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ORCH Orchard Funding Group Plc

29.00
-1.00 (-3.33%)
26 Apr 2024 - Closed
Delayed by 15 minutes
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
  -1.00 -3.33% 29.00 28.00 30.00 29.00 29.00 29.00 0.00 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security Brokers & Dealers 7.86M 1.71M 0.0802 3.62 6.19M

Orchard Funding Group PLC New Banking Facility (5073W)

26/04/2021 7:00am

UK Regulatory


Orchard Funding (LSE:ORCH)
Historical Stock Chart


From Apr 2019 to Apr 2024

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TIDMORCH

RNS Number : 5073W

Orchard Funding Group PLC

26 April 2021

26 April 2021

Orchard Funding Group PLC

New Banking Facility

Orchard Funding Group ("Orchard" or "Company"), the finance group which specialises in insurance premium finance and the professions funding market, announces that its subsidiary Orchard Funding Limited has completed a new banking facility with National Westminster Bank plc. The facility will provide finance to the group for all its core historic lending and its lending in new markets such as static caravans. The total amount of available banking facilities to the Company is now GBP22m.

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 .

END

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

MSCEAFLLASDFEFA

(END) Dow Jones Newswires

April 26, 2021 02:00 ET (06:00 GMT)

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