1PM PLC Director/PDMR Shareholding (9124R)

TIDMOPM

RNS Number : 9124R

1PM PLC

19 June 2018

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR")

1pm plc

(the "Group" or the "Company")

Director/PDMR Shareholdings

1pm plc (AIM: OPM), the AIM listed independent specialist provider of finance facilities to the SME sector, announces that Mike Nolan, Executive Director, who announced in December 2017 his intention to retire in December this year, sold 1,000,000 ordinary shares of 10p each in the Company ("Ordinary Shares") at a price of 45p per share on 19 June 2018. Following this sale, Mr Nolan has a total interest in 4,432,969 Ordinary Shares in the Company, representing approximately 5.1 per cent. of its issued share capital.

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                           Michael Francis Nolan 
     -----------------------------  ------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                Managing Director - Asset Finance 
     -----------------------------  ------------------------------------ 
 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 the             Ordinary Shares of 10p each 
       financial instrument, 
       type of instrument 
                                      ISIN: GB00BCDBXK43 
       Identification code 
     -----------------------------  ------------------------------------ 
 b)   Nature of the transaction      Sale of Ordinary Shares 
     -----------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)           Price(s)         Volume(s) 
                                        45p per share    1,000,000 
                                                        ---------- 
     -----------------------------  ------------------------------------ 
 d)   Aggregated information 
 
 
       - Aggregated volume 
                                       N/A - single transaction 
 
       - Price 
     -----------------------------  ------------------------------------ 
 e)   Date of the transaction        19 June 2018 
     -----------------------------  ------------------------------------ 
 f)   Place of the transaction       London Stock Exchange 
     -----------------------------  ------------------------------------ 
 
 
 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

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 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 rns@lseg.com or visit www.rns.com.

END

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