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
  3.00 6.06% 52.50 50.00 55.00 52.50 49.50 49.50 475,001 16:06:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 3.4 1.1 3.9 13.4 11

Orchard Funding Group PLC New Finance Facility

16/06/2021 7:00am

UK Regulatory (RNS & others)

Orchard Funding (LSE:ORCH)
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RNS Number : 0162C

Orchard Funding Group PLC

16 June 2021

16(th) June 2021

Orchard Funding Group PLC

New Finance 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 Bexhill UK Limited ("Bexhill") has completed a new banking facility with Toyota Financial Services (UK) PLC. The facility will fully replace the facility provided to Bexhill by Barclays Bank PLC. The total amount of available banking facilities to the Company is now GBP20m.

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.

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(END) Dow Jones Newswires

June 16, 2021 02:00 ET (06:00 GMT)

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