Arbuthnot Banking Group PLC AGM Statement (4124X)
May 05 2016 - 10:28AM
UK Regulatory
TIDMARBB TIDMSTB
RNS Number : 4124X
Arbuthnot Banking Group PLC
05 May 2016
5 May 2016
ARBUTHNOT BANKING GROUP PLC
Annual General Meeting Statement 2016
The Board of Arbuthnot Banking Group PLC ("ABG" or "the Group")
announces that shareholders approved all the resolutions proposed
at the Annual General Meeting held today Thursday 5 May 2016.
At the meeting the Chairman, Sir Henry Angest, made the
following statement:
"The Group has had a good start to the year with overall lending
volumes higher than last year and at the end of the first quarter,
customer loan balances have increased by more than 30% compared to
the prior year.
"The completion of the sale of Everyday Loans on 13 April 2016
has generated a substantial profit which has further strengthened
the Group's capital and liquidity resources.
"The Group will continue to invest these resources in its
on-going businesses and we remain confident of making good progress
during the remainder of the year."
-ENDS-
Note Secure Trust Bank PLC issued its AGM statement on 4 May
2016 and this should be read in conjunction with this
statement.
ENQUIRIES:
Arbuthnot Banking Group PLC
Sir Henry Angest, Chairman and Chief Executive 020 7012 2400
Andrew Salmon, Chief Operating Officer
James Cobb, Group Finance Director
David Marshall, Director of Communications
Canaccord Genuity Ltd (Nominated Advisor)
Sunil Duggal 020 7665 4500
Numis Securities Ltd (Broker)
Chris Wilkinson 020 7260 1000
Mark Lander
Bell Pottinger (Financial PR)
Ben Woodford 020 3772 2563
Zoe Pocock
This information is provided by RNS
The company news service from the London Stock Exchange
END
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