Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOPM.L Share News (OPM)

  • There is currently no data for OPM

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

1pm acquires MH Holdings for £12m

Tue, 28th Jul 2015 17:00

(ShareCast News) - Finance firm 1pm has acquired MH Holdings for £12m and plans to raise £7.3m in a placing of shares to fund the deal.MH Holdings is a provider of equipment finance and an equipment and vehicles broker with an annualised turnover of £5.1m. It is the only trading company of which is Academy Leasing in Warrington.Chairman Ian Smith said: "The acquisition of MHH substantially increases the size of our business and significantly expands both our customer base and our portfolio of products and services."Furthermore, 1pm plans to raise £6.5m before expenses pursuant to the placing and £0.76m pursuant to the open offer to fund the acquisition.WH Ireland, the company's nominated adviser, lead the deal and announced on Tuesday that, in line with research procedures, it has suspended its forecasts, recommendation and target price.1pm announced last week a maiden dividend as it reported a 20% hike in pre-tax profits for the year. The AIM listed company posted pre-tax up a fifth to £1.62m, from £1.35m the year before.Shares were down 2.96% to 65.5p on Tuesday.
More News
12 Jan 2017 16:05

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
23 Sep 2016 15:05

UK Shareholder Meetings Calendar - Next 7 Days

Read more
8 Jul 2016 12:45

1PM sees FY adjusted pre-tax profit materially above market views

(ShareCast News) - Independent specialist finance provider 1PM says its group full-year adjusted pre-tax profit will be materially above current market views. "The trading results for the year ended 31 May 2016 will show strong growth in revenue and profits compared with the prior year," said the co

Read more
8 Jul 2016 09:23

WINNERS & LOSERS SUMMARY: Inchcape Seen In Fast Lane Post-Brexit

Read more
8 Jul 2016 06:34

Specialist Finance Firm 1pm Sees Profit Ahead Of Expectations

Read more
22 Jun 2016 12:35

1PM CFO Helen Walker to step down

(ShareCast News) - AIM-listed specialist provider of finance facilities to the SME sector, 1PM, said its chief financial officer Helen Walker plans to step down at the end of its current financial year ending 31 May 2017. "Helen's service agreement has previously been based on an arrangement of four

Read more
22 Jun 2016 10:28

1PM To Search For New Full-Time Finance Boss As Walker To Step Down

Read more
5 May 2016 16:44

1pm acquires vehicle lease book for £1.6m

(ShareCast News) - Independent provider of finance facilities for the small-to-medium enterprise sector, 1pm, announced on Thursday that it has acquired a book of receivables for £1.6m cash on completion through its wholly-owned subsidiary Academy Leasing. The AIM-traded company said the book compri

Read more
5 May 2016 09:35

1pm Buys Vehicle Fleet Equipment Receivables Book For GBP1.6 Million

Read more
23 Mar 2016 08:56

1pm Acquires Asset Finance Provider Bradgate For GBP2.8 Million (ALLISS)

Read more
26 Jan 2016 09:31

1pm Sees Rising Competition Amid Academy Leasing Boost To Earnings

Read more
18 Dec 2015 16:19

1PM prepares market for positive interim results

(ShareCast News) - A newly-expanded 1PM greased the market on Friday, to prepare it for positive interim results come January. The AIM-listed specialist finance provider updated the market ahead of the publication of its interim results for the six months to 30 November, which were due to be release

Read more
18 Dec 2015 08:46

1pm Trades Ahead Of Expectations With Academy Addition Boost

Read more
26 Nov 2015 09:52

1pm Chairman To Become Chief Executive, Non-Executive To Be Chairman

Read more
25 Aug 2015 07:25

LONDON BRIEFING: RSA To Recommend Zurich Offer; BHP Raises Dividend

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.