RNS Number: 2485 N 1 PM PLC 18 May 2020 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 2466 M 1 PM PLC 07 May 2020 7 th May 2020. 1 pm plc, the AIM listed independent specialist provider of finance facilities to UK SMEs, is pleased to announce that Ian Smith, CEO and James Roberts, CFO will provide a live presentation relating to the Company's recent announcement on 5 May, which comprised a COVID-19 Trading Update and news that it has been...
1PM Plc (OPM.L) Announced that it has been approved for accreditation as a lending partner under the Government's Coronavirus Business Interruption Loan Scheme ("CBILS"). CBILS is administered by British Business Bank. The British Business Bank has approved 1PM Finance (UK) Ltd, a wholly-owned subsidiary of the Company, which trades as Onepm Finance ("Onepm"), for accreditation as a participating lender under CBILS. In addition, the company provides a further update on the impact of COVID-19 on the Group's business activities. The group is pleased to report that after seven weeks of remote working, operations continue to be effectively and successfully carried out in respect of all four of these principles. The group has used the Coronavirus Job Retention Scheme and furloughed approximately one-third of its 184-strong workforce. As previously announced and consistent with the company's standard approach, 1pm has dealt with these in-bound requests from borrowers on a case-by-case basis in agreeing to provide appropriate support. The Board confirms that 1pm has a strong financial base to operate from with a robust balance sheet (showing unaudited net assets of £56.1 million as at 30 November 2019), with operational liquidity, covenant headroom, and committed funding facilities for current lending activities. The Company's lenders continue to be unanimously supportive of the group. #OPM
RNS Number: 8930 L 1 PM PLC 05 May 2020 5 May 2020. 1 pm plc, the AIM listed independent specialist provider of finance facilities to UK SMEs, is pleased to announce that it has been approved for accreditation as a lending partner under the Government's Coronavirus Business Interruption Loan Scheme. Becoming an accredited lender will enable the Group to expand its...
RNS Number: 1940 L 1 PM PLC 28 April 2020 28 April 2020. 1 pm plc, the AIM listed independent specialist provider of finance facilities to UK SMEs, today announces a directorate change following a reorganisation of the senior management team.. Over the past two years, 1 pm has been integrating acquired businesses into the Group.
1 pm plc, the AIM listed independent specialist provider of finance facilities to UK SMEs, provides an update in respect of the interim dividend of 0.36 pence per share previously declared for the half year period ended 30 November 2019.. 1 pm's strategy is to focus on providing or arranging the finance UK SMEs require to fund their businesses and arranging...
RNS Number: 7514 H 1 PM PLC 26 March 2020 26 March 2020. Open for business and supporting UK SMEs. 1 pm plc, the AIM listed independent specialist provider of finance facilities to UK SMEs, provides shareholders with the following update on measures taken by the Company in response to COVID-19 and on the current business impact of the pandemic..
1PM (OPM.L) 27.25p £24.3m The independent specialist finance provider, has further increased its back-to-back invoice finance funding facility with NatWest by an additional £5m to £42m. The facility will be used exclusively for the purpose of lending to UK businesses and provides the Group’s two invoice finance businesses, Positive Cashflow Finance and Gener8 Finance, with additional funding to meet demand from their growing number of SME clients. Over the twelve months since 31 January 2019, the combined invoice finance businesses have achieved steady growth in client numbers and funds advanced to clients during this period have increased by 9%. Both businesses continue to experience robust demand. Under the expanded Medium-Term Loan Note (“MTNs”) Programme, announced on 26 Nov 2019, the Group has now completed two issuances of loan notes, specifically for the Group’s Loans Division, totalling £5.m. These MTNs have been placed with institutional funders. A total of £8.8m have now been issued. #OPM
1PM Plc #OPM announced that it has further increased its back-to-back invoice finance funding facility with NatWest by an additional £5.0 million to £42.0 million. The facility will be used exclusively for the purpose of lending to U.K. businesses and provides the company’s two invoice finance businesses, Positive Cashflow Finance and Gener8 Finance, with additional funding to meet demand from their growing number of SME clients. In addition, under the expanded Medium-Term Loan Note (MTN) programme, the company has now completed two issuances of loan notes, specifically for the group's loans division, totalling £5.0 million. These MTNs have been placed with institutional funders. A total of £8.8 million of MTNs have now been issued.
1 pm plc, the AIM listed independent specialist finance provider, is pleased to announce that it has further increased its back-to-back invoice finance funding facility with NatWest by an additional £5.0 m to £42.0 m. The facility will be used exclusively for the purpose of lending to UK businesses and provides the Group's two invoice finance businesses,...
·Deal origination increased 7% to £87.8 m, 65% of which was brokered to other lenders for commissions. ·Group revenue of £15.6 m, reflecting slight change in product mix. ·Group operating profit before exceptional items of £3.2 m.
#OPM - Ian Smith, CEO & Ed Rimmer, COO, give a corporate overview of 1pm, at Mello London November 2019, and outline the strategy to achieve £350m loan book by 2024 (from £140m).
·£5 m of new and improved facilities with existing debt providers. 1 pm plc, the AIM listed independent specialist finance provider, is pleased to announce that it has secured new and extended facilities to provide further funding for UK SMEs. The new facilities are primarily for the Group's Loans division with an increase in the current £7.5 m Secured Medium...
RNS Number: 8553 S 1 PM PLC 08 November 2019 8 November 2019. 1 pm plc, the AIM listed independent specialist provider of finance facilities to the SME sector, announces that Ron Russell, Non-Executive Director, today purchased 68,916 ordinary shares of 10 pence each in the capital of the Company at a price of 28.945 pence per Ordinary Share. Furthermore, Ron...
RNS Number: 8235 S 1 PM PLC 08 November 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
1 pm plc, the AIM listed independent specialist finance provider, announces that all resolutions were duly passed at both the Annual General Meeting and the General Meeting of the Company held today in Bath. 1 pm's strategy is to focus on providing or arranging the finance UK SMEs require to fund their businesses and arranging vehicle and property-backed...
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Company Profile

1pm plc (1pm), established in 2006 is an independent provider of finance facilities to the SME sector. The 1pm plc group offer a full range of business finance solutions to the UK market from asset finance, hire purchase, commercial loans through to invoice finance and factoring. Please follow the links above to our trading entities and find the one that most suits your financing needs.

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