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Market Cap: £137.09m
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AGM Statement

8 May 2014 15:18

RNS Number : 6354G
Arbuthnot Banking Group PLC
08 May 2014
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ο»Ώ

PRESS RELEASE

For immediate Release

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8 May 2014

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ARBUTHNOT BANKING GROUP PLC

Annual General Meeting Statement - 2014

The Board of Arbuthnot Banking Group PLC ("ABG" or "the Group") announces that shareholders approved all the resolutions proposed at the Annual General Meeting held today Thursday 8 May 2014.

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At the meeting the Chairman, Henry Angest, made the following statement:

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"The Group has started the year well. Both banks have traded robustly and have delivered strong growth in lending volumes. Overall, customer loan balances finished the first quarter in excess of 20% higher than the previous year.

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"In accordance with our cautious management of the balance sheet, both banks remain well funded and capitalised.

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"The Group is confident of developing its business and is well positioned to make further positive progress during the year."

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-ENDS-

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Note Secure Trust Bank PLC issued its AGM statement on 7 May 2014 and this should be read in conjunction with this statement.

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ENQUIRIES:

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Arbuthnot Banking Group

Henry Angest, Chairman and Chief Executive

020 7012 2400

Andrew Salmon, Chief Operating Officer

James Cobb, Group Finance Director

David Marshall, Director of Communications

Canaccord Genuity Ltd (Nominated Advisor)

Lawrence Guthrie

020 7665 4500

Sunil Duggal

Numis Securities Ltd (Broker)

Chris Wilkinson

020 7260 1000

Mark Lander

Bell Pottinger (Financial PR)

Ben Woodford

020 7861 3917

Dan de Belder

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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AGMAPMITMBBMBAI
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