18 May 2017 16:11
18 May 2017
1pm plc
(the "Group" or the "Company")
Director/PDMR Shareholding
1pm plc (AIM: OPM), the AIM listed independent specialist provider of finance facilities to the SME sector, confirms that, further to the announcement made this morning, all those Directors who indicated that they intended to participate in the Fundraising have now confirmed their participation.
Accordingly, the following Directors have agreed to subscribe for Placing Shares, in the following amounts, at the Issue Price of 45 pence per Ordinary Share:
Director | Number of Existing Ordinary Shares held | Number of Placing Shares Subscribed for | Resultant holding following Admission on 8 June 2016* | Estimated resultant percentage holding following Admission on 8 June 2016* |
Ian Smith | 41,667 | 55,500 | 97,167 | 0.12% |
Mike Nolan | 4,150,006 | 55,500 | 4,205,506 | 5.02% |
James Roberts | 0 | 22,000 | 22,000 | 0.03% |
John Newman | 41,667 | 55,500 | 97,167 | 0.12% |
Julian Telling | 41,667 | 55,500 | 97,167 | 0.12% |
*Assuming the Fundraising completes and the Open Offer is fully subscribed.
A further announcement will be made in due course at such time that the above transactions complete.
Capitalised terms used in this announcement have the meanings given to them in the Circular that was posted to Shareholders today.
For further information, please contact: |
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1pm plc |
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Ian Smith, Chief Executive Officer | 01225 474230 |
James Roberts, Chief Financial Officer | 01225 474230 |
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Cenkos (NOMAD) |
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Max Hartley (NOMAD), Julian Morse (Sales) | 0207 397 8900 |
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Walbrook PR | 0117 985 8989 |
Paul Vann | 07768 807631 |
| paul.vann@walbrookpr.com |