TIDMOPM

RNS Number : 5471G

1PM PLC

26 November 2020

26 November 2020

1pm plc

("1pm", the "Group" or the "Company")

DIRECTOR SHARE PURCHASES

1pm plc, the AIM listed independent specialist finance provider, announces that the following Directors of the Company purchased a total of 101,933 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") on 24 November 2020, as detailed below.

 
 Director         Position                    Ordinary      Price   Shareholding       Shareholding 
  / PDMR                                        Shares    (pence)      following    as a percentage 
                                             purchased                  purchase          of issued 
                                                                                      share capital 
---------------  ------------------------  -----------  ---------  -------------  ----------------- 
 John Newman      Non-Executive Chairman        25,000      22.35        152,166              0.17% 
                  Chief Executive 
 Ian Smith         Officer                      54,000      23.25        181,667              0.20% 
                  Chief Financial 
 James Roberts     Officer                      22,933      21.75         61,702              0.07% 
 
 
 For further information, 
  please contact: 
 
 1pm plc 
 Ian Smith, Chief Executive 
  Officer                                       07768 394162 
 James Roberts, Chief Financial 
  Officer                                       01225 474230 
 
 Cenkos Securities plc (NOMAD) 
 Max Hartley / Ben Jeynes 
  (Nomad) 
  Julian Morse (Sales)                         0207 397 8900 
 
 Walbrook PR                                   0207 933 8780 
 Paul Vann                                      07768 807631 
                                    paul.vann@walbrookpr.com 
 

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 
 
 1    Details of the persons discharging managerial responsibilities 
       / persons closely associated 
 a)   Name                                1. John Newman 
                                           2. Ian Smith 
                                           3. James Roberts 
     ----------------------------  ------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                     1. Non-Executive Chairman 
                                           2. Chief Executive Officer 
                                           3. Chief Financial Officer 
     ----------------------------  ------------------------------------- 
 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. 22.35    1. 25,000 
                                        2. 23.25    2. 54,000 
                                        3. 21.75    3. 22,933 
                                                  ----------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume 
       - Price                        n/a single transactions 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction            1. 24 November 2020 
                                          2. 24 November 2020 
                                          3. 24 November 2020 
     ----------------------------  ------------------------------------- 
 f)   Place of the transaction      London Stock Exchange (AIMX) 
     ----------------------------  ------------------------------------- 
 

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END

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