PCF Group PLC Result of AGM (3309S)
08 Marzo 2019 - 5:19AM
UK Regulatory
TIDMPCF
RNS Number : 3309S
PCF Group PLC
08 March 2019
8 March 2019
PCF Group plc
("PCF", the "Company" or the "Group")
Result of the Annual General Meeting
The Directors of PCF are pleased to announce that, at the
Company's Annual General Meeting held today, all resolutions were
duly passed.
- end -
For further information, please contact:
PCF Group plc Tel: +44 (0) 20 7222
Scott Maybury, Chief Executive Officer 2426
Robert Murray, Managing Director
David Bull, Finance Director
Tavistock Communications Tel: +44 (0) 20 7920
Jos Simson / Simon Hudson / Edward Lee 3150
Panmure Gordon (UK) Limited Tel: +44 (0) 20 7886
Atholl Tweedie - Corporate Finance 2500
Charles Leigh-Pemberton - Corporate Broking
Stockdale Securities Tel: +44 (0) 20 7601
Robert Finlay / Richard Johnson - Corporate 6100
Finance
Henry Willcocks - Corporate Broking
About PCF Group plc (www.pcf.bank)
Established in 1994, PCF Group plc is the AIM-listed parent of
specialist bank, PCF Bank Limited. Since becoming a bank in 2016,
the Group has the capability to increase its lending portfolio
significantly, with an initial portfolio target of GBP350 million,
growing to GBP750 million by September 2022. The Group will retain
its focus on portfolio quality, lending increasingly to the prime
segment of its existing finance markets. The Group has also
recently diversified its lending products and asset classes through
acquisition and by setting up new organic operations.
PCF Bank currently offers retail savings products for
individuals and then deploys those funds through its four lending
divisions:
-- Business Finance which provides finance for vehicles, plant and equipment to SMEs;
-- Consumer Finance which provides finance for motor vehicles to consumers;
-- Azule Limited which provides finance to the broadcast and media industry; and
-- Bridging Property Finance which provides loans to companies
and sole traders investing in residential property
The Group has a track record of strong financial performance and
an efficient and scalable business model, with significant room to
grow. Utilising its technology platform, the Bank provides both
depositors and borrowers with a high level of service and a
straightforward, simple range of products tailored to suit their
needs.
For media enquiries please contact media@pcf.bank
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END
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