Accuma Group PLC
12 July 2006
Accuma Group plc (the 'Company')
Re: Press Speculation
The Company notes recent press speculation and can confirm that in line with its
stated strategy of providing best advice through a full consumer financial
solutions platform it is in exclusive discussions which may or may not lead to
the acquisition of Loan Line (Holdings) Limited ('Loan Line'), a secured loan
broker. The potential acquisition may lead to the Company issuing equity.
Charles Howson, Accuma Group plc CEO commented:
'Our aim has always been to provide best advice to the consumer on a range of
consumer financial solutions and the potential acquisition of Loan Line would
strengthen our platform and could provide the group with significant synergistic
benefits.'
- ends -
For further information:
Accuma Group plc
Charles Howson, Chief Executive Tel: +44 (0) 161 235 6460
charles.howson@accumagroup.com www.accumagroup.com
Daniel Stewart & Co.
Marc Young / Tom Jenkins Tel: +44 (0) 20 7776 6581
marc.young@danielstewart.co.uk
Media enquiries:
Abchurch
Sarah Hollins / Chris Lane Tel: +44 (0) 20 7398 7700
chris.lane@abchurch-group.com www.abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.