19 Jul 2022 07:02
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) |
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For further information, please contact: |
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Time Finance plc |
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Ed Rimmer, Chief Executive Officer | 01225 474230 |
James Roberts, Chief Financial Officer | 01225 474230 |
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Cenkos Securities plc (NOMAD and Broker) |
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Ben Jeynes / Max Gould (Corporate Finance) Julian Morse (Sales) | 0207 397 8900 |
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Walbrook PR | 0207 933 8780 |
Paul Vann /Joseph Walker | 07768 807631 |
| Timefinance@walbrookpr.com |
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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