FirstRand downgraded to neutral from buy at Citi
FirstRand issues correction to voluntary update to shareholders on the UK motor commission matter (ZAR 87.03, 0.00)
FirstRand updates on UK motor commission matter; now expects FY normalised earnings post the motor provision to contract between (10%)-(15%) (ZAR 87.23, +0.59)
Follow-up: FirstRand is conducting analysis of potential financial implications following UK Motor Finance Commission announcement (ZAR 85.05, -1.27)
FCA confirms motor finance redress scheme
FirstRand reports H1 HEPS ZAR4.15 vs FactSet ZAR4.25 [1 est] (ZAR 92.64, 0.00)
UK's FCA has not yet been made a final decisions on motor finance compensation scheme; will likely introduce an implementation period
StreetAccount Summary: EU stocks reaching new 52-week highs/lows (68 total)
UK's FCA to lift the pause on the handling of motor finance complaints on 31-May-26, rather than 31-Jul-26 as originally consulted on
FirstRand H1 trading update: confirms expectation to deliver FY earnings growth off the prior year base of high mid-teens (ZAR 83.41, +1.41)
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