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Statement re Press Comment

Statement re Press Comment.

articleTime Finance PlcMay 15, 20174/company/time-finance-plc/news/statement-re-press-comment-33
Statement re Press Comment

About this update from Time Finance Plc

[{"type":"text","content":"\n \nRNS Number : 1819F 1PM PLC 15 May 2017  \n\n \n \n1pm plc\n(the \"Group\" or the \"Company\")\n \nStatement re. press speculation\n \nThe Company notes the recent press speculation and confirms that it is in the advanced stages of conducting a fundraising in the region of £10 million in order to accelerate organic growth and to fund potential acquisitions in the invoice finance sector. The Directors intend to offer an additional material element of any such fundraising to existing shareholders of the Company, on a pre-emptive basis, through an open offer on the same terms.\n \nA further announcement on the potential fundraising will be made in due course.\n \nThis announcement contains inside information.\n \n15 May 2017\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\nThis information is provided by RNSThe company news service from the London Stock Exchange  END  SPCSFIFLIFWSEII\n ","length":4182,"tagName":"div"}]

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