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Last checked at 
31 Jul 2019 07:00
Distribution Finance Capital Holdings plc
("DFC Holdings" or together with its subsidiary "DFC Ltd", "DFC" or the "Company")
Trading update, Bank licence re-submission and confirmation of half-year results publication date
The Company has had a positive first half of the year with loan balances up 47% in H1, rising to £168m as at 30 June 2019. The customer demand for DFC's products has been strong and overall the business is trading well, with a positive trajectory continuing into H2. This should result in a year end outcome in-line with expectations.
On 26 July 2019, DFC had a meeting with the Prudential Regulation Authority ("PRA") and the Financial Conduct Authority ("FCA") where it was agreed that DFC will re-submit the required information for its licence application following final checks within the next 10 days.
DFC's full half year results will be published on 19 September 2019, at which point the Company will give further guidance on the licence application progress and in addition, the outlook for the business.
Enquiries
Distribution Finance Capital Holdings plc +44 (0) 20 3937 6406
Chris Dailey, Chief Executive Officer
Gavin Morris, Chief Financial Officer
http://www.dfcapital-investors.com
Macquarie Capital (Europe) Limited (NOMAD and broker) +44 (0) 20 3037 2000
Alex Reynolds
Jonny Allison
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 ("MAR"). The person responsible for arranging release of this information on behalf of the Company is Amelia Elson.
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