Private & Commercial Fin Group Plc Directorate Change (2578I)

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RNS Number : 2578I

Private & Commercial Fin Group Plc

16 June 2017

16 June 2017

Private & Commercial Finance Group plc

("PCFG", the "Company" or the "Group")

Directorate Change

PCFG, the AIM-quoted specialist bank, announces the appointment of Christine Higgins as a Non-Executive Director with immediate effect.

Ms Higgins is a qualified accountant and an experienced executive and non-executive director with a career at both building societies and banks. She has held a variety of roles on boards and board committees and is currently a non-executive director of the Buckinghamshire Building Society.

As part of the Group's authorised status as a bank, Ms Higgins has completed the required Prudential Regulation Authority and Financial Conduct Authority due diligence processes.

Tim Franklin commented: "I am delighted that Christine is joining our board. Her background in financial services and experience in audit/risk will be of great value as we exit mobilisation and become a fully-fledged bank. We very much look forward to working with Christine and gaining from her experience."

Christine Higgins commented: "I am very pleased to be joining PCFG as a non-executive director at this exciting time, with the Company becoming a bank and expanding its business."

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For further information, please contact:

 
 Private & Commercial Finance             Tel: +44 (0) 
  Group                                    20 7222 2426 
  Scott Maybury, Chief Executive 
  Officer 
  Robert Murray, Managing Director 
  David Bull, Finance Director 
 Tavistock Communications                 Tel: +44 (0) 
  Jos Simson / Niall Walsh                 20 7920 3150 
 Panmure Gordon (UK) Limited              Tel: +44 (0) 
  Atholl Tweedie / Adam James              20 7886 2500 
  - Corporate Finance 
  Charles Leigh-Pemberton - Corporate 
  Broking 
 Stockdale Securities                     Tel: +44 (0) 
  Robert Finlay / Richard Johnson          20 7601 6100 
  - Corporate Finance 
  Henry Willcocks - Corporate 
  Broking 
 

Appendix: disclosures required pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for Companies

Christine Anne Higgins (aged 58) has, during the past five years been a director of the following companies:

 
 Current Directorships         Previous Directorships 
  or Partnerships               or Partnerships 
----------------------------  ------------------------------ 
 Buckinghamshire Building      Sovereign Housing Association 
  Society                       Limited 
----------------------------  ------------------------------ 
 Civil Service Motoring        West London Mental Health 
  Association, Limited (The)    NHS Trust 
----------------------------  ------------------------------ 
 

Previous name: Christine Anne Fowler.

Save as set out in this announcement, there are no further details to be disclosed under Rule 17 or Schedule 2(g) of the AIM Rules for Companies in respect of Ms Higgins.

About Private & Commercial Finance Group plc (www.pcfg.co.uk)

Established in 1994, Private & Commercial Finance Group plc is an AIM-quoted specialist bank which has two main operating divisions:

   --      Consumer Finance which provides finance for motor vehicles to consumers; and 
   --      Business Finance which provides finance for vehicles, plant and equipment to SMEs. 

The Group has a highly efficient and scalable business model, utilising its specially developed internet-based proposal system to service national networks of brokers and suppliers.

This information is provided by RNS

The company news service from the London Stock Exchange

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June 16, 2017 02:00 ET (06:00 GMT)