REG - Time Finance PLC - Director Share Purchases
11/10/2023 07:15
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RNS Number : 7629P Time Finance PLC 11 October 2023
11 October 2023
Time Finance plc
("Time Finance", the "Group" or the "Company")
Director/PDMR Shareholdings
Time Finance plc, the AIM listed independent specialist finance provider,
announces that on 10 October 2023, Michelle Rimmer, spouse of Edward Rimmer,
Chief Executive Officer of the Company, purchased 30,432 ordinary shares of 10
pence each in the capital of the Company ("Ordinary Shares") at a volume
weighted average price of 27.93 pence per share.
In addition, on 10 October 2023, James Roberts, Chief Financial Officer, and
Tanya Raynes, Non-Executive Chair, purchased 21,410 Ordinary Shares at a price
of 27.97 pence per share and 10,671 Ordinary Shares at a price of 28.00 pence
per share respectively.
Following these transactions, Edward Rimmer, has a total beneficial interest
in 96,498 Ordinary Shares, including those held by his spouse, representing
0.10% of the Company's issued share capital. James Roberts holds a total of
556,960 Ordinary Shares, representing 0.60% of the Company's issued share
capital and Tanya Raynes holds a total of 31,827 Ordinary Shares, representing
0.03% of the Company's issued share capital.
The information below, set out in accordance with the requirements of the UK
Market Abuse Regulation, provides further detail.
- Ends -
For further information, please contact:
Time Finance plc
Ed Rimmer, Chief Executive Officer
01225 474230
James Roberts, Chief Financial Officer
01225 474230
Cavendish Securities plc (NOMAD and Broker)
Ben Jeynes / Dan Hodkinson (Corporate Finance)
0207 220500
Michael Johnson / George Budd (Sales)
Walbrook PR
0207 9338780
Paul Vann / Joe
Walker
07768 807631
Timefinance@walbrookpr.com
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 concentrating on asset, loan 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
(http://www.timefinance.com) .
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Michelle Rimmer
2 Reason for the notification
a) Position/status Person closely associated with Edward Rimmer, 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 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)
27.89p 12,550
27.96p 17,882
d) Aggregated information
- Aggregated volume 30,432
- Price
£8,500
e) Date of the transaction 10 October 2023
f) Place of the transaction LONDON STOCK EXCHANGE (AIMX)
d)
Aggregated information
- Aggregated volume
- Price
30,432
£8,500
e)
Date of the transaction
10 October 2023
f)
Place of the transaction
LONDON STOCK EXCHANGE (AIMX)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name James Roberts
2 Reason for the notification
a) Position/status 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)
27.97p 21,410
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 10 October 2023
f) Place of the transaction LONDON STOCK EXCHANGE (AIMX)
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
10 October 2023
f)
Place of the transaction
LONDON STOCK EXCHANGE (AIMX)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Tanya Raynes
2 Reason for the notification
a) Position/status Non-Executive Chairman
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)
28.00p 10,671
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 10 October 2023
f) Place of the transaction LONDON STOCK EXCHANGE (AIMX)
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
10 October 2023
f)
Place of the transaction
LONDON STOCK EXCHANGE (AIMX)
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