1PM PLC Block Admission (7875N)

TIDMOPM

RNS Number : 7875N

1PM PLC

28 October 2016

1pm plc

(the "Group" or the "Company")

BLOCK ADMISSION

The Company announces that an application has been made to AIM for a block admission in respect of 1,000,000 ordinary shares of 10p each ("New Ordinary Shares") in the share capital of the Company (the "Block Admission"). This Block Admission will be used to satisfy the issue of shares pursuant to exercises of options under the Company's Executive Share Option Plan and Employee Share Option Plan.

An application has been made for the New Ordinary Shares to be admitted to trading on AIM ("Admission"), which is expected to occur on 3 November 2016.

The Company's issued share capital will not change as a result of the Block Admission. The Company expects to publish its first 6 monthly Block Listing Interim Review on or around 28 April 2017.

 
 
   For further information, 
   please contact: 
 
 1pm plc 
 Ian Smith, Chief Executive 
  Officer                                      01225 474230 
 Helen Walker, Chief Financial 
  Officer                                      01225 474230 
 
 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

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