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29 Oct 2015 17:30
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29 October 2015
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Private & Commercial Finance Group plc
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("PCFG", the "Company" or the "Group")
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Director Shareholding
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The Company was informed on 27 October 2015 that, on 30 September 2015, Nick Winks, Non-Executive Director, issued notice to convert 10,000 Β£1 nominal 6% Convertible Unsecured Loan Notes 2016 (the "2016 CULS") and subsequently was issued a total of 117,647 ordinary shares in the Company ("Ordinary Shares") in connection with the conversion of 2016 CULS announced by the Company on 2 October 2015. In accordance with the terms of the Conversion, the 2016 CULS had a conversion price of 8.5 pence per Ordinary Share.
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Following this transfer, Mr Winks is interested in 117,647 Ordinary Shares, representing approximately 0.08 per cent. of PCFG's Ordinary Share capital.
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For further information please contact:
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Private & Commercial Finance Group Scott Maybury, Chief Executive Officer Robert Murray, Managing Director Zane Kerse, Finance Director Β | Tel: +44 (0) 20 7222 2426 |
Tavistock Communications Chris Munden / Niall Walsh Β | Tel: +44 (0) 20 7920 3150 |
Panmure Gordon (UK) Limited Fred Walsh / Peter Steel / Atholl Tweedie Β | Tel: +44 (0) 20 7886 2500 |
Westhouse Securities Henry Willcocks Β | Tel: +44 (0) 20 7601 6100 |
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About Private & Commercial Finance Group plc (www.pcfg.co.uk)
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Established in 1994, Private & Commercial Finance Group plc is an AIM-quoted finance house which has two main operating divisions:
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β’ Consumer Finance which provides finance for motor vehicles to consumers; and
β’ Business Finance which provides finance for vehicles, plant and equipment to SMEs.
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The Group has a highly efficient and scalable business model, utilising its specially developed internet-based proposal system to service national networks of brokers and suppliers.
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