- 1pm [LON:OPM], the AIM listed specialist independent provider of lease asset finance to the SME sector, announces the resignation of Michael Johnson, Non-Executive Chairman with effect from today.

Ronald Russell FCCA, currently a Non-Executive Director will become Interim Chairman until a suitable replacement is appointed.

Maria Hampton, CEO of 1pm, commented: "Mr Johnson has decided that after nearly seven years with the Company and to coincide with his approaching 70th birthday he is to retire. The Board wishes to thank Mr Johnson for his contribution and wise counsel and wish him a happy retirement."

At 2:40pm: [LON:OPM] share price was -1p at 41.5p

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