REG - Time Finance PLC - Exercise of Options & Director/PDMR Shareholdings

Time FinanceAnnouncement

14/11/2025 14:00

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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
(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
(http://www.timefinance.com) , and the interactive investor hub,
https://investors.timefinance.com (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  Ordinary Shares of 10p each

      Identification code

 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                                          n/a - see table above

      - Price
 e)   Date of the transaction                                      12 November 2025

 f)   Place of the transaction                                     Outside of a trading venue

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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