REG - Pollen Street Group - Annual Financial Report

Pollen StreetAnnouncement

30/04/2024 07:00

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RNS Number : 4985M  Pollen Street Group Ltd  30 April 2024

30 April 2024

 

Pollen Street Group Limited

Annual Report and Accounts for the year ended 31 December 2023

 

The Report and Accounts for Pollen Street Group Limited have been published
today and submitted in full unedited text to the Financial Conduct Authority's
National Storage Mechanism. They will be available shortly for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

The Annual Report and Accounts are also available at
http://www.rns-pdf.londonstockexchange.com/rns/4985M_1-2024-4-29.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/4985M_1-2024-4-29.pdf)  and
on the Company's website
https://ir.pollenstreetgroup.com/investors/financial-information/
(https://ir.pollenstreetgroup.com/investors/financial-information/) .

Pollen Street Group Limited is the new parent company of Pollen Street Limited
(previously Pollen Street plc), whose Annual Report and Accounts were
published on 21 March 2024. During 2023 Pollen Street Group Limited's only
activity was to establish its governance structure and prepared for the Scheme
of Arrangement that completed on 24 January 2024. It did not conduct any other
business and its profits in 2023 and 2022 were nil.

This announcement is made in accordance with DTR 4.13 and DTR 6.3.5(1A) of the
Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

ENDS

 

For further information about this announcement please contact:

Pollen Street - Corporate Development Director

Shweta Chugh

shweta.chugh@pollencap.com (mailto:shweta.chugh@pollencap.com)

+44 (0)7813581377

 

Link Company Matters Limited - Company Secretary

Polncosec@linkgroup.co.uk

 

FGS Global - Communications Advisor

Chris Sibbald

Chris.Sibbald@fgsglobal.com

+44 (0)7855955531

 

Barclays Bank plc - Joint Broker

Neal West / Stuart Muress

+44 (0)20 7623 2323

 

Investec Bank plc - Joint Broker

Bruce Garrow / Ben Griffiths

+44 (0)20 7597 4000

 

About Pollen Street

Pollen Street is an alternative asset manager dedicated to investing within
the financial and business services sectors across both Private Equity and
Private Credit strategies. The business was founded in 2013 and has
consistently delivered top tier returns alongside growing AuM.

Pollen Street benefits from a complementary set of asset management activities
focused on managing third-party AuM (the "Asset Manager") together with
on-balance sheet investments (the "Investment Company").

The Asset Manager raises capital from high quality investors and deploys it
into its Private Equity and Private Credit strategies. The strong recurring
revenues from this business enable delivery of scalable growth.

The Investment Company invests in the strategies of the Group delivering
attractive risk adjusted returns and accelerating growth in third-party AuM of
the Asset Manager through helping to scale existing funds and seed new
strategies. Today the portfolio is a well-diversified pool of primarily senior
asset-backed Credit Assets generating strong returns at conservative loan to
value ratios ("LTVs"). The portfolio consists of both direct investments and
investments in funds managed by Pollen Street.

POLN is listed on the London Stock Exchange (ticker symbol: POLN). Further
details are available at www.pollenstreetgroup.com
(http://www.pollenstreetgroup.com) .

LEI: 894500LP94M98N8CY487

 

 

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