1PM PLC Directors' Participation in Placing (5918F)

TIDMOPM

RNS Number : 5918F

1PM PLC

18 May 2017

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, confirms that, further to the announcement made this morning, all those Directors who indicated that they intended to participate in the Fundraising have now confirmed their participation.

Accordingly, the following Directors have agreed to subscribe for Placing Shares, in the following amounts, at the Issue Price of 45 pence per Ordinary Share:

 
                                                                           Estimated 
                                                                           resultant 
                      Number        Number            Resultant           percentage 
                 of Existing    of Placing    holding following    holding following 
                    Ordinary        Shares            Admission            Admission 
                      Shares    Subscribed            on 8 June            on 8 June 
 Director               held           for                2016*                2016* 
 Ian Smith            41,667        55,500               97,167                0.12% 
 Mike Nolan        4,150,006        55,500            4,205,506                5.02% 
 James 
  Roberts                  0        22,000               22,000                0.03% 
 John Newman          41,667        55,500               97,167                0.12% 
 Julian 
  Telling             41,667        55,500               97,167                0.12%

*Assuming the Fundraising completes and the Open Offer is fully subscribed.

A further announcement will be made in due course at such time that the above transactions complete.

Capitalised terms used in this announcement have the meanings given to them in the Circular that was posted to Shareholders today.

 
 
   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                               0117 985 8989 
 Paul Vann                                  07768 807631 
                                paul.vann@walbrookpr.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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