ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

DFCH Distribution Finance Capital Holdings Plc

22.50
0.00 (0.00%)
Last Updated: 07:32:49
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Distribution Finance Capital Holdings Plc LSE:DFCH London Ordinary Share GB00BJ7HMR72 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 22.50 20.00 25.00 22.50 22.50 22.50 221 07:32:49
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Public Finance, Taxation 1.35M 9.76M 0.0544 4.14 40.36M

Distribution Finance Cap. Hldgs PLC Temporary waiver granted by Lenders (3712M)

11/05/2020 7:00am

UK Regulatory


Distribution Finance Cap... (LSE:DFCH)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Distribution Finance Cap... Charts.

TIDMDFCH

RNS Number : 3712M

Distribution Finance Cap. Hldgs PLC

10 May 2020

11 May 2020

Distribution Finance Capital Holdings plc

("DFC" or the "Company" or together with its subsidiaries the "DFC Group")

Temporary waiver granted by Lenders

On 28 April 2020, the Company announced that it was in ongoing constructive dialogue with its senior and senior mezzanine facility lenders (the "Lenders") to agree a temporary waiver of an early amortisation provision in its funding facilities to 30 June 2020.

Specific terms and covenants have now been agreed with the Lenders that support the loan book during the period of the waiver, which expires on 30 June 2020. Both the Lenders and the Company continue to monitor the emerging economic landscape alongside the plans and trading patterns of dealers and manufacturers in the post-lockdown period. In light of the specific terms of the waiver, whilst allowing the Company to support modest levels of new lending to its existing customer base, it is expected that, as previously announced, the loan book balance will reduce in the near-term.

The Company will provide further discussion of its future funding strategy on announcement of its full year results for the year ended 30 December 2019, which is expected to take place during early June with its Annual General Meeting convened thereafter.

Enquiries:

Distribution Finance Capital Holdings plc

Carl D'Ammassa - Chief Executive Officer +44 (0) 20 3937 6390

http://www.dfcapital-investors.com

Macquarie Capital (Europe) Limited (NOMAD and broker)

Alex Reynolds +44 (0) 20 3037 2000

Jonny Allison

Blue Pool Communications (Financial PR)

Nick Lord +44 (0) 7501 271 083

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCLBLLFBELXBBZ

(END) Dow Jones Newswires

May 11, 2020 02:00 ET (06:00 GMT)

1 Year Distribution Finance Cap... Chart

1 Year Distribution Finance Cap... Chart

1 Month Distribution Finance Cap... Chart

1 Month Distribution Finance Cap... Chart

Your Recent History

Delayed Upgrade Clock