Debt Free Direct Group PLC
01 November 2007
1 November 2007
DEBT FREE DIRECT GROUP PLC
PRE CLOSE ANNOUNCEMENT
Debt Free Direct Group (DFD), the leading debt advice and solutions company,
today confirms that its interim results announcement for the period ended 31
October 2007 will be made on Tuesday 27 November 2007. At that time we will
provide analysts and shareholders with renewed guidance on our positive growth
outlook.
DFD has previously announced that it is also planning to provide a strategy
update to investors at that time. Those plans continue to be focused on
pressing home our advantage as a large scale and low cost solution provider, and
as a potential consolidator in the sector.
We continue to be in dialogue with creditors regarding fee levels and,
crucially, the appropriate access for debtors to the IVA process. We remain
confident of achieving a satisfactory outcome from these discussions and expect
to update shareholders further at, or before, the time of our interim results
announcement.
There will be an analyst presentation to discuss the interim results at 9.30am
on 27 November 2007 at Financial Dynamics, Holborn Gate, 26 Southampton
Buildings, London WC2A 1PB.
Enquiries:
Debt Free Direct Group plc
Andrew Redmond, Chief Executive Officer 0845 296 0100
Paul Latham, Finance Director 0845 296 0200
Numis Securities
Lee Aston 020 7260 1000
Financial Dynamics
Ed Gascoigne-Pees 020 7269 7132
Nick Henderson 020 7269 7114
Notes:
Debt Free Direct helps individuals find the best solution to their debt
problems, based upon an analysis of their particular financial circumstances.
Financial information on an individual is processed through a computer model
(the Best Advice Model) developed by Debt Free Direct in order to recommend a
solution suitable for that individual's particular financial circumstances. The
solutions offered range from basic advice, such as simply destroying credit
cards and curbing unnecessary expenditure, to the following solutions:
• consolidation loan
• re-mortgage
• informal arrangement
• individual voluntary arrangement (IVA)
• bankruptcy
Debt Free Direct is unique in the marketplace in that, unlike most of its
competitors who sell specific products, Debt Free Direct looks to provide the
best advice to the consumer and recommends them the most appropriate service.
Debt Free Direct is based in Chorley, Lancashire, and was admitted to AIM in
December 2002.
This information is provided by RNS
The company news service from the London Stock Exchange
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