Store portfolio update
5 November 2020
Ramsdens Holdings PLC
("Ramsdens", the "Group")
Store portfolio update
Ramsdens, the diversified financial services provider and retailer, is a provider of certain services which the UK Government has categorised as essential. As a result, the Group's 85 stores in England will remain open and continue to serve customers during the current four-week national lockdown.
Ramsdens has continued to operate its 19 stores in Wales during the two-week 'firebreak' lockdown scheduled to end on 9 November 2020. The Board currently believes that, should Scotland announce restrictions on non-essential retail, the Group's 49 stores in Scotland are also likely to remain open to customers.
The health and wellbeing of all Ramsdens' employees and customers remains a priority for the Group and all stores will continue to operate with strict hygiene and safety measures in place.
Ramsdens is continuing to operate and serve customers through its e-commerce websites as usual.
Enquiries:
Ramsdens Holdings PLC Tel: +44 (0) 1642 579957
Peter Kenyon, CEO
Martin Clyburn, CFO
Liberum Capital Limited, Nominated Adviser Tel: +44 (0) 20 3100 2000
Richard Crawley
Joshua Hughes
Hudson Sandler (Financial PR) Tel: +44 (0) 20 7796 4133
Alex Brennan
Lucy Wollam
About Ramsdens
Ramsdens is a growing, diversified, financial services provider and retailer, operating in the four core business segments of foreign currency exchange, pawnbroking loans, precious metals buying and selling and retailing of second hand and new jewellery. Ramsdens does not offer unsecured high cost short term credit.
Headquartered in Middlesbrough, the Group operates from 157 stores within the UK (including 4 franchised stores) and has a growing online presence.
In the last reported financial year, the Group served over 930,000 customers across its different services. Ramsdens is fully FCA authorised for its pawnbroking and credit broking activities.
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