PCF.L Regulatory News (PCF)

13 Dec 2005 07:30

Private & Commercial Fin Group Plc13 December 2005 PRIVATE & COMMERCIAL FINANCE GROUP PLC ("PCFG" or "the Company") TRADING STATEMENT 13 December 2005 The Directors of PCFG are pleased to provide an update on current trading: • New business in both divisions continues to be buoyant • In November aggregate new advances totalled over £4.5 million - a new record for the Company • We are moving to larger premises at the end of the month Tony Nelson, Chief Executive of PCFG said: "Trading is pleasing, including inthe highly competitive motor finance market, where another competitor hasrecently left the field. With the active backing and encouragement of our new23% shareholder, Aberdeen Holdings, we are making good progress and, in thetraditionally quieter fourth quarter, continuing the high rate of organic growthalready reported for the third quarter." This information is provided by RNS The company news service from the London Stock Exchange