1PM PLC Director/PDMR Shareholding (9511P)

TIDMOPM

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      Price   Shareholding       Shareholding 
                                          Shares    (pence)      following    as a percentage 
                                       purchased                  purchase          of issued 
                                                                                share capital 
----------------  -----------------  -----------  ---------  -------------  ----------------- 
                   Chief Executive 
 Ian Smith          Officer               30,000     29.500        127,667              0.14% 
                   Chief Operating 
 Edward Rimmer      Officer               20,000     29.500         53,000              0.06% 
                   Chief Finance 
 James Roberts      Officer               16,769     29.745         38,769              0.04% 
                   Non-executive 
 Julian Telling     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 
                                             [e-mail] 
 

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           Initial 
       /Amendment 
     -----------------------------  ------------------------------------ 
 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                 Ordinary Shares of 10p each 
       the financial 
       instrument, type               ISIN: GB00BCDBXK43 
       of instrument 
       Identification 
       code 
     -----------------------------  ------------------------------------ 
 b)   Nature of the                  Purchase of Ordinary Shares 
       transaction 
     -----------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)           Price(s)     Volume(s) 
                                        1. 29.500    1. 30,000 
                                         2. 29.500    2. 20,000 
                                         3. 29.745    3. 16,769 
                                         4. 29.500    4. 50,000 
                                                    ----------- 
     -----------------------------  ------------------------------------ 
 d)   Aggregated information 
       - Aggregated volume             N/A - single transaction 
       - Price 
     -----------------------------  ------------------------------------ 
 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 
     -----------------------------  ------------------------------------ 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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October 15, 2019 08:04 ET (12:04 GMT)