Director/PDMR Shareholding

By

Regulatory News | 15 Oct, 2019

Updated : 13:05

RNS Number : 9511P
1PM PLC
15 October 2019
 

15 October 2019

 

 

1pm plc

(the "Group" or the "Company") 

 

Director/PDMR Shareholding

 

 

1pm plc (AIM: OPM), the AIM listed independent specialist provider of finance facilities to the SME sector, today announces that the following Directors purchased a total of 116,769 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") on 14 October 2019, as detailed below:

 

 

Director

Position

Ordinary Shares purchased

Price

(pence)

Shareholding following purchase

Shareholding as a percentage of issued share capital

 

Ian Smith

Chief Executive Officer

30,000

29.500

127,667

0.14%

Edward Rimmer

Chief Operating Officer

20,000

29.500

53,000

0.06%

James Roberts

Chief Finance Officer

16,769

29.745

38,769

0.04%

Julian Telling

Non-executive Director

50,000

29.500

222,166

0.25%

 

 

For further information, please contact:

 

 

1pm plc

 

Ian Smith, Chief Executive Officer

01225 474230

James Roberts, Chief Financial Officer

01225 474230

 

 

Cenkos (NOMAD)

 

Max Hartley (NOMAD), Julian Morse (Sales)

0207 397 8900

 

 

Walbrook PR

020 7933 8780

Paul Vann

07768 807631

 

paul.vann@walbrookpr.com

About 1pm:

 

1pm's strategy is to focus on providing or arranging the finance UK SMEs require to fund their businesses and arranging vehicle and property-backed finance for consumers. The multi-product range for SMEs includes asset, vehicle, loan and invoice finance facilities. The Group operates a "hybrid" lending and broking model enabling it to optimize business levels through market and economic cycles.

 

More information is available on the Company website www.1pm.co.uk

 

 

 

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1.   Ian Smith

2.   Edward Rimmer

3.   James Roberts

4.   Julian Telling

2

Reason for the notification

a)

Position/status

1.   Chief Executive Officer

2.   Chief Operating Officer

3.   Chief Finance Officer

4.   Non-executive Director

b)

Initial notification /Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

1pm plc

b)

LEI

213800VG3QJGBP2MKR86

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 10p each

 

ISIN: GB00BCDBXK43

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

1.   29.500

2.   29.500

3.   29.745

4.   29.500

1.   30,000

2.   20,000

3.   16,769

4.   50,000

 

d)

 

Aggregated information

- Aggregated volume

- Price

 

 N/A - single transaction

 

e)

Date of the transaction

1.   14 October 2019

2.   14 October 2019

3.   14 October 2019

4.   14 October 2019

f)

Place of the transaction

London Stock Exchange

 


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