Exercise of Options & Director/PDMR Shareholdings

Time Finance

14/11/2025 13:57

RNS Number : 6529H

Time Finance PLC

14 November 2025

 

14 November 2025

                                            

Time Finance plc

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

 

 

Exercise of Share Options and Director/PDMR Shareholdings

 

Time Finance plc, the AIM listed independent specialist finance provider, announces the exercise of share options ("Options") under the Company's 2022 Unapproved Share Option Scheme (the "Scheme").

 

The exercise of 411,667 historically awarded nil cost Options under the Scheme by Ed Rimmer, the Company's Chief Executive Officer, have been satisfied through the allocation of existing ordinary shares held by the Time Finance Employee Benefit Trust ("EBT") and, as such, no new ordinary shares have been issued in connection with the Option exercise. 

 

Mr. Rimmer has retained all of the Options exercised and, as a result, Ed Rimmer is now beneficially interested in an increased 1,331,498 ordinary shares, representing 1.4% of the Company's issued ordinary share capital.

 

The total number of ordinary shares with voting rights in the Company remains at 92,512,704. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Group under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. 

 

The notification below, provided in accordance with the requirements of the UK Market Abuse Regulation, provides further details.

 

Ends

 

 

For further information, please contact:
Time Finance plc
01225 474230
Ed Rimmer (CEO) / James Roberts (CFO)
ir@timefinance.com
Cavendish (NOMAD and Broker)
0207 220 0500
Ben Jeynes / Teddy Whiley (Corporate Finance)
Michael Johnson / Matt Lewis (Sales and ECM)
Walbrook PR
0207 933 8780
Nick Rome / Joe Walker
Timefinance@walbrookpr.com

 

Subscribe to our news alert service: https://investors.timefinance.com/auth/signup

 

About Time Finance:

Time Finance's purpose is to help UK businesses thrive and survive through the provision of flexible funding facilities. It offers a multi-product range for SMEs primarily concentrating on Asset Finance and Invoice Finance. While focussed on being an 'own-book' lender, the Group does retain the ability to broke-on deals where appropriate, enabling it to optimize business levels through market and economic cycles.

 

More information is available on the Company website, www.timefinance.com, and the interactive investor hub, https://investors.timefinance.com.

 

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
1. Ed Rimmer
2
Reason for the notification
a)
Position/status
1. Chief Executive 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
b)
Nature of the transaction
Exercise of nil cost share options under Unapproved Share Option Scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1. Nil
1. 411,667
d)
Aggregated information
- Aggregated volume
- Price
n/a - see table above
e)
Date of the transaction
12 November 2025
f)
Place of the transaction
Outside of a trading venue

 

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