Arbuthnot Banking Group PLC Annual General Meeting Statement - 2017 (2394E)
May 04 2017 - 9:29AM
UK Regulatory
TIDMARBB
RNS Number : 2394E
Arbuthnot Banking Group PLC
04 May 2017
PRESS RELEASE
For immediate Release
4 May 2017
Arbuthnot Banking Group PLC
Annual General Meeting Statement - 2017
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 4 May 2017.
At the meeting the Chairman, Sir Henry Angest, made the
following statement:
"The Group has had a good start to the year, and as already
announced Arbuthnot Latham completed the acquisition of Renaissance
Asset Finance on 28 April.
Lending balances are more than 36% higher than the previous year
and are 16% higher than at the year end.
Customer Deposits for Arbuthnot Latham have increased beyond
GBP1bn for the first time and now stand at GBP1.1bn.
The Group continues to grow its current businesses, while
remaining open to further opportunities that may arise. We are
confident of making good progress during the rest of the year."
-ENDS-
Enquiries:
Arbuthnot Banking Group
Sir Henry Angest, Chairman and Chief Executive
Andrew Salmon, Chief Operating Officer
James Cobb, Group Finance Director 020 7012 2400
Stifel Nicolaus Europe Ltd trading as KBW (Nomad
and Joint Broker)
Robin Mann
Gareth Hunt
Stewart Wallace 0207 710 7600
Numis Securities Ltd (Joint Broker)
Chris Wilkinson 0207 260 1000
Bell Pottinger (Financial PR)
Sam Cartwright 0203 772 2588
This information is provided by RNS
The company news service from the London Stock Exchange
END
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