Company Announcements

RNS Number : 5514C
Distribution Finance Cap. Hldgs PLC
12 October 2022

12 October 2022


Distribution Finance Capital Holdings plc

("DF Capital" or the "Company" together with its subsidiaries the "Group")



Third Quarter Loan Book


Distribution Finance Capital Holdings plc, a specialist bank providing working capital solutions to dealers and manufacturers across the UK, today announces that its loan book reached £334m as at 30 September 2022, up 34% since the start of the year. Additionally, the Group's year-to-date stock turn has extended to c.115 days (FY 2021: 105 days).

The Group continues to perform in line with the Board's expectations for the year ending 31 December 2022.


Carl D'Ammassa, Chief Executive, commented: "The momentum we reported through the first half of the year has continued during the third quarter as we head into the critical re-stocking period and expect to see continuing loan book growth. I am pleased with the progress that we have made this year as we scale the bank and focus on reaching near-term profitability."


For further information contact:

Distribution Finance Capital Holdings plc

Carl D'Ammassa - Chief Executive Officer

+44 (0) 161 413 3391

Kam Bansil - Head of Investor Relations

+44 (0) 7779 229508

Investec Bank plc (Nomad and Broker)

  +44 (0) 207 597 5970

David Anderson

Bruce Garrow

Harry Hargreaves

Maria Gomez de Olea


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.