19th May 2021 13:46
PCF Group PLC - parent of PCF Bank Ltd, serving individuals and small businesses - Asks for trading of shares on AIM to be suspended. PCF says this to allow a "further review" of its "financial controls and reporting processes". Says a further announcement will be made regarding the timing of its full-year results. Back in March, PCF said a number of adjustments needed to be made to its results for the financial year that ended September 30 last year. It said this would result in a net reduction of no more than GBP750,000 on the profit before impairment of goodwill and tax of GBP3.9 million that it had previously reported. Later in March, PCF said new business volumes in the first five months of the new financial year were in line with expectations at GBP104 million.
Current stock price: 23.80 pence
Year-to-date change: down 20%
By Tom Waite; [email protected]
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