AGM Trading Update

RNS Number : 2735L

1PM PLC

30 September 2016

 

30 September 2016

1pm plc

(the "Group" or the "Company")

ANNUAL GENERAL MEETING: TRADING UPDATE

1pm plc (AIM: OPM), the AIM listed specialist independent provider of finance facilities to the SME sector, will hold its Annual General Meeting later today in Bath.

At the meeting, Chairman, John Newman, will make the following statement on current trading to shareholders:

"Following another successful year ended 31 May 2016, which produced good organic and strategic growth, the Board is pleased to report that this positive trading momentum has continued into the current financial year.

"Trading and financial results for the first quarter ended 31 August 2016, were in line with management's expectations. This period included the "Brexit" referendum decision, which has in fact had no overall impact on business activity to date, reflecting the broad spectrum of SME sectors the Company serves through its three subsidiary entities, Onepm Finance, Academy Leasing and Bradgate Business Finance Limited."

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
	[e-mail]

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

 

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