Orchard Funding Group PLC Bank Licence Application Withdrawal (3980C)
October 19 2020 - 2:00AM
UK Regulatory
TIDMORCH
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.
END
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