Surprised to see your still here, in one of your posts you said you would sell by this price. Nothings changed from you in over a year. What's rotten can't be made clean. On to better things OPM is doing great, can't wait for this to rise.
I bet some of these share tip sites and publications might start waking up again to this share and 1pm , as it is starting to grow organically as well at a very fast rate with good strong controls on finance criteria in my opinion from the facts available . I wouldn't be surprised now to see this hit over a £1 by year end and maybe £1.50 plus next year .
i think now owns about 26.5% of the company give or take via his conversion of a 380,000 loan into stock now . This company is looking like a very juicy takeover target for someone either already a large share holder or a city finance company . We have just secured huge funding for this new financial year in addition to our placing and more to come . Also with the new ISA rules for peer to peer lending , maybe 1pm can wing that one to their advantage . I would be surprised if they are not already working on that further , as i believe they have already dipped that toe in that area . I can see great things from this little OPM...ITT
17 October 2014 1pm plc (“1pm” or the “Company”) AGM & General Meeting and Result of Placing and Open Offer 1pm plc (AIM: OPM), the AIM listed specialist indep endent provider of finance facilities to the SME se ctor, announces that, at the Annual General Meeting and General Meet ing of the Company held today in Bath, all resolutio ns put to shareholders were duly passed. Accordingly, the Pl acing and Open Offer announced on 22 September 2014 is expected to complete, conditional on Admission, on 20 October 2 014. The Open Offer closed for applications at 5.00 p.m. on 15 October 2014. Valid applications under the O pen Offer have been received for 1,344,259 New Ordinary Shares fro m Qualifying Shareholders. The total amount subscribed by Placees and Qualifyi ng Shareholders in the Fundraising is approximately £ 3.82m by way of: • a Placing of 4,918,032 New Ordinary Shares at 61 pen ce per share to Placees to raise £3 million (before expenses); and • a further issue of 1,344,259 New Ordinary Shares at 61 pence per share to Qualifying Shareholders pursu ant to the Open Offer to raise £0.82 million (before expen ses) The Company also announces that UK Private Healthca re Limited, a company of which Ron Russell is a dir ector and with which he is connected by virtue of a 25 per cent. s hareholding, has agreed to convert an outstanding lo an of £380,000 into Ordinary Shares at the Placing Price. UK Private He althcare Limited will therefore be issued with 622, 950 new Ordinary Shares pursuant to the loan conversion, representin g approximately 1.69 per cent. of the Company’s enla rged share capital. Application for the 6,262,291 new Ordinary Shares b eing issued pursuant to the Placing and Open Offer ha s been made and admission is expected to take place on 20 Octob er 2014. A further application has been made in re spect of the 622,950 new Ordinary Shares to be issued pursuant t o the conversion of the loan from UK Private Health care Limited and admission is expected to take place on 22 October 2 014. The New Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue. In accordance with the provisions of the Disclosure and Transparency Rules of the Financial Conduct Au thority, the Company confirms that, following these issues, its i ssued share capital will comprise 36,854,570 Ordina ry Shares of 10p each. All of these Ordinary Shares have equal voti ng rights and none of the Ordinary Shares are held in Treasury. The total number of voting rights in the Company is there fore 36,854,570. This announcement should be read in conjunction wit h the full text of the Circular posted to Sharehold ers on 22 September 2014, copies of which are available on th e Company’s website at www.1pm.co.uk . Capitalised terms in this announcement have the same meaning as given in the Ci rcular. Ne
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