Brief: Bentley Park To Buy Time Finance For £55.1 Million
17/08/2026 07:27
BRIEF-Bentley Park To Buy Time Finance For £55.1 Million Aug 17 (Reuters) - Bentley Park (UK);
BENTLEY PARK (UK) LD TIME FINANCE PLC - RECOMMENDED CASH ACQUISITION OF TIME FINANCE PLC
BENTLEY PARK TO BUY TIME FINANCE IN RECOMMENDED CASH OFFER
TIME FINANCE SHAREHOLDERS TO RECEIVE 59.1 PENCE IN CASH PER SHARE
DEAL VALUES TIME FINANCE AT £55.13 MILLION ON FULLY DILUTED BASIS
TIME FINANCE SCHEME EXPECTED TO BECOME EFFECTIVE IN Q4 2026
ALL NON-EXECUTIVE TIME FINANCE DIRECTORS TO STEP DOWN AFTER EFFECTIVE DATE
TO CEASE NEW SOFT ASSET FINANCING PRODUCTS AFTER EFFECTIVE DATE
Source text: ID:nRSQ9202Qa
Further company coverage: TIME.L