REG-Funding Circle Plc Response to press article

Funding Circle HoldingsAnnouncement

04/02/2025 10:15

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   Funding Circle Plc (FCH)
   Response to press article

   04-Feb-2025 / 10:01 GMT/BST

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                          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      1 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 £16bn in credit to c.150,000 businesses.

    

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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   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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References

   Visible links
   1. mailto:ir@fundingcircle.com


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