Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPCF.L Share News (PCF)

  • There is currently no data for PCF

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

INTERVIEW: Private & Commercial Eyes Significant Bank Facility

Tue, 29th Jun 2010 10:11

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 it the firepower needed to become a market consolidator. "It's only with that increase that we could become a market consolidator and grab market share," Maybury said. "We wouldn't sniff at a GBP5 million or GBP10 million facility but we're thinking bigger than that. We want a game changing facility." Maybury added that while its existing banks are supportive, it would be approaching new banks for the funding including institutions in economies less affected by the global recession such as India, China and Australia. Other forms of funding--such as the bond market and securitization--aren't off the cards either. "Funding could take one of several forms," Maybury said. -By Rachael Gormley, Dow Jones Newswires; 44-20-7842-9308; rachael.gormley@dowjones.com (END) Dow Jones Newswires June 29, 2010 05:11 ET (09:11 GMT)
More News
8 Mar 2019 09:41

PCF Group Reports Strong Growth In Lending, New Business

LONDON (Alliance News) - Specialist bank PCF Group PLC on Friday said performance so far in its financial year has been strong, with one target being beaten ahead of schedule.Since last in

Read more
20 Feb 2019 14:41

PCF Group Raises GBP10 Million Via 33 Million Share Placing (ALLISS)

LONDON (Alliance News) - Specialist bank PCF Group PLC on Wednesday said it raised GBP10 million via the placing of 33.3 million shares at 30 pence each.PCF shares were trading down 6.6% at

Read more
5 Dec 2018 10:10

PCF Hikes Final Dividend After Annual Profit And Income Jump

LONDON (Alliance News) - Specialist finance firm PCF Group PLC hiked its final dividend Wednesday after annual profit and income rose as its portfolio continues to grow strongly.For the 44%

Read more
5 Dec 2018 08:25

PCF boosts dividend after banking a profit increase

(Sharecast News) - PCF Group hiked its final dividend by over 50% on Wednesday after reporting that full-year profits jumped in its first full year as a bank.

Read more
15 Oct 2018 16:02

UK Earnings, Trading Statements Calendar - Next 7 Days

Tuesday 16 October FootasylumHalf Year ResultsBritish American TobaccoTrading Year Year

Read more
8 Oct 2018 12:05

PCF To Acquire Finance Provider Azule For Up To GBP5.6 Million (ALLISS)

LONDON (Alliance News) - Commercial lender PCF Group PLC said on Monday it has acquired specialist finance provider Azule Ltd for an initial GBP4.1 million in cash and shares.Of the GBP3.3

Read more
9 Sep 2018 10:59

Sunday share tips: Immupharma, PCF Bank

(Sharecast News) - For the 'Inside the City' column in the Sunday Times, Sabah Meddings wrote a "cautionary tale" about former biotech darling Immupharma, which last year saw its shares rise 227% over a year.

Read more
23 May 2018 13:27

PCF Group Moves Towards "Ambitious" Targets As Interim Profit Rises

LONDON (Alliance News) - PCF Group PLC on Wednesday reported an increase in profit in the first half of its 2018 financial year, boosted by its Business Finance unit.The financial services

Read more
20 Oct 2016 07:47

Private & Commercial Finance To Slightly Outpace Market Expectations

Read more
11 Jul 2016 09:23

Private & Commercial Finance Gets Loan From Majority Shareholder

Read more
9 Jun 2016 08:20

Private & Commercial Finance Profit Up On New Business Growth

Read more
14 Apr 2016 07:21

Private & Commercial Finance To Beat Market View After Good First Half

Read more
14 Jan 2016 14:55

DIRECTOR DEALINGS: Private & Commercial Finance Director Buys Shares

Read more
1 Dec 2015 08:43

Private & Commercial Finance Outlook Boosted After Profit Jump

Read more
29 Oct 2015 17:38

DIRECTOR DEALINGS: Private & Commercial Director Converts Loan Notes

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.