The company issued a trading update concurrently with plans for a placing by a group of directors, employees and former employees of Arrow following the expiry of the two year IPO lock-up. Arrow Global Group expects overall FY earnings to be in line with its forecasts, it remains confident in its future growth prospects. Trading update highlights: Acquired debt portfolios for an aggregate purchase price of ££23.1m m with a strong Q4 pipeline of which 97.1 is in final implementation. Investments were split 51% UK and 49% mainland Europe - in line with target returns 120-month ERC £1.15 bn +60% at 30 September 2015 84-month ERC £955.1 m + 6.4% at 30 September 2015 Quarterly results are scheduled to be announced on 26 November.
The company issued a trading update concurrently with plans for a placing by a group of directors, employees and former employees of Arrow following the expiry of the two year IPO lock-up. Arrow Global Group expects overall FY earnings to be in line with its forecasts, it remains confident in its future growth prospects. Trading update highlights: Acquired debt portfolios for an aggregate purchase price of £97.1 m with a strong Q4 pipeline of which £23.1m is in final implementation. Investments were split 51% UK and 49% mainland Europe - in line with target returns 120-month ERC £1.15 bn +60% at 30 September 2015 84-month ERC £955.1 m + 6.4% at 30 September 2015 Quarterly results are scheduled to be announced on 26 November.