The acquisition of International Personal Finance by IPF Parent Holdings has become effective, completing the court-sanctioned process that will remove the specialist consumer lender from the London Stock Exchange.
Shareholders registered at 6pm on 3 August will receive a total acquisition value of 250p for each scheme share. The payment comprises 235p of cash consideration from the buyer and a 15p special dividend from International Personal Finance.
Settlement is due no later than 18 August, either through credited CREST accounts or cheques sent to shareholders holding certificated shares.
Trading in the company’s shares was suspended at 7.30am on 4 August. The cancellation of its listing and admission to trading on the London Stock Exchange’s main market is expected to take effect by 8am on 5 August.
The scheme became effective after the High Court sanctioned it on 31 July and the court order was delivered to the Registrar of Companies. Share certificates have ceased to be valid documents of title, and uncertificated holdings are being cancelled through CREST.
The transaction is being carried out by IPF Parent Holdings, a company within the same group as BasePoint Capital. The original recommended offer was announced in December 2025 at 235p a share.
After engagement with shareholders, the buyer and International Personal Finance agreed revised terms in February. The additional 15p special dividend increased the value payable under the final offer to 250p, alongside shareholders’ entitlement to retain the company’s previously declared final dividend where eligible.
The revised offer followed pressure from investors to improve the terms before the company was taken private. Once the court process completed and remaining conditions were satisfied, the scheme transferred ownership of the issued share capital to the buyer automatically.
Four directors — Stuart Sinclair, Katrina Cliffe, Richard Holmes, and Aileen Wallace — stepped down from the board when the acquisition became effective. The transaction also ended the formal offer period and the associated takeover disclosure requirements.
International Personal Finance provides consumer credit through operations in several international markets. Its business combines home-credit operations and digital lending, serving customers who may have limited access to mainstream banking products.
The company reported 1.74m customers at the end of the first half of 2026, an increase of 5.4% from a year earlier. Customer lending rose by 18.5% to £781.7m, while closing net receivables increased by 17.4% to £1.17bn.
The ownership change is therefore taking place while the underlying loan book is expanding. BasePoint will inherit the opportunities and risks associated with growth across different regulatory, currency, funding, and consumer-credit environments.
Taking the company private removes the reporting cycle and daily share-price scrutiny attached to a public listing. It may allow management and owners to make longer-term changes without seeking support from a dispersed shareholder base.
Private ownership does not remove external discipline. International Personal Finance remains dependent on debt markets, banking facilities, regulatory permissions, responsible lending standards, and the performance of customers across its operating countries.
The group maintains a diversified funding structure involving bonds, term loans, and revolving credit facilities. Future financing costs will depend on leverage, operating performance, market conditions, and the confidence of lenders after the ownership change.
The transaction also contributes to the continuing reduction in the number of companies quoted in London. Although International Personal Finance is smaller than some recent takeover targets, its departure removes another established operating business from the public market.
For shareholders, the remaining process is largely administrative, with settlement expected within 14 days of the scheme becoming effective. Attention within the company now turns to the investment, funding, and growth priorities set under BasePoint ownership.
The completion follows revised financial terms, shareholder engagement, court sanction, and market suspension. Its performance will no longer be reflected in a London-listed share price, but will remain visible to customers, regulators, employees, and debt investors.
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