30 Jun 2021 07:00
30 June 2021
PCF Group plc
("PCF", the "Bank" or the "Group")
Reporting deadline
The Group announces that it will not publish its interim financial results, for the half year ended 31 March 2021, by 30 June 2021. AIM Regulation has issued guidance (dated 9 June 2020 and reconfirmed on 27 January 2021) permitting an extension of one month for the reporting of its half-yearly results. The shares will remain suspended as announced by the Company on 28 June 2021.
The Company will provide an update in due course.
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For further information, please visit https://pcf.bank/ or contact:
PCF Group (via Tavistock Communications) Garry Stran, Interim Chief Executive Officer Caroline Richardson, Chief Financial Officer
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| Tel: +44 (0) 20 7920 3150 |
Tavistock Communications Simon Hudson / Tim Pearson
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| Tel: +44 (0) 20 7920 3150 |
Peel Hunt (Nominated Advisor and Broker) Andrew Buchanan / Rishi Shah / Duncan Littlejohns / Jasmine Kanish |
| Tel: +44 (0) 20 7418 8900 |
Shore Capital (Joint Broker) Henry Willcocks / Guy Wiehahn |
| 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 continues to focus on portfolio quality and lending to the prime segments of its existing markets. The Group will continue to identify opportunities to diversify its lending products and asset classes by setting up new organic operations or through acquistion.
PCF Bank currently offers retail savings products for individuals and then deploys those funds through its four lending divisions:
• Business asset finance which provides finance for vehicles, plant and equipment to SMEs;
• Consumer motor finance which provides finance for motor vehicles to consumers;
• Azule which provides finance to the broadcast and media industry; and
• Property bridging finance which provides loans to companies and sole traders investing in residential and commercial property.
PCF.L (PCF)