Press Releases
| 2008 Highlights | |
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| 17.06.2008 | Preliminary Unaudited Results for the Year Ended 31 March 2008...read more |
| Peter Johnson, Chairman, commented: “I am pleased to report that Christmas savings orders for Christmas 2008 have shown a healthy recovery after the disappointing decline last year and that our corporate voucher business continues to grow. The outlook for the current year remains encouraging assisted by the growth in web enabled transactions.” | |
| 08.05.2008 | Appointment Of Non Executive Director ...read more |
| 23.04.2008 | Director/PDMR Shareholding ...read more |
| 04.04.2008 | Pre-close Trading Statement ...read more |
| 2007 Highlights | |
| 18.12.2007 | Regulatory Announcement - Director/PDMR Shareholding ...read more |
| 06.12.2007 | Interim Results For Half Year Ended 30 September 2007 ...read more |
| Peter Johnson, Chairman, commented: "Our marketing campaign for Christmas 2008 began during the last week in September and responses and orders are currently more than 30% higher than at the same time last year. This demonstrates the popularity of our product, the strength of the Park brand, and that the work we have done to introduce improved protection for our customers has helped to restore confidence in the industry..." | |
| 02.11.2007 | Trading on PLUS markets ...read more |
| 25.09.2007 | Transfer To AIM Announcement |
| At the AGM and EGM on 25th September 2007 the move to AIM was approved. For further details see Schedule 1 Pre-Admission Announcement and its Appendix. | |
| 25.09.2007 | EGM Statement ...read more |
| 25.09.2007 | AGM Statement ...read more |
| 23.08.2007 | Transfer To AIM ...read more |
| Notice of EGM to approve the Cancellation of listing of Shares on the Official List and to amend the Articles of Association of the Company | |
| 23.08.2007 | Merger Clearance |
| The OFT has decided, on the information currently available to it, not to refer the following merger to the Competition Commission under the provisions of the Enterprise Act 2002: Completed acquisition by Park Group plc of Home Farm Hampers Limited The text of this decision will be placed on the Office of Fair Trading's web site at www.oft.gov.uk as soon as is reasonably practicable. | |
| 23.08.2007 | Acquisition of Home Farm Hampers Ltd ...read more |
| Park Group plc ("Park") is pleased to announce that the OFT has decided not to refer the acquisition of Home Farm Hampers Ltd ("Home Farm") to the Competition Commission under the provisions of the Enterprise Act 2002. | |
| 13.08.2007 | Park Prepayments Protection Trust Established - Market Research Indicates Improving Confidence ...read more |
| Park Group plc is pleased to announce that The Park Prepayments Protection Trust (PPT), an independent trust designed to improve the security of their savers` money, is now established. Following the collapse of Farepak, Park has been working closely with the Department for Business, Enterprise and Regulatory Reform on better protection for our customers` payments. This trust will ensure customers have that additional protection for their monies. | |
| 27.06.2007 | Preliminary Unaudited Results for the Year Ended 31 March 2007...read more |
| Peter Johnson, Chairman, commented: “It gives me great pleasure to present an excellent set of results after a challenging year, which reflect the strong growth within our Christmas savings and high street voucher business.” | |
| 12.06.2007 | Notice of Results ...read more |
| 26.04.2007 | Completed aquisition by Park Group Plc of Home Farm Hampers ...read more |
| The Office of Fair Trading is considering whether arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002. Should it be found to be a relevant merger situation, the OFT will further consider whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services that warrants reference to the Competition Commission for investigation and report. | |
| 28.03.2007 | Pre-close Trading Update ...read more |
| Park Group today provides an update on trading in advance of its preliminary results for the year ending 31 March 2007 and responds to comments by the Minister of Department for Trade and Industry, the Rt Hon Ian McCartney MP, relating to protection of customers' monies. | |
| 22.03.2007 | Result of EGM ...read more |
| 13.03.2007 | Holding(s) in Company ...read more |
| 08.03.2007 | Issue of Equity ...read more |
| 07.03.2007 | Park Group Acquires Home Farm Hampers Ltd...read more |
| 07.03.2007 | Findel PLC - Disposal ...read more |
| 22.02.2007 | Notice of Extraordinary General Meeting to propose the Adoption of New Articles of Association |
| Park Group plc ('Park' or 'the Company') announces its intention to convene an Extraordinary General Meeting ('EGM') at which a resolution will be proposed to shareholders to approve New Articles of Association. Following a full review of the Company’s Articles of Association it is proposed that the Company’s current Articles are changed to bring them into line with current best practice for listed companies. A circular has been despatched to shareholders today giving notice of the EGM, to be held at 9 a.m. on 22 March 2007 at Park’s offices at Valley Road, Birkenhead CH41 7PR and will be available shortly for public inspection at the Document Viewing Facility, 25 The North Colonnade, Canary Wharf, London E14 5HS. |
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| 31.01.2007 | Director/PDMR Shareholding ...read more |
| 31.01.2007 | Director/PDMR Shareholding...read more |
| 31.01.2007 | Director/PDMR Shareholding...read more |
| 22.01.2007 | Holding(s) in Company ...read more |
| 2006 Highlights | |
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| 21.12.2006 | Total Voting Rights ...read more |
| 20.12.2006 | Interim Dividend ...read more |
| 20.12.2006 | Interim Results Announcement ...read more |
| Peter Johnson, Chairman, commented: ‘I would like to thank all our customers and staff who remained loyal to the Group throughout an unprecedented period of media attention as a result of Farepak. I have already said publicly that ‘one bad apple does not make the whole barrel bad’ and I would like to reiterate this comment.” We are very satisfied with the robust growth across the Group achieved in the first six months of the year coupled with the continuing drive to reduce overheads. The Board is confident that the Group is on track for a satisfactory year which will be in line with market expectations.” | |
| 04.12.2006 | Notice of Results ...read more |
| 07.11.2006 | Park pledges £1M to Farepak victims |
| Thanks to The Park Group, Christmas could be brighter for thousands of families who have been affected by the demise of Farepak. Chris Houghton, Park Group Managing Director, today made the following statement: "Park has taken the initiative today to pledge £1m into a fund organised by the D.T.I. which will be shared out amongst these families in time for Christmas. As the first business to make such an offer, Park is calling on other organisations to follow suit. Park has also called upon the DTI and the Administrators, BDO Stoy Hayward, to co-ordinate activities, to make sure the funds are allocated correctly." Time is of the essence as Christmas will soon be here and Park are urging other retailers to act immediately. |
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| 16.10.2006 | Farepak Administration |
| Park Group, one of the UK’s leading specialist providers of financial services, has been in operation since 1967 and continues to be a stable and growing business. It has a strong cash flow which supports current and future business activities. The company has no borrowings and predicts a continued positive cash flow throughout the forthcoming year. The management structure at Park Group is also stable and the company is looking forward to a positive year of growth. Park Group would like to re-assure all customers that the business has not been affected by the demise of Farepak and it continues to trade as normal. The situation at Farepak is unfortunate but this is by no means a reflection of the Christmas savings industry or on Park Group which is going from strength to strength. |
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| 09.10.2006 | Director’s shareholding |
| The Company announces that, on 6 October 2006, Gary Woods, Director, acquired 10,000 ordinary shares of 2p each in the Company (“Ordinary Shares”) at a price of 18.4 pence per share. Following the share purchase, Gary Woods is now interested in 42,953 Ordinary Shares representing approximately 0.03% of the issued share capital of the Company. | |
| 11.08.2006 | Completion of disposal ...read more |
| Park Group plc announces that the disposal of the home collected loan portfolio to CL Finance Limited, approved by shareholders at an Extraordinary General Meeting of the Company on 10 August 2006, has been duly completed. | |
| 10.08.2006 | Result of Extraordinary General Meeting ...read more |
| At the Extraordinary General Meeting held today, the ordinary resolution to approve the disposal of the home collected loan portfolio to CL Finance Limited was passed by the shareholders of the Company. | |
| 26.07.2006 | Circular to shareholders re proposed disposal of the home collected loan portfolio (Disposal) ...read more |
| Following the announcement made on 12 July 2006, Park Group plc is today posting a circular to shareholders and, for information purposes only, to option holders setting out the details of the Disposal. | |
| 12.07.2006 | Proposed disposal of the home collected loan portfolio ...read more |
| Park today announces that it has decided to exit the home collected credit industry and has agreed to sell its home collected credit loan portfolio. | |
| 12.07.2006 | Preliminary Results for the Year Ended 31 March 2006...read more |
| Peter Johnson, Chairman, commented: ‘This year has seen our cash savings business go from strength to strength, demonstrating pleasing sales and profit growth. However, our cash lending business has continued to under deliver in what has been an increasingly challenging market. The disappointing performance generated by that business has resulted in our decision to exit the home collected credit industry. | |
| 17.02.2006 | Park Group Acquires ‘Family’ ...read more |
| Park Group plc announces the acquisition of the agency customer list of Family Christmas Savings (‘Family’) from FHSC Limited, following the appointment of Administrators at FHSC Limited on 15 February 2006. | |
| 07.02.2006 | High Street Gift Vouchers Unaffected By Choice Gift Vouchers Administration ...read more |
| We would like to reassure all our customers that the High Street Gift Vouchers are not affected by Choice Gift Vouchers Limited going into administration. | |
| 2005 Highlights | |
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| 20.12.2005 | Interim Results Announcement ...read more |
| Peter Johnson, Chairman, states: 'Our cash flow has remained very strong during the year and cash balances were 1.7% higher than the previous half year at £76m, reflecting the continued strength of our Cash Savings businesses. However, our Cash Lending business as struggled in a difficult market and this is reflected in the increased losses it has incurred over the last six months. A number of actions have been taken to address the performance of this business and we expect to see an improvement in the full year results.' | |
| 20.12.2005 | Transition to International Financial Reporting Standards ...read more |
| Transition document detailing the impact that IFRS has on the financial statements of the group. | |
| 29.11.2005 | Offer Talks Discontinued ...read more |
| The Board has been informed by the management group led by Mr Peter Johnson that they are not now in a position to put forward an offer for Park. | |
| 15.11.2005 | Issue Of Equity And Director’s Shareholding ...read more |
| Park Group Plc has applied to the London Stock Exchange and UK Listing Authority for the listing of 326,596 new ordinary shares of 2 pence each. | |
| 20.09.2005 | Park Group sees “Continued growth of our cash savings division” – Chairman reports on Current Year at today’s AGM ...read more |
| Peter Johnson, Chairman, comments: ‘I am pleased to report the continued growth of our cash savings division, comprising the Christmas mail order businesses of Park, Country, and High Street Gift Vouchers.’ | |
| 09.06.2005 | Preliminary Results for the Year Ended 31 March 2005 ...read more |
| Peter Johnson, Chairman, comments: ‘The cash savings recruitment campaign for Christmas 2005 is expected to result in an increase in orders of 7 per cent, while agent retention rates, currently running at almost 80 per cent, continue to exceed those achieved by our competitors. In cash lending, collections so far in the current year are 9 per cent ahead of 2004-05.’ | |
| 2004 Highlights | |
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| 03.12.2004 | Interim Results for the Half Year Ended 30 September 2004 ...read more |
| The board of Park Group plc (“Park” or the “Company”) announces that it has been informed by the Company’s Chairman, Mr. Peter Johnson, who is interested in approximately 74% of the ordinary equity, that he is exploring options with regard to his shareholding in the Company. | |
| 05.10.2004 | Statement regarding Mr. Peter Johnson’s shareholding ...read more |
| The board of Park Group plc (“Park” or the “Company”) announces that it has been informed by the Company’s Chairman, Mr. Peter Johnson, who is interested in approximately 74% of the ordinary equity, that he is exploring options with regard to his shareholding in the Company. | |
| 21.09.2004 | Park Group sees “Encouraging Levels of Growth” – Chairman reports on Current Year at today’s AGM ...read more |
| Park Group’s continuing businesses of Cash Savings and Cash Lending are “currently trading in line with expectations, with encouraging levels of growth year on year”, Peter Johnson, chairman, told shareholders at today’s Annual General Meeting in Birkenhead. “Prospects for the year appear good.” | |
| 15.09.2004 | Martin Stewart to join Park Group as Group Finance Director on 1 November ...read more |
| Martin Stewart, 44, previously group finance director of Eddie Stobart Group Limited, the UK's largest independent haulage and distribution group, is to join Park Group plc, the financial services specialist based in Birkenhead, as group finance director on 1 November 2004. He succeeds Chris Houghton who was appointed group managing director of Park Group in May this year. | |
| 01.07.2004 | Park Group completes disposal of non-core design and packing business ...read more |
| Park Group ("Park"), the financial services company based in Birkenhead, has completed the disposal to a management buy-in team of the business and selected assets of its non-core design and packing business Link Brand Solutions Ltd for £352,000. Certain residual assets not transferred in the sale will either be sold or retained by Park. Park will receive an annual rent from the retention of the freehold building at Chesterfield. | |
| 04.06.2004 | Preliminary Results for the Year Ended 31 March 2004 ...read more |
| Peter Johnson, Chairman, comments: “On completion of the conditional sale announced yesterday of Park Group’s design and packing business, Link Brand Solutions, Park will have completed the disposal of its peripheral under-performing assets, enabling it to focus on delivering sustainable long term growth in its core divisions. In cash savings, Agent retention rates are up again in the current year while orders for Christmas 2004 show an increase of 9.4 per cent over 2003. In cash lending, collections are currently 55 per cent above last year’s levels.” | |
| 03.06.2004 | Park Group plc (“Park Group”) agrees conditional sale of non-core design and packing business to a management buy-in team ...read more |
| Park Group, whose preliminary results for the year ended 31 March 2004 are due to be released tomorrow, announces that it has conditionally agreed to sell the business and assets of its design and packing operation, Link Brand Solutions Limited (“Link Brand”), to a management buy-in team. This follows the disposal to Wirral Borough Council in April of Park’s call centre facility, Consus. | |
| 04.05.2004 | Christopher Houghton Appointed Group Managing Director of Park Group ...read more |
| Christopher Houghton, finance director of Park Group plc, the financial services company based in Birkenhead, has been appointed group managing director. | |
| 16.02.2004 | Park Group Reaches Agreement on the Disposal of its Call Centre ...read more |
| Park Group plc ('Park'), the financial services business, has reached agreement in principle on the disposal of its loss-making call centre facility in Birkenhead. This follows an announcement to the Stock Exchange on 29 January 2004 stating that the company was in talks which 'may or may not lead' to a disposal of this facility. | |
| 2003 Highlights | |
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| 05.12.2003 | Interim Results for the Half Year Ended 30 September 2003 ...read more |
| Peter Johnson, chairman, states: "Our cash savings and cash lending divisions continue to enjoy healthy growth. Strong cash flow and a recession-resilient business model provide us with a stable platform on which to build these two core activities. Their performance so far in the current year has been such that I am confident of further progress for the full year to next March." | |
| 18.11.2003 | Park Group Acquires Home Collected Credit Loan Book for £2.3m ...read more |
| Park Group plc, the Birkenhead-based financial services specialist, is acquiring the business and assets of the North East and North West regions of Mirfield Financial Services Limited for £2.3m in cash, payable from Park’s own resources. Of the total consideration, £1.7m will be paid on completion and the balance on confirmation of the loan book. | |
| 23.09.2003 | Park Group Maintains Momentum in Current Year ...read more |
| "The current year is maintaining the improved momentum achieved last year",Peter Johnson, chairman, will tell shareholders of Park Group at the company's AGM (at 12 noon) in Birkenhead today. | |
| 06.06.2003 | Preliminary Results for the Year Ended 31st March 2003 ...read more |
| Peter Johnson, Chairman, comments: "We have made a good start to the current financial year with orders for Christmas 2003 in our cash savings business currently 12.7 per cent ahead of the comparable period in 2002. At the same time we are delighted to have moved into profit before interest in our cash lending division where we see considerable scope for building a strong and profitable business. Against this background, and as we continue to concentrate on growing shareholder value, I feel the group can look forward to another year of further progress." | |
| 30.01.2003 | Former Kingfisher Executive joins Park Group's High Street Vouchers ...read more |
| Paul Hunter, 42, formerly the driving force behind Kingfisher's gift voucher operation, has joined High Street Vouchers ("HSV"), the UK's largest provider of multi-redemption vouchers, as business development director. HSV is a subsidiary of Park Group, the Birkenhead-based financial services and marketing organisation. | |
| 2002 Highlights | |
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| 06.12.2002 | Interim Results for the Half Year Ended 30 September 2002 ...read more |
| Peter Johnson, Chairman, comments: "After an encouraging performance by the group in the first half I am confident that we can produce a further improvement for the year as a whole." | |
