Director Share Purchases

RNS Number : 9450S

Time Finance PLC

19 July 2022

 

19 July 2022

Time Finance plc

("Time Finance", the "Group" or the "Company")

Director Share Purchases

Time Finance plc, the AIM listed specialist finance provider announces that it has been notified that the following Directors of the Company purchased an aggregate of 74,188 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") on 18 July 2022, in the amounts and at the prices detailed below.

Director	Position	Ordinary Shares Purchased	Price (pence)	Shareholding following purchase	Shareholding as a percentage of issued share capital
Tanya Raynes	Non-Executive Chair	21,156	18.85	21,156	0.02%
Julian Telling	Non-Executive Director	26,000	18.85	248,166	0.27%
James Roberts	Chief Financial Officer	26,962	18.50	475,961	0.51%
The information below is disclosed in accordance with Article 19 of the EU Market Abuse Regulation. 1   Details of the person discharging managerial responsibilities / person closely associated a) Name 1)  Tanya Raynes 2)  Julian Telling 3)  James Roberts 2 Reason for the notification a) Position/status 1)  Non-Executive Chair 2)  Non-Executive Director 3)  Chief Financial Officer b) Initial notification /Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a)   Name Time Finance plc b) LEI 213800VG3QJGBP2MKR86 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument   Identification code Ordinary Shares of 10p each ISIN: GB00BCDBXK43 b) Nature of the transaction On market purchases of ordinary shares c) Price(s) and volume(s) Price(s) Volume(s) 1)  18.85p 2)  18.85p 3)  18.50p 21,156 26,000 26,972 d) Aggregated information - Aggregated volume - Price  n/a single transactions e) Date of the transaction 1)  18 July 2022 2)  18 July 2022 3)  18 July 2022 f) Place of the transaction LONDON STOCK EXCHANGE (AIMX)

For further information, please contact:
Time Finance plc
Ed Rimmer, Chief Executive Officer	01225 474230
James Roberts, Chief Financial Officer	01225 474230
Cenkos Securities plc (NOMAD and Broker)
Ben Jeynes / Max Gould (Corporate Finance) Julian Morse (Sales)	0207 397 8900
Walbrook PR	0207 933 8780
Paul Vann /Joseph Walker	07768 807631
	[e-mail]

About Time Finance:

Time Finance's core strategy is to focus on providing or arranging the finance UK SMEs require to fund their businesses. It offers a multi-product range for SMEs including asset, vehicle, loan and invoice finance. While primarily an 'own-book' lender the Group does 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.timefinance.com .

 

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