1PM PLC Interim Dividend Update (9024H)
27 March 2020 - 11:11PM
UK Regulatory
TIDMOPM
RNS Number : 9024H
1PM PLC
27 March 2020
27 March 2020
1pm plc
Interim Dividend Deferral
1pm plc (AIM: OPM), the AIM listed independent specialist
provider of finance facilities to UK SMEs, provides an update in
respect of the interim dividend of 0.36 pence per share previously
declared for the half year period ended 30 November 2019.
The payment of the interim dividend previously due be paid on 12
May 2020 to shareholders on the register at 17 April 2020 will now
be deferred until the business impacts of the COVID-19 pandemic
have become clearer. As stated in the Group's COVID-19 update
announcement of 26 March 2020, the Board will also defer a decision
on the amount and timing of any final dividend for the current
financial year until the market situation and the effect of
COVID-19 have become clearer.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014.
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 / Ben Jeynes
(Nomad)
Julian Morse (Sales) 0207 397 8900
Walbrook PR 0207 933 8780
Paul Vann 07768 807631
paul.vann@walbrookpr.com
About 1pm:
1pm's strategy is to focus on providing or arranging the finance
UK SMEs require to fund their businesses and arranging vehicle and
property-backed finance for consumers. The multi-product range for
SMEs includes asset, vehicle, loan and invoice finance facilities.
The Group operates a "hybrid" lending and broking model enabling it
to optimize business levels through market and economic cycles.
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. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DIVUBRURRKUOUAR
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