Share Name Share Symbol Market Type Share ISIN Share Description
Orchard Funding Group Plc LSE:ORCH London Ordinary Share GB00BYZFM569 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 55.00 52.00 58.00 55.00 55.00 55.00 25,000 07:34:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 3.4 1.1 3.9 14.1 11

Orchard Funding Group PLC Bank Licence Application Withdrawal

19/10/2020 7:00am

UK Regulatory (RNS & others)

Orchard Funding (LSE:ORCH)
Historical Stock Chart

From Nov 2019 to Nov 2021

Click Here for more Orchard Funding Charts.


RNS Number : 3980C

Orchard Funding Group PLC

19 October 2020

Orchard Funding Group PLC

19 October 2020

19 October 2020

Orchard Funding Group PLC

Bank Licence Application Withdrawal

Orchard Funding Group ("Orchard" or "Company"), the finance group which specialises in insurance premium finance and the professions funding market, announces that as a result of the current uncertain economic conditions due to COVID-19, the Company has decided to withdraw its application for a banking licence to focus on its core business activities.

For further information, please contact:

   Orchard Funding Group PLC                                                     +44 (0)1582 346 248 

Ravi Takhar, Chief Executive Officer

   Liberum (Nomad and Broker)                                                  +44 (0)20 3100 2222 

Neil Patel

Richard Bootle

For Investor Relations please go to: www.orchardfundinggroupplc.com This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.


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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.



(END) Dow Jones Newswires

October 19, 2020 02:00 ET (06:00 GMT)

1 Year Orchard Funding Chart

1 Year Orchard Funding Chart

1 Month Orchard Funding Chart

1 Month Orchard Funding Chart
ADVFN Advertorial
Your Recent History
Orchard Fu..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20211127 06:23:44