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Pin to quick picksOrchard Funding Regulatory News (ORCH)

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Holding(s) in Company - Replacement

1 Apr 2019 13:56

RNS Number : 7055U
Orchard Funding Group PLC
01 April 2019
 

1st April 2019

 

Correction - Holdings in Company

 

This announcement is a replacement for one released earlier today at 10.53 am. The only item changed relates to the price of shares purchased whereby the figure is 87.5p per Share and not 88.95p per Share as previously stated.

 

Orchard Funding Group PLC

 

Holdings in Company

 

Orchard Funding Group ("Orchard" or "Company"), the finance group which specialises in insurance premium finance and the professions funding market, announces that it was notified on Friday, 29th March 2019 that NMB Group Limited Employee Benefit Trust purchased 635,418 ordinary shares of 1 pence each ("Shares") at 87.5p per Share and now holds 3.54% of the issued share capital of the Company. The Company notes that Ravi Takhar, CEO of the Company, is a beneficiary of the NMB Group Limited Employee Benefit Trust.

 

For further information, please contact:

Orchard Funding Group PLC +44 (0)1582 346 248

Ravi Takhar, Chief Executive Officer

Liberum (Nomad and Broker) +44 (0)20 3100 2222

Neil Patel

Richard Bootle

Laura Hamilton 

 

For Investor Relations please go to: www.orchardfundinggroupplc.com

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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