plc ::JUST GROUP PLC - DEPUTY CHAIRMAN, TOM CROSS BROWN, WILL RETIRE AT NEXT AGM ON 17 MAY 2018.  Full Article

Just Says Raised 230 Mln Stg Of Tier 3 Capital Via Bond Issue​
Wednesday, 7 Feb 2018 07:00am EST 

Feb 7 (Reuters) - Just Group Plc ::‍HAS RAISED £230 MILLION OF TIER 3 CAPITAL VIA A 3.5% STERLING DENOMINATED BBB RATED 7 YEAR ISSUE​.‍BONDS WILL BE LISTED ON EURO MTF MARKET OF LUXEMBOURG STOCK EXCHANGE​.  Full Article

Just Group ‍Placing Shares Represent Approximately 5.3% Of Company's Issued Share Capital.​
Tuesday, 9 Jan 2018 02:04am EST 

Just Group Plc ::‍PERMIRA ( "SELLER"), SELLER ANNOUNCES THAT IT HAS SOLD AN AGGREGATE OF 50 MILLION ORDINARY SHARES IN JUST GROUP ( PLACING SHARES") AT A PRICE OF 157 PENCE PER SHARE ( "PLACING"​.‍PLACING SHARES REPRESENT APPROXIMATELY 5.3% OF COMPANY'S ISSUED SHARE CAPITAL.​.  Full Article

Just Group posts 3 pct rise in 9-mth statutory total sales
Wednesday, 1 Nov 2017 03:00am EDT 

Nov 1 (Reuters) - Just Group Plc :‍TOTAL RETIREMENT SALES FOR 9M 17 WERE 1% LOWER THAN PRO FORMA 2 NINE MONTH COMPARATIVE.‍STATUTORY BASIS TOTAL SALES ROSE 3% FROM £1,583M IN 9M 16 TO £1,631M IN 9M 17​.‍9M 17 LIFETIME MORTGAGE (LTM) ADVANCES OF £367M AMOUNTED TO 30% OF RETIREMENT INCOME SALES, AS WE CONTINUE TO OPTIMISE MATCHING​.‍GUARANTEED INCOME FOR LIFE (GIFL) 9M 17 SALES WERE BROADLY FLAT​.‍MERGER COST SAVINGS NOW EXCEED £45M REVISED TARGET RUN RATE AND REMAIN A KEY ELEMENT OF DELIVERING A BETTER RETURN ON EQUITY.‍DEFINED BENEFIT DE-RISKING SALES OF £564M IN 9M 17 WERE BROADLY IN LINE WITH PRO FORMA 9M 16​.  Full Article

Bookrunner to place about 93 mln shares in Just Group ABB
Monday, 25 Sep 2017 11:39am EDT 

Sept 25 (Reuters) - Bookrunner::BLOCK TRADE - JUST GROUP : BOOKRUNNER TO SELL C.93 MILLION SHARES IN JUST GROUP, WHICH REPRESENTS APPROXIMATELY 10% OF COMPANY'S ISSUED SHARE CAPITAL.BLOCK TRADE - JUST GROUP : BOOKRUNNER SAYS PLACING SHARES ARE BEING OFFERED BY WAY OF ABB, TO BE LAUNCHED IMMEDIATELY FOLLOWING THIS ANNOUNCEMENT.BLOCK TRADE - JUST GROUP : BOOKRUNNER SAYS BARCLAYS BANK AND NUMIS SECURITIES ACTING AS JOINT BOOKRUNNERS IN CONNECTION WITH PLACING.  Full Article