Directorate Change

RNS Number : 6503N

1PM PLC

10 September 2013

 



10 September 2013

1PM PLC

(AIM: OPM)

Directorate Change

1pm plc ("1pm" or "the Company"), the AIM listed specialist independent provider of lease asset finance to the SME sector, announces the resignation of Michael Johnson, Non-Executive Chairman with effect from today.

Ronald Russell FCCA, currently a Non-Executive Director will become Interim Chairman until a suitable replacement is appointed.

Maria Hampton, CEO of 1pm, commented:

"Mr Johnson has decided that after nearly seven years with the Company and to coincide with his approaching 70^th birthday he is to retire. The Board wishes to thank Mr Johnson for his contribution and wise counsel and wish him a happy retirement."

For further information, please contact:
1pm plc
Maria Hampton, CEO	0844 967 0944
WH Ireland (NOMAD)
Mike Coe	0117 945 3470
Winningtons Financial PR	0117 985 8989
Paul Vann	07768 807631
	[e-mail]

About 1pm:

1pm plc is an established independent asset finance company 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. 1pm currently lends from £1,000 to £50,000 for a period of between 12 and 60 months. The Company was admitted to AIM in August 2006.

Mission Statement - 'Helping the UK economy grow by supporting SMEs'

You can find more information on the Company website www.1pm.co.uk 

 

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