Completion of the disposal of Everyday Loans Group

 

 

 

 

13 APRIL 2016

Arbuthnot Banking Group PLC

 

Completion of the disposal of Everyday Loans Group

Arbuthnot Banking Group PLC ("ABG") announces that its Retail Bank, Secure Trust Bank PLC ("STB"), has today completed the sale of its branch based non-standard consumer lending business, Everyday Loans Holdings Limited, to Non-Standard Finance plc.

ABG is the holding company for Arbuthnot Latham & Co., Limited and STB, in which it owns a 51.9% shareholding.

 

Enquiries:

Arbuthnot Banking Group PLC Sir Henry Angest, Chairman and Chief Executive Andrew Salmon, Group Chief Operating Officer James Cobb, Group Finance Director David Marshall, Director of Communications   Secure Trust Bank PLC Paul Lynam, Chief Executive Officer Neeraj Kapur, Chief Financial Officer	Tel: 020 7012 2400             Tel: 020 7012 2400
Canaccord Genuity Limited (Nominated Adviser) Sunil Duggal Roger Lambert	Tel: 020 7665 4500
Numis Securities Ltd (Broker) Chris Wilkinson Mark Lander	Tel: 020 7260 1000
Bell Pottinger (Financial PR) Ben Woodford Zoe Pocock	Tel: 020 3772 2566