1pm, the AIM quoted independent provider of finance to the SME sector, has today been informed that on 21 January 2015 Ron Russell, non-executive director, purchased 25,907 shares in the Company at 62.65p per share and on 22 January 2015 purchased a further 15,000 shares in the Company at a price of 63.00p per share following which Mr Russell's aggregate holding of shares in the Company is 7,348,684 shares. UK Private Healthcare Limited, a company of which Mr Russell is a director and with which he is connected by virtue of a 25 per cent. shareholding, has an interest in 622,950 shares in the Company.
Don't forget we have a lot of cheap shares still being dumped by the big boy holder in my opinion and the placing shares that are in profit . Then again this has been tipped as being oversold only a few weeks ago by the Investors chronicle who said buy this baby strait up to 70p and beyond to 89p . With the current brokers re tip also of 80p being reiterated , well , just hold on and buy in the dips , as this company appears to be going places
I think most of the market is waiting for both QE via the ECB being confirmed on Thursday . Also , after that we need to know what is going to happen to Greece after their election . Will greece stick two fingers up at the Germans ? I think they will . The euro in my opinion is set to fall to 1.40 to 1.50 to the pound . The Euro is still way too high and only Germany has been the benefactor to make their exports look cheaper .
Commenting on the success of the move, 1pm's CEO Maria Lewis, said:
"Everyone is delighted with the move. The increased office space and open-plan layout will undoubtedly contribute towards even greater operational efficiencies and enhance our business culture. We are also planning to recruit up to twenty additional staff over the next 12 months as 1pm continues to benefit from strong demand for its asset finance and business loans services from across the UK's SME market."
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.