Accuma Group PLC
12 July 2006
Accuma Group plc (the 'Company')
Re: Press Speculation
The Company notes recent press speculation and can confirm that in line with its
stated strategy of providing best advice through a full consumer financial
solutions platform it is in exclusive discussions which may or may not lead to
the acquisition of Loan Line (Holdings) Limited ('Loan Line'), a secured loan
broker. The potential acquisition may lead to the Company issuing equity.
Charles Howson, Accuma Group plc CEO commented:
'Our aim has always been to provide best advice to the consumer on a range of
consumer financial solutions and the potential acquisition of Loan Line would
strengthen our platform and could provide the group with significant synergistic
benefits.'
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For further information:
Accuma Group plc
Charles Howson, Chief Executive Tel: +44 (0) 161 235 6460
charles.howson@accumagroup.com www.accumagroup.com
Daniel Stewart & Co.
Marc Young / Tom Jenkins Tel: +44 (0) 20 7776 6581
marc.young@danielstewart.co.uk
Media enquiries:
Abchurch
Sarah Hollins / Chris Lane Tel: +44 (0) 20 7398 7700
chris.lane@abchurch-group.com www.abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange