ARROW GLOBAL GROUP PLC (ARW)

ARROW GLOBAL GROUP PLC (ARW)

AGM Reports

Arrow Global (ARW) AGM 2016

Manchester Town Hall had seemed a rather big venue for the annual general meeting of Arrow Global, a little-known purchaser of non-performing consumer loans (NPLs). In the event the AGM was held in the slightly less grand Lord Mayor’s Parlour. Apart from a few Arrow employees, I appeared to be the only shareholder present, and the only one asking questions. Arrow, a £470m market cap company floated on the main market at 205p a share in October 2013, is a conundrum. Since ...