Liberum appointed as NOMAD and Sole Corporate Broker to DF Capital
We are pleased to announce that Liberum has been appointed as Nominated Adviser and Sole Corporate Broker to Distribution Finance Capital Holdings plc (“DF Capital” or the “Company”).
DF Capital is a specialist commercial lending and personal savings bank. It supports the working capital needs of manufacturers and dealers across the UK, enabled by an award-winning online deposit raising capability.
The Company has grown significantly in recent years, was granted a bank licence in 2020, and had a loan book of £581 million as at 31 December 2023, up 32% from the prior year. Today it works with 90 manufacturers and over 1,200 dealers in the commercial and leisure sectors.
The Company was admitted to trading on AIM in May 2019 and trades under the ticker DFCH.
Liberum has acted as Joint Corporate Broker to the Company since January 2023 and has been appointed as Nomad and Sole Corporate Broker with immediate effect.
Liberum Team
Investment Banking – Chris Clarke, William King, Anake Singh
Research – James Allen
Sales – Oliver Baxendale, Ruth Watts