9th Feb 2017 08:30
9 February 2017
Private & Commercial Finance Group plc
("PCFG", the "Company" or the "Group")
Correction
PCFG, the AIM quoted finance house, announces, with reference to the Company's Preliminary Results announcement on 8 December 2016 (RNS number 2574R), that there was an error in the calculation of the weighted average numbers of shares in issue during the 18 month period ending September 2016 and, as a result, the calculation of basic earnings per ordinary share for the 18 months ending September 2016 should have been stated as 3.2p per share rather than the 2.5p per share originally stated; and the calculation of diluted earnings per ordinary share for the 18 months ending September 2016 should have been stated as 2.6p per share rather than the 1.9p per share originally stated. This change does not affect the profit on ordinary activities after taxation in the period or the reported earnings per share for the pro-forma 12 months period to 30 September 2016.
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For further information, please contact:
Private & Commercial Finance Group Scott Maybury, Chief Executive Officer Robert Murray, Managing Director David Bull, Finance Director
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| Tel: +44 (0) 20 7222 2426 |
Tavistock Communications Jos Simson / Niall Walsh
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| Tel: +44 (0) 20 7920 3150 |
Panmure Gordon (UK) Limited Atholl Tweedie / Adam James / Peter Steel - Corporate Finance Charles Leigh-Pemberton - Corporate Broking
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| Tel: +44 (0) 20 7886 2500 |
Stockdale Securities Henry Willcocks
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| Tel: +44 (0) 20 7601 6100 |
About Private & Commercial Finance Group plc (www.pcfg.co.uk)
Established in 1994, Private & Commercial Finance Group plc is an AIM-quoted finance house which has two main operating divisions:
• Consumer Finance which provides finance for motor vehicles to consumers; and
• Business Finance which provides finance for vehicles, plant and equipment to SMEs.
The Group has a highly efficient and scalable business model, utilising its specially developed internet-based proposal system to service national networks of brokers and suppliers.
Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) Number 596/2014) prior to its release as part of this announcement.
Related Shares:
PCF.L