REG - Time Finance PLC - Director Share Purchase

Time FinanceAnnouncement

18/07/2022 07:00

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RNS Number : 7755S  Time Finance PLC  18 July 2022

18 July 2022

Time Finance plc

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

PDMR/Director Trading

 

 

Time Finance plc, the AIM listed independent specialist finance provider,
announces that it received notification that Ed Rimmer, CEO, purchased 54,347
ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price
of 18.4 pence per share on 14 July 2022.  As a result, Mr Rimmer now holds a
total of 54,347 Ordinary Shares, representing 0.06% of the Company's issued
ordinary share capital.

 

The information in the below notification 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                                                         Ed Rimmer

 2     Reason for the notification
 a)    Position/status                                              CEO
 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  Ordinary Shares of 10p each

        Identification code
 b)    Nature of the transaction                                    On market purchase
 c)    Price(s) and volume(s)

Price(s)  Volume(s)
                                                                    18.4p     54,347

 d)    Aggregated information

       - Aggregated volume                                           n/a

       - Price
 e)    Date of the transaction                                      14 July 2022
 f)    Place of the transaction                                     AIM

d)

Aggregated information

- Aggregated volume

- Price

 

 n/a

e)

Date of the transaction

14 July 2022

f)

Place of the transaction

AIM

 

 

 

 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)  0207 397 8900

 Julian Morse (Sales)

 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
(http://www.timefinance.com/) .

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 as amended by regulation 11 of the Market Abuse (Amendment)
(EU Exit) Regulations 2019/310. Upon the publication of this announcement
via Regulatory Information Service, this inside information is now considered
to be in the public domain.

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