REG - Time Finance PLC - Director share purchases

Time FinanceAnnouncement

03/10/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241003:nRSC7008Ga&default-theme=true

RNS Number : 7008G  Time Finance PLC  03 October 2024

3 October 2024

 

Time Finance plc

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

 

Director Share Purchases

 

Time Finance plc, the AIM listed independent specialist finance provider,
announces that on 1 October 2024, James Roberts, Chief Financial Officer of
the Company, purchased 16,675 ordinary shares of 10 pence each in the capital
of the Company ("Ordinary Shares") at a volume weighted average price of 59.85
pence per share.

 

In addition, on 2 October 2024 Tanya Raynes, Non-Executive Chair, purchased
4,939 Ordinary Shares at a price of 60.73 pence per share.

 

Following these transactions, James Roberts, has a total beneficial interest
in 654,163 Ordinary Shares representing 0.71% of the Company's issued share
capital. Tanya Raynes holds a total of 36,776 Ordinary Shares, representing
0.04% 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 Capital Markets (NOMAD and Broker)                     0207 220 0500
 Ben Jeynes / Dan Hodkinson (Corporate Finance)

 Michael Johnson / George Budd / Charlie Combe (Sales and ECM)

 Walbrook PR                                                      0207 933 8780
 Nick Rome / Joe Walker                                           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                                                         Tanya Raynes
 2     Reason for the notification
 a)    Position/status                                              Non-Executive Chair
 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)
                                                                    60.72     4,939

 d)    Aggregated information

       - Aggregated volume                                          N/A Single transaction

       - Price
 e)    Date of the transaction                                      2 October 2024

 f)    Place of the transaction                                     LONDON STOCK EXCHANGE (AIMX)

d)

Aggregated information

- Aggregated volume

- Price

 

N/A Single transaction

e)

Date of the transaction

2 October 2024

 

 

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)
                                                                    59.98     4,154

                                                                    59.80     12,521

 d)    Aggregated information

       - Aggregated volume                                          -16,675

       - Price                                                      - 59.85
 e)    Date of the transaction                                      1 October 2024

 f)    Place of the transaction                                     LONDON STOCK EXCHANGE (AIMX)

d)

Aggregated information

- Aggregated volume

- Price

 

-16,675

- 59.85

e)

Date of the transaction

1 October 2024

 

 

f)

Place of the transaction

LONDON STOCK EXCHANGE (AIMX)

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHMTBJTMTAMBFI