REG - 1PM PLC - Holding(s) in Company
RNS Number : 6399E1PM PLC09 November 20209 November 2020
1pm plc
("1pm", the "Group" or the "Company")
Holding(s) in Company
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:
1PM plc ORD GBP 0.1
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii: The move through the 16% threshold is due to the internal transfer from an XO account holding to GPIM's discretionary clients' pool of stock.
X
3. Details of person subject to the notification obligationiv
Name
GPIM Limited
City and country of registered office (if applicable)
London, England
4. Full name of shareholder(s) (if different from 3.)v
Name
Seguro Nominees Limited
City and country of registered office (if applicable)
London, England
5. Date on which the threshold was crossed or reachedvi:
03/11/20
6. Date on which issuer notified (DD/MM/YYYY):
06/11/20
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A)
% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)Total of both in % (8.A + 8.B)
Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached
16.01%
N/A
16.01%
90,374,204
Position of previous notification (if
applicable)
15.01%
N/A
15.01%
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of
sharesISIN code (if possible)
Number of voting rightsix
% of voting rights
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
1PM plc ORD GBP 0.1 GB00BCDBXK43
14,471,723
16.01%
SUBTOTAL 8. A
14,471,723
16.01%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument
Expiration
datexExercise/
Conversion PeriodxiNumber of voting rights that may be acquired if the instrument is
exercised/converted.
% of voting rights
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument
Expiration
datexExercise/
Conversion Period xiPhysical or cash
settlementxii
Number of voting rights
% of voting rights
SUBTOTAL 8.B.2
9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
X
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)
Namexv
% of voting rights if it equals or is higher than the notifiable threshold
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold
10. In case of proxy voting, please identify:
Name of the proxy holder
N/A
The number and % of voting rights held
N/A
The date until which the voting rights will be held
N/A
11. Additional informationxvi
Place of completion
London
Date of completion
05.11.20
For further information, please contact:
1pm plc
Ian Smith, Chief Executive Officer
07768 394162
James Roberts, Chief Financial Officer
01225 474230
Cenkos Securities plc (NOMAD)
Max Hartley / Ben Jeynes (Nomad)
Julian Morse (Sales)
0207 397 8900
Walbrook PR
0207 933 8780
Paul Vann
07768 807631
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
More information is available on the Company website www.1pm.co.uk
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