Brief: H & T Group Says Board Has Taken Decision To Cease All Unsecured Lending

H & T

12/05/2022 07:39

May 12 (Reuters) - H & T Group PLC  HTGR.L :
    * H&T GROUP PLC  - TRADING UPDATE
    * H & T GROUP PLC - DEMAND FOR PLEDGE LENDING REMAINS STRONG
AND
AT RECORD LEVELS
    * H & T GROUP PLC - PAWNBROKING PLEDGE BOOK GREW BY END OF
APRIL
TO £78.3M, UP FROM £66.9M AT 31 DECEMBER YEAR END
    * H & T GROUP PLC - BOARD HAS TAKEN DECISION TO CEASE ALL
UNSECURED LENDING
    * H & T GROUP PLC - GROUP IS IN CONSULTATION WITH IMPACTED
EMPLOYEES, FOR WHOM IT EXPECTS TO BE ABLE TO OFFER ALTERNATIVE
ROLES WITHIN BUSINESS

Source text for Eikon:  ID:nRSL1577La 
Further company coverage:  HTGR.L 

 ((Reuters.Briefs@thomsonreuters.com;))