13 Feb 2020 07:00
13 February 2020
PCF Group plc
("PCF", the "Company" or the "Group")
PCF publishes 2019 Annual Report and Notice of Annual General Meeting
The directors of PCF are pleased to advise that the Company's Annual Report for the financial year ended 30th September 2019 has today been published and is available for immediate viewing on the Company's website, www.pcf.bank.
The Annual Report includes within it the Notice of Annual General Meeting, which will take place at 1 Cornhill, London EC3V 3ND on Friday 6th March 2020 at 10.00am.
The Annual Report and Notice of Annual General Meeting will be posted to all shareholders.
- end -
For further information, please contact:
PCF Group plc Scott Maybury, Chief Executive Officer Robert Murray, Managing Director David Bull, Finance Director
|
| Tel: +44 (0) 20 7222 2426 |
Tavistock Communications Simon Hudson / Edward Lee/Tim Pearson
|
| Tel: +44 (0) 20 7920 3150 |
Panmure Gordon (Nominated Advisor and Joint Broker) Atholl Tweedie / Joanna Langley - Corporate Finance Charles Leigh-Pemberton - Corporate Broking
|
|
Tel: +44 (0) 20 7886 2500 |
Shore Capital (Joint Broker) Henry Willcocks - Corporate Broking
|
| Tel: +44 (0) 20 7408 4080 |
About PCF Group plc (www.pcf.bank)
Established in 1994, PCF Group plc is the AIM-quoted parent of the specialist bank, PCF Bank Limited. Since commencing operations as a bank in 2017, the Group has increased its lending portfolio significantly from £146million to £339million. The Group will retain its focus on portfolio quality and has the capability to lend increasingly to prime segments of its existing finance markets. The Group has also recently diversified its lending products and asset classes through acquisition and by setting up new organic operations.
PCF Bank currently offers retail savings products for individuals and then deploys those funds through its four lending divisions:
• Business Finance which provides finance for vehicles, plant and equipment to SMEs;
• Consumer Finance which provides finance for motor vehicles to consumers;
• Azule Limited which provides finance to the broadcast and media industry; and
• Bridging Property Finance which provides loans to companies and sole traders investing in residential property.
The Group has a track record of strong financial performance and an efficient and scalable business model, with significant room to grow. Utilising its technologically advanced platform, the Bank provides both depositors and borrowers with a high level of service and a straightforward, simple range of products tailored to suit their needs.
For media enquiries please contact media@pcf.bank