1pm (OPM)

Sector:

Financials

Index:

FTSE AIM All-Share

23.75p
   
  • Change Today:
      1.00p
  • 52 Week High: 37.50
  • 52 Week Low: 12.50
  • Currency: UK Pounds
  • Shares Issued: 90.37m
  • Volume: 260,056
  • Market Cap: £21.46m

Deal with Barclays    Trade now with Barclays Stockbrokers

1pm receives CBIL lender accreditation

By Iain Gilbert

Date: Tuesday 05 May 2020

LONDON (ShareCast) - (Sharecast News) - Business finance provider 1pm received accreditation as a lending partner under Downing Street's Coronavirus Business Interruption Loan Scheme on Tuesday.
1pm said becoming an accredited lender would enable the group to expand its lending activities - financing leases and loans to business customers across the UK that had been affected by the Covid-19 outbreak.

The AIM-listed group said the accreditation would also allow it to benefit from a government-backed guarantee for all loan repayments. 1pm expects to begin lending under the scheme before the end of May.

Chief financial officer James Roberts said: "We are delighted to have been approved to become an accredited partner to the UK Government's lending programme helping us to deliver additional funding to UK small businesses when they need it most.

"Small businesses are the lifeblood of the UK economy and 1pm is pleased to be able to assist where we can during this critical time."

In terms of recent trading, 1pm said it had received requests for payment delays and holidays as borrowers attempted to manage substantial drops in revenue.

As of 0950 BST, 1pm shares had shot up 9.46% to 17.24p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

1pm Market Data

Currency UK Pounds
Share Price 23.75p
Change Today 1.00p
% Change 4.40 %
52 Week High 37.50
52 Week Low 12.50
Volume 260,056
Shares Issued 90.37m
Market Cap £21.46m

1pm Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.20% above the market average81.20% above the market average81.20% above the market average81.20% above the market average81.20% above the market average
67.65% above the sector average67.65% above the sector average67.65% above the sector average67.65% above the sector average67.65% above the sector average
Price Trend
56.5% below the market average56.5% below the market average56.5% below the market average56.5% below the market average56.5% below the market average
52.78% below the sector average52.78% below the sector average52.78% below the sector average52.78% below the sector average52.78% below the sector average
Income Not Available
Growth
87.6% below the market average87.6% below the market average87.6% below the market average87.6% below the market average87.6% below the market average
90.16% below the sector average90.16% below the sector average90.16% below the sector average90.16% below the sector average90.16% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

1pm Dividends

  Latest Previous
  Final Interim
Ex-Div 31-Oct-19 04-Apr-19
Paid 12-Dec-19 01-May-19
Amount 0.56p 0.28p

Trades for 25-Nov-2020

Time Volume / Share Price
16:23 10,000 @ 24.40p
16:20 4,442 @ 23.75p
14:56 2,033 @ 24.35p
14:22 6,000 @ 24.08p
14:17 35,000 @ 24.10p

1pm Key Personnel

Chair Ian Smith
CFO James Roberts

Top of Page