28 Oct 2016 16:20
28 October 2016
1pm plc
(the "Group" or the "Company")
BLOCK ADMISSION
The Company announces that an application has been made to AIM for a block admission in respect of 1,000,000 ordinary shares of 10p each ("New Ordinary Shares") in the share capital of the Company (the "Block Admission"). This Block Admission will be used to satisfy the issue of shares pursuant to exercises of options under the Company's Executive Share Option Plan and Employee Share Option Plan.
An application has been made for the New Ordinary Shares to be admitted to trading on AIM ("Admission"), which is expected to occur on 3 November 2016.
The Company's issued share capital will not change as a result of the Block Admission. The Company expects to publish its first 6 monthly Block Listing Interim Review on or around 28 April 2017.
For further information, please contact: | |
1pm plc | |
Ian Smith, Chief Executive Officer | 01225 474230 |
Helen Walker, Chief Financial Officer | 01225 474230 |
Cenkos (NOMAD) | |
Max Hartley (NOMAD), Julian Morse (Sales) | 0207 397 8900 |
Walbrook PR | 0117 985 8989 |
Paul Vann | 07768 807631 |
paul.vann@walbrookpr.com |
About 1pm:
The Company was admitted to AIM in August 2006.
1pm plc is a group of established independent finance companies 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.
Mission Statement - 'Helping the UK economy grow by supporting SMEs'
More information is available on the Company website www.1pm.co.uk