29th Jul 2022 16:57
29 July 2022
PCF Group plc
("PCF", the "Company" or the "Group")
Result of the General Meeting
PCF Group plc confirms that each of the resolutions proposed at today's General Meeting at 10 am were passed.
The full text of each resolution was set out in the Notice of the General Meeting, a copy of which can be found on the Company's website in the "Notifications Made in the Last 12 Months" section - https://pcf.bank/investors/
The results of the poll vote were:
ORDINARY RESOLUTION | For | Against | Vote withheld* |
Resolution 1: To receive and approve the Report of the Directors and the audited Financial Statements of the Company for the year ended 30 September 2021. | 247,189,964 | 665,793 | 13,618 |
Resolution 2: To receive and approve the Report on the Directors' Remuneration as set out in the audited Financial Statements for the year ended 30 September 2021. | 247,304,605 | 549,921 | 14,849 |
Resolution 3: To re-appoint MacIntyre Hudson LLP as auditors of the Company and to authorise the directors to determine their remuneration. | 247,370,339 | 335,418 | 163,618 |
*Please note a 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.
ENDS
For further information, please visit https://pcf.bank/ or contact:
PCF Group (via Tavistock Communications) Garry Stran, Interim Chief Executive Officer Caroline Richardson, Chief Financial Officer
| Tel: +44 (0) 20 7920 3150 | |
Tavistock Communications Simon Hudson / Tim Pearson
| Tel: +44 (0) 20 7920 3150 | |
Peel Hunt (Nominated Advisor and Joint Broker) Andrew Buchanan / Paul Shackleton / Oliver Jackson
| Tel: +44 (0) 20 7418 8900 | |
Shore Capital (Joint Broker) Henry Willcocks / Guy Wiehahn | 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 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 acquisition.
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 brokers 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.
Related Shares:
PCF.L