Workflow
Update following the UK Motor Finance commission Supreme Court ruling
Globenewswireยท2025-08-04 05:50

Core Viewpoint - Ayvens welcomes the UK Supreme Court judgment regarding the UK Motor Finance Commission and believes that the provisions recorded for potential liabilities remain adequate [1][2]. Group 1: Company Overview - Ayvens is a leading global player in sustainable mobility, providing services such as full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions [2]. - The company operates with over 14,000 employees across 41 countries and manages 3.2 million vehicles, including the world's largest multi-brand electric vehicle fleet [3]. - Ayvens is listed on Compartment A of Euronext Paris with the ISIN FR0013258662 and Ticker AYV, and is majority-owned by Societe Generale Group [3]. Group 2: Financial Implications - The company will continue to assess the implications of the Supreme Court judgment and review its estimates following the publication of the final FCA redress scheme rules [2].