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OPM 1pm Plc

24.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
1pm Plc LSE:OPM London Ordinary Share GB00BCDBXK43 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 24.00 23.50 24.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

1PM PLC Additional Loan Note Issue (2054G)

25/05/2017 7:02am

UK Regulatory


1pm (LSE:OPM)
Historical Stock Chart


From Apr 2019 to Apr 2024

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TIDMOPM

RNS Number : 2054G

1PM PLC

25 May 2017

25 May 2017

1pm plc

(the "Group" or the "Company")

Additional loan note issue

LOAN NOTE PROGRAMME: SUCCESSFUL COMPLETION OF SECOND SECURED LOAN NOTE ISSUE

1pm plc (AIM: OPM), the AIM listed independent specialist provider of finance facilities to the SME sector, is pleased to announce the successful issue of GBP1.23 million three year monthly amortising notes under the Group's GBP7.5 million secured loan note programme ("SLNP"). The second loan note issue is to raise funds to meet increasing demand for general business loans and property-backed loans from SMEs being originated through the recent establishment of the Loans division and the acquisition of Intelligent Financing Limited, trading as iLoans.

The Group is pleased to note that the second issue under the SLNP was oversubscribed. The SLNP is arranged and administered by LGB Corporate Finance.

 
 
   For further information, 
   please contact: 
 
 1pm plc 
 Ian Smith, Chief Executive 
  Officer                                   01225 474230 
 James Roberts, Chief 
  Financial Officer                         01225 474230 
 
   LGB Corporate Finance 
   Angus Grierson, Director                0207 518 9892 
 Cenkos (NOMAD) 
 Max Hartley (NOMAD), 
  Julian Morse (Sales)                     0207 397 8900 
 
 Walbrook PR                               0117 985 8989 
 Paul Vann                                  07768 807631 
                                paul.vann@walbrookpr.com 
 

About 1pm:

The Company was admitted to AIM in August 2006.

1pm plc is a group of established independent finance companies focused on providing SMEs with accessible funding to add value to their businesses. All customers must have good credit histories and proven ability to repay their finance commitments.

Mission Statement - 'Helping the UK economy grow by supporting SMEs'

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCSEESIIFWSELI

(END) Dow Jones Newswires

May 25, 2017 02:02 ET (06:02 GMT)

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