TIDMPCF

RNS Number : 0466G

PCF Group PLC

19 July 2019

19 July 2019

PCF Group plc

("PCF", the "Bank" or the "Group")

Change of Adviser

PCF Group plc, the AIM-listed specialist bank, announces the appointment of Shore Capital Stockbrokers Limited as its joint broker, with immediate effect. This follows the acquisition of Stockdale Securities Limited by Shore Capital Markets Limited.

For further information, please visit https://pcf.bank/ or contact:

 
 
   PCF Group plc                                     Tel: +44 (0) 20 
   Scott Maybury, Chief Executive Officer            7222 2426 
   Robert Murray, Managing Director 
   David Bull, Finance Director 
 Tavistock Communications                          Tel: +44 (0) 20 
  Jos Simson / Simon Hudson / Edward Lee            7920 3150 
 
   Panmure Gordon (UK) Limited                       Tel: +44 (0) 20 
   Atholl Tweedie - Corporate Finance                7886 2500 
   Charles Leigh-Pemberton - Corporate Broking 
 
   Shore Capital                                     Tel: +44 (0) 20 
   Robert Finlay / Richard Johnson - Corporate       7408 4090 
   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 commencing operations as a bank in 2017, the Group has increased its lending portfolio significantly, targeting an initial portfolio of GBP350 million by 2020 and growing to a GBP750 million portfolio by 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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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July 19, 2019 02:00 ET (06:00 GMT)

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