DJ Response to press article
Funding Circle Plc (FCH) Response to press article 04-Feb-2025 / 10:01 GMT/BST =---------------------------------------------------------------------------------------------------------------------- Funding Circle Holdings plc Response to press article We note the share price movement following an article that was published in the Times this morning. The case reported on is one summary judgment relating to two loans that defaulted in March 2020 and were sold to Azzurro. No question has been raised as to the general enforceability of loans and personal guarantees on the Funding Circle platform. It is not disputed that the loans were validly entered into and that there is money owed under the personal guarantees. The case is going to full trial and we are confident that Azzurro will be successful. For further details: Funding Circle Holdings plc ir@fundingcircle.com Lisa Jacobs, Chief Executive Officer Tony Nicol, Chief Financial Officer Headland Consultancy Stephen Malthouse and Jack Gault (+44 20 3805 4822) About Funding Circle: Funding Circle (LSE: FCH) is the UK's leading SME lending platform. Its mission is to build the place where small businesses get the funding they need to win. Funding Circle enables small businesses to access funding - offering an unrivalled customer experience powered by data and technology. For institutional investors, Funding Circle provides access to an alternative asset class in an underserved market, with robust and attractive returns. Globally, Funding Circle has extended more than GBP16bn in credit to c.150,000 businesses. =---------------------------------------------------------------------------------------------------------------------- Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. =---------------------------------------------------------------------------------------------------------------------- ISIN: GB00BG0TPX62 Category Code: MSCM TIDM: FCH LEI Code: 2138003EK6UAINBBUS19 OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 374708 EQS News ID: 2080887 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
February 04, 2025 05:01 ET (10:01 GMT)
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