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PCF Group PLC (PCF)

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Friday 26 March, 2021

PCF Group PLC

Extension of reporting deadline

RNS Number : 6539T
PCF Group PLC
26 March 2021
 

26 March 2021

PCF Group plc

("PCF", the "Bank" or the "Group")

 

Reporting Deadline

 

PCF Group plc announces that it has obtained a derogation from AIM for the extension of the Company's reporting deadline for the filing if its financial results, for the year ended 30 September 2020, from 31 March 2021 to 30 June 2021.

 

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For further information, please visit https://pcf.bank/ or contact:

 

PCF Group

Scott Maybury, Chief Executive Officer

Caroline Richardson, Chief Financial Officer

 

 

Tel: +44 (0) 20 7222 2426

Tavistock Communications

Simon Hudson / Edward Lee / Tim Pearson

 

 

Tel: +44 (0) 20 7920 3150

Peel Hunt (Nominated Advisor and Broker)

Andrew Buchanan / James Britton / Rishi Shah /

Duncan Littlejohns

 

Tel: +44 (0) 20 7418 8900

Shore Capital (Joint Broker)

Henry Willcocks / Guy Wiehahn / Antonio Bossi

 

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 has increased its lending portfolio from £140 million to over £430 million. 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.

 

The Group has a track record of profitability and sustainability through an efficient and scalable business model. Utilising its technologically advanced platform, PCF Bank provides both depositors and borrowers with a high level of service and a straightforward, simple range of products tailored to suit their needs.

Recently recorded video profiles of PCF's Property Bridging Finance, Azule Broadcast Equipment Finance, and Savings divisions are available at the Company's profile page on the London Stock Exchange website:  https://profile.lsegissuerservices.com/PCFGroup/overview.

 

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