Employee Benefit Trust Share Purchase

RNS Number : 0284V
Time Finance PLC
09 April 2021
 

Time Finance plc

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

 

Employee Benefit Trust Share Purchase

 

 

The Company has been notified by the trustee of the Time Finance PLC Employees' Share Trust (the "EBT") that on 8 April 2021, the EBT purchased a total of 116,600 Ordinary Shares of 27.25p each. The shares will be held in the EBT, a discretionary trust, and are intended to be used to satisfy the exercise of any share options by employees including the Directors of the Company should the situation arise. Following these transactions, the Company's EBT holds a total of 835,677 Ordinary Shares, representing approximately 0.9% of the Company's issued share capital.

 

 

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)

 

Max Hartley / Ben Jeynes (Nomad)

Julian Morse (Sales)

0207 397 8900

 

 

Walbrook PR

0207 933 8780

Paul Vann

07768 807631

 

paul.vann@walbrookpr.com

 

About Time Finance:

Time Finance'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.timefinance.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSSSIFDUEFSEIL
UK 100

Latest directors dealings