7th Dec 2020 14:06
1pm PLC - Bath, England-based finance provider to UK small and medium businesses - To be renamed Time Finance PLC from Tuesday with new exchange ticker TIME. Says rebranding follows the completion of the company's "buy and build" phase, which left it with the brands Onepm Finance, Academy Leasing, Bradgate Business Finance, Intelligent Loans, Positive Cashflow Finance, and Gener8 Finance. Now the company wants to simplify its operating structure into "a single nationally recognised, market-facing product offering". Its Liverpool-based vehicle finance brokerage will continue to trade at Car Finance 2U.
Current stock price: 24.25 pence
Year-to-date change: down 30%
By Tom Waite; [email protected]
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