#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...
RNS Number: 5068 Q 1 PM PLC 21 October 2019 21 October 2019. The Company announces that, further to the publication of its Annual Report and Accounts for the year ended 31 May 2019 and notice of Annual General Meeting on 25 September 2019, the Company intends to hold an ad-hoc General Meeting immediately following the completion of the AGM to seek shareholder...
1 pm plc, 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 at an average price of 28.93 pence per share.. 1 pm's strategy is to focus on providing or arranging the...
1 pm plc, the AIM listed independent specialist provider of finance facilities to the SME sector, today announces that the following Directors purchased a total of 116,769 ordinary shares of 10 pence each in the capital of the Company on 14 October 2019, as detailed below:. 1 pm's strategy is to focus on providing or arranging the finance UK SMEs require to fund...
RNS Number: 6510 P 1 PM PLC 11 October 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.
RNS Number: 5452 N 1 PM PLC 25 September 2019 25 September 2019. Robust demand for finance from smaller UK SMEs and consumers. It provides a multi-product offering of Asset, Loan, Invoice and Vehicle finance generating strong demand from smaller UK SMEs and consumers.
RNS Number: 9734 K 1 PM PLC 03 September 2019 3 September 2019. Issue of equity following earn-out achievement. 1 pm plc, the AIM listed independent specialist provider of finance facilities to UK SMEs, announces a further issue of equity to satisfy the achieved earn-out consideration for Positive Cashflow Finance Limited, key dates in the 2019 financial...
RNS Number: 8270 F 1 PM PLC 17 July 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.
1PM Plc (OPM.L) Announced, in its trading update, that revenue for the year is expected to increase by 6% to £31.8 million. Further, PBTE for the year expected to be approximately £8.2 million. Net assets increased over more than 10% to £53 million. Over 50% of revenue for the current year to 31 May 2020 already secured as "unearned income" providing a good degree of visibility on future earnings. In January 2019, strategic and operating plans were announced for the next phase of the Group's growth through to the financial year ended 31 May 2024 including adding scale through both organic growth and carefully selected acquisitions in order to build a lending portfolio of approximately £350 million.
·Deal origination of approximately £161 million, an organic increase of over 12%. ·Revenue for the year expected to be £31.8 million, an organic increase of 6%. ·Fully diluted earnings per share of approximately 6.6 pence following share issues to satisfy acquisition earn-out targets being achieved, compared with 6.5 pence in the prior year, an increase of 2%.
1PM Plc (OPM.L) Announced that its wholly owned subsidiary undertaking, Positive Cashflow Finance Limited (Positive), which is engaged in the provision of invoice finance facilities for UK SMEs, has reported profits in excess of the earn-out targets set at the time it was acquired in July 2017. As a result of this, in accordance with the earn-out arrangements agreed in 2017, payments will be satisfied by two further issues of 1,388,888.00 new ordinary shares of 10.00p each in October 2019 and October 2020. Separately, David Smith, a member of the founding management team and currently Managing Director at Positive, has announced his intention to step-down from his role with effect from 30 June 2019. Further, Phil Chesham, also a member of the founding management team and currently Sales Director at Positive, has been promoted to the position of Head of Business and will manage Positive with the two other founder members, Peter Davis, Finance Director and Simon Cook, Commercial Director.
RNS Number: 5290 C 1 PM PLC 18 June 2019 18 June 2019. Positive Cashflow achieves three-year earn-out targets one year early. 1 pm plc, the AIM listed independent specialty finance provider, is delighted to announce that its wholly-owned subsidiary undertaking, Positive Cashflow Finance Limited, which is engaged in the provision of invoice finance facilities...
1PM (OPM.L) 43.00p £38.54m The “independent specialty finance provider, is pleased to announce that it has appointed David Jones to head up its group IT, Systems and Innovation function. David brings extensive knowledge to the Group with a career in IT spanning 30 years, having held a variety of senior IT roles for the past 20 years. Latterly, David spent over a decade as Group IT Director of former AIM listed financial services entity Jelf Group plc. This role saw him develop and oversee the IT infrastructure of a group that grew from 2 sites with some 80 staff to over 35 sites and in excess of 1,000 staff. This appointment represents the final step in restructuring and strengthening the Group's senior management team during the past two years. The Group's Operating Board now comprises dedicated heads of each of 1pm's central operating functions, comprising HR, Compliance, Risk, Marketing and IT, as well as Heads of the Group's product divisions, namely Asset, Vehicles, Loans and Invoice Finance.”
1PM Plc (OPM.L) Announced that it has appointed David Jones to head up its group IT, Systems and Innovation function. This appointment represents the final step in restructuring and strengthening the Group's senior management team during the past two years.
RNS Number: 1932 B 1 PM PLC 05 June 2019 5 June 2019. Strengthening of Senior Management team completed with appointment of Head of IT. 1 pm plc, the AIM listed independent specialty finance provider, is pleased to announce that it has appointed David Jones to head up its group IT, Systems and Innovation function..
1 pm plc, the AIM listed independent specialist provider of finance facilities to the SME sector, announces that Michaela Dodd, Head of Marketing, sold 47,350 ordinary shares of 10 p each in the Company at a price of 42.45 pence on 1 March 2019.. Mission Statement-' Helping the UK economy grow by supporting SMEs'. RNS is approved by the Financial Conduct Authority to...
1pm Plc
OPM.L
1pm Plc
Bid
-
-
-
Ask
  • High
    -
  • OPEN
    -
  • VOL
    -
  • MKT CAP
    -m
  • LOW
    -
  • CLOSE
    -
  • AVG VOL
    -
  • SHARES IN ISSUE
    87.60M

Featured Media

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.

Classification

Market Indices-

Locations

HQ
The Square
St. James House
Lower Bristol Road, 2nd Floor
Bath
BA2 3BH
Watchlist