18 Oct 2019 17:27
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1pm plc
(the "Group" or the "Company")Â
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Director/PDMR Shareholding
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1pm plc (AIM: OPM), the AIM listed independent specialist provider of finance facilities to the SME sector, has today been informed that Ron Russell, Non-Executive Director, today purchased a total of 282,941 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") at an average price of 28.93 pence per share.
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Following this purchase Mr Russell holds 10,840,165 Ordinary Shares representing approximately 12.2 per cent. of the Company's issued share capital.
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For further information, please contact: Â | Â |
1pm plc | Â |
Ian Smith, Chief Executive Officer | 01225 474230 |
James Roberts, Chief Financial Officer | 01225 474230 |
 |  |
Cenkos (NOMAD) | Â |
Max Hartley (NOMAD), Julian Morse (Sales) | 0207 397 8900 |
 |  |
Walbrook PR | 020 7933 8780 |
Paul Vann | 07768 807631 |
 | paul.vann@walbrookpr.com |
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About 1pm:
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1pm's strategy is to focus on providing or arranging the finance UK SMEs require to fund their businesses and arranging vehicle and property-backed finance for consumers. The multi-product range for SMEs includes asset, vehicle, loan and invoice finance facilities. The Group operates a "hybrid" lending and broking model enabling it to optimize business levels through market and economic cycles.
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More information is available on the Company website www.1pm.co.uk
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The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:
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1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Ron Russell | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-executive Director | ||||
b) | Initial notification /Amendment | Initial | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | 1pm plc | ||||
b) | LEI | 213800VG3QJGBP2MKR86 | ||||
4 Â | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)  | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 10p each  ISIN: GB00BCDBXK43 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) | Â
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d) Â | Aggregated information - Aggregated volume - Price | Â Â
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e) | Date of the transaction | 18 October 2019 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
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