DFCH Distribution Finance Capital Holdings Plc

TIDMDFCH

RNS Number : 9791N

Distribution Finance Cap. Hldgs PLC

05 October 2021

5 October 2021

Distribution Finance Capital Holdings plc

("DF Capital" or the "Company" together with its subsidiaries the "Group")

Third Quarter Loan Book

Distribution Finance Capital Holdings plc, a specialist bank providing working capital solutions to dealers and manufacturers across the UK, today announces that the momentum in growing its loan book announced in its interim results continues and confirms its loan book reached GBP202m as at 30 September 2021, up 78% since the start of the year.

Carl D'Ammassa, Chief Executive, commented: "We are making good progress in growing our loan book through this key period of re-stocking for dealers, underpinned by the strong aggregated facility pipeline of over GBP1.5bn laid out at the time of our interim results. It is pleasing to see that our efforts to deliver greater growth in the commercial sectors are paying off, with commercial lending representing over 40% of our loan balance at the end of the quarter."

For further information contact:

 
 Distribution Finance Capital Holdings 
  plc 
 Carl D'Ammassa - Chief Executive Officer    +44 (0) 161 413 3391 
 Kam Bansil - Head of Investor Relations     +44 (0) 7779 229508 
 http://www.dfcapital-investors.com 
 
 Investec Bank plc (Nomad and Broker)       +44 (0) 207 597 5970 
 David Anderson 
  Bruce Garrow 
  Harry Hargreaves 
  Maria Gomez de Olea 
 
 

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October 05, 2021 02:00 ET (06:00 GMT)

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