15th May 2017 16:00
1pm plc
(the "Group" or the "Company")
Statement re. press speculation
The 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.
A further announcement on the potential fundraising will be made in due course.
This announcement contains inside information.
15 May 2017
For further information, please contact: | |
1pm plc | |
Ian Smith, Chief Executive Officer | 01225 474230 |
James Roberts, Chief Financial Officer | 01225 474230 |
Cenkos (NOMAD) | |
Max Hartley (NOMAD), Julian Morse (Sales) | 0207 397 8900 |
Walbrook PR | 0117 985 8989 |
Paul Vann | 07768 807631 |
Related Shares:
OPM.L