Director Share Purchases

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 / PDMR	Position	Ordinary Shares purchased	Price (pence)	Shareholding following purchase	Shareholding as a percentage of issued share capital
John Newman	Non-Executive Chairman	25,000	22.35	152,166	0.17%
Ian Smith	Chief Executive Officer	54,000	23.25	181,667	0.20%
James Roberts	Chief Financial 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
	[e-mail]

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 /Amendment	Initial
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 financial instrument, type of instrument Identification code	Ordinary Shares of 10p each ISIN: GB00BCDBXK43
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.  22.35 2.  23.25 3.  21.75 1.  25,000 2.  54,000 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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