Completion of the disposal of Everyday Loans Group

RNS Number : 1170V

Arbuthnot Banking Group PLC

13 April 2016

 

13 APRIL 2016

Arbuthnot Banking Group PLC

Completion of the disposal of Everyday Loans Group

Arbuthnot Banking Group PLC ("ABG") announces that its Retail Bank, Secure Trust Bank PLC ("STB"), has today completed the sale of its branch based non-standard consumer lending business, Everyday Loans Holdings Limited, to Non-Standard Finance plc.

ABG is the holding company for Arbuthnot Latham & Co., Limited and STB, in which it owns a 51.9% shareholding.

Enquiries:

Arbuthnot Banking Group PLC Sir Henry Angest, Chairman and Chief Executive Andrew Salmon, Group Chief Operating Officer James Cobb, Group Finance Director David Marshall, Director of Communications Secure Trust Bank PLC Paul Lynam, Chief Executive Officer Neeraj Kapur, Chief Financial Officer	Tel: [phone] Tel: [phone]
Canaccord Genuity Limited (Nominated Adviser) Sunil Duggal Roger Lambert	Tel: [phone]
Numis Securities Ltd (Broker) Chris Wilkinson Mark Lander	Tel: [phone]
Bell Pottinger (Financial PR) Ben Woodford Zoe Pocock	Tel: [phone]

 

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