Business
Directors' Participation in Placing
Directors' Participation in Placing.
About this update from Time Finance Plc
[{"type":"text","content":"\n \nRNS Number : 5918F 1PM PLC 18 May 2017 \n\n18 May 2017 \n1pm plc\n(the \"Group\" or the \"Company\")\n \nDirector/PDMR Shareholding\n \n1pm 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.\n \nAccordingly, the following Directors have agreed to subscribe for Placing Shares, in the following amounts, at the Issue Price of 45 pence per Ordinary Share:\n \n\n\n\n\nDirector\n\n\nNumber of Existing Ordinary Shares held\n\n\nNumber of Placing Shares Subscribed for\n\n\nResultant holding following Admission on 8 June 2016*\n\n\nEstimated resultant percentage holding following Admission on 8 June 2016*\n\n\n\n\nIan Smith\n\n\n41,667\n\n\n55,500 \n\n\n97,167 \n\n\n0.12%\n\n\n\n\nMike Nolan\n\n\n4,150,006\n\n\n55,500 \n\n\n4,205,506 \n\n\n5.02%\n\n\n\n\nJames Roberts\n\n\n0\n\n\n22,000 \n\n\n22,000 \n\n\n0.03%\n\n\n\n\nJohn Newman\n\n\n41,667\n\n\n55,500 \n\n\n97,167 \n\n\n0.12%\n\n\n\n\nJulian Telling\n\n\n41,667\n\n\n55,500 \n\n\n97,167 \n\n\n0.12%\n\n\n\n\n \n*Assuming the Fundraising completes and the Open Offer is fully subscribed.\n \nA further announcement will be made in due course at such time that the above transactions complete.\n \nCapitalised terms used in this announcement have the meanings given to them in the Circular that was posted to Shareholders today.\n \n\n\n\n\n \nFor further information, please contact:\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\n1pm plc\n\n\n \n\n\n\n\nIan Smith, Chief Executive Officer\n\n\n01225 474230\n\n\n\n\nJames Roberts, Chief Financial Officer\n\n\n01225 474230\n\n\n\n\n \n\n\n \n\n\n\n\nCenkos (NOMAD) \n\n\n \n\n\n\n\nMax Hartley (NOMAD), Julian Morse (Sales) \n\n\n0207 397 8900\n\n\n\n\n \n\n\n \n\n\n\n\nWalbrook PR\n\n\n0117 985 8989\n\n\n\n\nPaul Vann\n\n\n07768 807631\n\n\n\n\n \n\n\[email protected] \n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END DSHOKFDKPBKDCPD\n ","length":7046,"tagName":"div"}]