Cancellation update

19 December 2022

PCF Group plc

(the "Company")

Cancellation update

Cancellation

PCF Group plc today provides a further update in respect of its AIM listing as detailed in its circular to shareholders of 22 November 2022 (the "Cancellation Circular") - a copy of which can be found on the Company's website  Investors | PCF Bank in the Notifications made in the last 12 months section.

As detailed in the Cancellation Circular, the last day of trading of the Company's Ordinary Shares on AIM will be today, 19 December 2022 and the cancellation of trading on AIM will be effective from 7.00 a.m. (London time) on 20 December 2022.

Asset Match Share Trading platform

As announced on the 9 December 2022, the Company has put in place a Matched Bargain Facility with Asset Match (www.assetmatch.com) to enable holders of Ordinary Shares in the Company to trade their Ordinary Shares upon that cancellation of trading on AIM.

Shareholders will continue to be able to hold their shares in uncertificated form (i.e. in CREST) and should check with their existing stockbroker whether they are willing or able to trade in unquoted shares. From tomorrow, 20 December 2022, further details of the Asset Match share trading facility will be available to shareholders on the Company's website.  Investors | PCF Bank under "Asset Match Secondary Trading".

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For further information, please visit https://pcf.bank/ or contact: