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1PM-Announcement-2017-03-07-Aquisition.pdf
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🔗 Source: timefinance.com
📊 Size: 305 KB
👤 Author: Josh Self
⬇️ Downloads: 111

Summary

1pm plc announces the acquisition of Intelligent Financing Limited for up to £2.0m, establishment of a £7.5m Secured Loan Note Programme with a first issue of £1.1m, and the establishment of a new Loans Division. The acquisition expands the Group's product range into adjacent sectors, and the Loans Division will combine interest revenue from the Group's own-book of loans with commission revenue from Intelligent Financing. The Secured Loan Note Programme will provide flexibility to fund loans and potential acquisitions.

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1pm plc announces the acquisition of Intelligent Financing Limited for up to £2.0m, establishment of a £7.5m Secured Loan Note Programme with a first issue of...

Technical Information

  • File Format: PDF
  • File Size: 305 KB
  • Pages: 3
  • Language: EN
  • Author: Josh Self
  • Total Downloads: 111
  • Last Updated: 1 week ago

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