Home collected credit provider Morses Club has outlined plans for a corporate restructure which is set to lead to the creation of a new listed holding company for group.
The Batley-headquartered business is proposing a reorganisation of its business and corporate structure. This would involve the introduction of a new, AIM-quoted holding company for the group, U Money plc.
Morses Club PLC (LON:MCL) is an established, relationship-driven consumer finance provider offering a range of credit products and delivering exceptional services to customers in the non-standard finance market.