Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

1PM plc (OPM)

  Print      Mail a friend       Annual reports

Thursday 19 October, 2006

1PM plc

Trading Update

19 October 2006

                                     1PM PLC
                                 TRADING UPDATE
                            ("1pm" or the "Company")

1pm, the leasing company specialising in small business finance, was admitted to
AIM in August this year following a capital raising of £1.3 million.

The  Company has seen significant growth in the two months following  admission.
New  business  proposals  have  increased by 60%, coming  from  additional  core
brokers  now introducing business to the Company. Business written is  now  also
showing a significant increase. 1pm has always used finance brokers as the  main
and  cost-effective  route to market, and its intention was  to  add  additional
brokers  after admission to promote a steady growth in turnover.  To  date  this
strategy  has  been  very successful, with brokers responding  strongly  to  the
Company's newly quoted status.

In  another positive move, 1pm has successfully negotiated increased  levels  of
borrowing  from its key lease funders. Banks such as Singer and Friedlander  and
Hitachi Capital are doubling their facilities into the Company to aid expansion.

In  line  with  its  development plan the Company is  pleased  to  announce  the
recruitment  of two new business development staff to assist with the  increased
levels of business.

Against the background of an estimated market sector worth over £12 billion this
year,  the  Directors of 1pm are delighted at the opportunity the AIM floatation
has provided to develop their business.

Speaking  today, Tony Williams, Joint Managing Director stated:  "We  knew  that
there  was an appetite for brokers requiring a responsive asset finance company,
but the response we have had since our admission to AIM has been phenomenal. Our
initial  assertion, that traditional finance companies lack  the  motivation  to
provide true, old fashioned, service to clients, has proved accurate and we  are
now  seeing  the result of that. Our key task for the future is to  control  the
growth  of the company so that this level of service can be maintained - a  goal
we are confident we can achieve."


Date: 19 October 2006
For further information contact:

1pm plc                                                08707 397 397
John Stickley                                          [email protected]

SVS Securities plc                                     020 7638 5600
Ian Callaway
Peter Manfield

ARM Corporate Finance Limited                          020 7512 0191
Nick Harriss


About 1pm plc

1pm  provides  asset  finance to the UK's Sub-Prime and SME markets,  which  are
primarily  made up of small owner managed businesses eager to purchase  business
assets but lacking sufficient cash flow to do so independently.  Typically,  the
assets  funded are items essential to the running of these businesses,  such  as
vans, trucks and machinery.

1pm  began  trading in 2001 and was founded by Tony Williams and John  Stickley,
who  between  them have 50 years' experience in asset finance and broking.   The
Company  has  shown  rapid organic growth and by the  year  ended  31  May  2006
delivered a record pre-tax profit of over £240,000.

1pm  is  a unique finance company founded by brokers for brokers. Over the  last
five  years,  the  Company  has built upon its management's  significant  sector
experience  to develop a strong network of broker contacts within  the  UK  from
which to generate business.  This provides a low cost route to market, which  in
addition  to  the  company's low overhead business, has  delivered  high  margin
revenues and consistent year-on-year profit.

The  Company's success is underpinned by its high level of broker loyalty, which
the  Company generates through its flexible approach to funding, along with  its
proactive approach to closing transaction leads.                                                                                                       

a d v e r t i s e m e n t