REG - Shawbrook Group PLC - Completion of ThinCats Group Limited Acquisition

BAE SystemsAnnouncement

30/09/2025 17:45

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RNS Number : 4604B  Shawbrook Group PLC  30 September 2025

 

 Shawbrook Group plc - Completion of Acquisition - ThinCats Group Limited

 Further to the announcement on 2 September 2025, Shawbrook Group plc
 ('Shawbrook') is pleased to confirm that the acquisition of ThinCats Group
 Limited ('ThinCats'), a leading specialist lender to established,
 growth-focused SMEs, has completed(1).

 Marcelino Castrillo, Chief Executive Officer at Shawbrook, commented:
 "ThinCats is a leading UK FinTech with an excellent track record of delivering
 bespoke funding to growth-focused SMEs, whose owners, management teams and
 sponsors value speed, flexibility and certainty.

 This acquisition will serve to further scale-up and deepen our presence in the
 very large and growing SME market. The ThinCats proposition will continue to
 compete and offer choice in the market, whilst the Shawbrook platform will
 allow us to scale the brand more efficiently and serve even more UK SMEs with
 highly tailored funding solutions."

 Footnote:

 1.     ThinCats will be consolidated into the Group's balance sheet as at
 30 September 2025.

 For investor enquiries, please contact:

 Murray Long
 Head of Investor Relations
 murray.long@shawbrook.co.uk (mailto:murray.long@shawbrook.co.uk)

 For media enquiries, please contact:

 Zander Swinburne

 Teneo

 shawbrook@teneo.com (mailto:shawbrook@teneo.com)

 About Shawbrook
 Shawbrook provides finance to a broad and diverse range of customer segments,
 each of which values the flexibility, speed and certainty we deliver.

 Shawbrook combines sophisticated underwriting, multi-channel distribution and
 next-generation technology and data capabilities to create a platform that
 delivers high-growth and high-returns while supporting our customers'
 ambitions.

 With a diversified product suite, we serve carefully selected Commercial and
 Retail markets, from complex structured credit facilities for growth-focused
 businesses to mortgages for professional landlords and property investors, as
 well as motor finance for high-end vehicles.

 The Group's lending activities are primarily funded by a stable retail deposit
 book consisting of easy access and ISA accounts, variable rate notice accounts
 and fixed rate fixed term accounts (typically one to five years).

 Shawbrook Bank Limited is an operating entity of Shawbrook Group plc.
 Shawbrook Bank Limited is authorised by the Prudential Regulation Authority
 and regulated by the Financial Conduct Authority and the Prudential Regulation
 Authority and is a member of the Financial Services Compensation Scheme.

 

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