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IN BRIEF: Castle Trust pulls out of deal for PCF Group

Fri, 30th Sep 2022 06:57

PCF Group - London-based specialist bank - Castle Trust Capital PLC confirms that it does not intend to make an offer for PCF Group. PCF Group has been in talks with Castle Trust, a London-based bank offering savings accounts and mortgage lending, about a possible all-share takeover. On Tuesday PCF Group had granted an extension to the put-up-or-shut-up deadline a third time, making it October 25.

Current stock price: 2.33 pence, closed down 25% on Thursday

12-month change: down 82%

By Chris Dorrell; chrisdorrell@alliancenews.com

More News

29 Jun 2010 12:30

UK SMALLCAP ROUNDUP: Chloride Up As Emerson Trumps ABB

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps EMERSON ELECTRIC CO. (EMR), a U.S. power and industrial-automation company, Tuesday returned with a sweetened offer to buy CHLORIDE GROUP PLC (CHLD.LN) f

29 Jun 2010 10:58

UPDATE: Private & Commercial In Funding Hunt To Grow Revenue

(Adds executive comments, analyst comment and share price.) By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. finance house Private & Commercial Finance Group PLC (PCF.LN) Tuesday said it is on the hunt for new funding that would allow it to write more business, improve

29 Jun 2010 10:11

INTERVIEW: Private & Commercial Eyes Significant Bank Facility

By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. finance house Private & Commercial Finance Group PLC (PCF.LN) wants to double its GBP120 million banking facilities, Chief Executive Scott Maybury said Tuesday, adding it is seeking a "game changing facility" that would give

29 Jun 2010 09:30

Private & Commercial Seeks New Funding; FY10 Pretax Profit Doubles

LONDON (Dow Jones)--U.K. finance house Private & Commercial Finance Group PLC (PCF.LN) Tuesday reported a jump in full-year pretax profit as it cut costs and said it is actively looking for new sources of funding. P&C, which provides vehicle and plant equipment finance, posted a pretax profit of

23 Jun 2009 09:04

Small caps round-up: Veris, Hightex, Inion ...

Property services group Veris posted a pre-tax loss of €6.7m versus the €4.8m profit last year due to the €11.3m write off of assts in the Moving and Storage division. Turnover grew by 29% in the year to €84.3m. "We anticipate that any new business wins in the short term will be offset to a greater

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IN BRIEF: Castle Trust pulls out of deal for PCF Group

UK SMALLCAP ROUNDUP: Chloride Up As Emerson Trumps ABB

UPDATE: Private & Commercial In Funding Hunt To Grow Revenue

INTERVIEW: Private & Commercial Eyes Significant Bank Facility

Private & Commercial Seeks New Funding; FY10 Pretax Profit Doubles

Small caps round-up: Veris, Hightex, Inion ...

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