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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ultimate Fin. | LSE:UFG | London | Ordinary Share | GB0031685414 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 25.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMUFG
RNS Number : 6976W
Ultimate Finance Group PLC
24 November 2010
Press Release 24 November 2010
Ultimate Finance Group plc
("Ultimate Finance" or the "Group")
AGM Statement
Ultimate Finance Group plc (AIM:UFG), a leading provider of financial solutions to SMEs, will be holding its Annual General Meeting in Bristol at 11am today. At the meeting Clive Garston, Chairman of Ultimate Finance, will make the following statement:
"This year has been a period of significant progress for Ultimate Finance, as the transformational acquisition of Ashley Commercial Finance Limited significantly strengthens the Group's offering and enables us to achieve considerable scale. We are already capitalising on the cross-selling opportunities between the two companies. These synergies, together with the cost savings that we have identified, bring major benefits to the Group.
The increased facility of GBP34 million, which has recently been agreed with Lloyds, gives the Group the strength to continue to grow and expand its customer base both organically and through select acquisitions.
Current trading is robust, and the Board continues to view the future with confidence."
- Ends -
For further information: Ultimate Finance Group plc Clive Garston, Chairman Tel: +44 (0)207 293 4025 cgarston@ultimatefinance.co.uk Richard Pepler, Chief Executive Tel: +44 (0)845 251 3030 rpepler@ultimatefinance.co.uk Shane Horsell, Finance Director Tel: +44 (0)845 251 3030 shorsell@ultimatefinance.co.uk Arbuthnot Securities (Nominated Adviser and Joint Broker) Antonio Bossi Tel: +44 (0)20 7012 2000 antoniobossi@arbuthnot.co.uk Paul Gillam Tel: +44 (0)20 7012 2000 paulgillam@arbuthnot.co.uk WH Ireland (Joint Broker) John Wakefield Tel: +44 (0)117 945 3471 john.wakefield@wh-ireland.co.uk Richard Smith Tel: +44 (0) 121 265 6304 richard.smith@wh-ireland.co.uk Media enquiries: Abchurch Joanne Shears / Oliver Hibberd Tel: +44 (0) 20 7398 7709 joanne.shears@abchurch-group.com www.abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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