REG - Time Finance PLC - Director Share Purchases

Time FinanceAnnouncement

19/07/2022 07:15

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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  Ordinary Shares of 10p each

        Identification code

                                   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      21,156

                                   2)    18.85p      26,000

                                   3)    18.50p      26,972
 d)    Aggregated information

    -Aggregated volume                                           n/a single transactions

    -Price

 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)

 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)

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)

 

 

 

 

 

 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/) .

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