Time Finance PLC Director Share Purchase (8405B)

TIDMTIME

RNS Number : 8405B

Time Finance PLC

05 October 2022

5 October 2022

Time Finance plc

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

Director Share Purchase

Time Finance plc, the AIM listed specialist finance provider, announces that it was notified on 4 October 2022 that Ed Rimmer, the Company's Chief Executive Officer, purchased 12,259 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") on that same day at a price of 16.31 pence per Ordinary Share.

As a result of this purchase of Ordinary Shares, Ed Rimmer is now interested in an aggregate of 66,606 Ordinary Shares, representing 0.1% of the Company's issued ordinary share capital.

 
 The information below is disclosed in accordance with Article 
  19 of the EU Market Abuse Regulation. 
 
    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) 
    Michael Johnson / George Budd (Sales)                  0207 397 8900 
 
   Walbrook PR                                             0207 933 8780 
   Paul Vann / Joseph Walker                                07768 807631 
                                              [e-mail] 
 
 
  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 
  . 
 
 
        Details of the person discharging managerial responsibilities 
    1    / person closely associated 
   a)   Name 
                                                Edward Rimmer 
       --------------------------  --------------------------------------- 
        Reason for the notification 
    2 
       ------------------------------------------------------------------- 
   a)   Position/status                        Chief Executive Officer 
       --------------------------  --------------------------------------- 
   b)   Initial notification        Initial notification 
         /Amendment 
       --------------------------  --------------------------------------- 
        Details of the issuer, emission allowance market participant, 
    3    auction platform, auctioneer or auction monitor 
       ------------------------------------------------------------------- 
   a)   Name                        Time Finance plc 
       --------------------------  --------------------------------------- 
   b)   LEI                         213800VG3QJGBP2MKR86 
       --------------------------  --------------------------------------- 
        Details of the transaction(s): section to be repeated for 
    4    (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          Ordinary Shares of 10p each 
         financial instrument, 
         type of instrument          ISIN: GB00BCDBXK43 
         Identification code 
       --------------------------  --------------------------------------- 
   b)   Nature of the transaction   On market purchases of ordinary shares 
       --------------------------  --------------------------------------- 
   c)   Price(s) and volume(s)       Price(s)            Volume(s) 
                                                 16.31p   12,259 
                                                         ---------- 
       --------------------------  --------------------------------------- 
   d)   Aggregated information 
         - Aggregated volume         n/a single transactions 
         - Price 
       --------------------------  --------------------------------------- 
   e)   Date of the transaction                4 October 2022 
       --------------------------  --------------------------------------- 
   f)   Place of the transaction    LONDON STOCK EXCHANGE (AIMX) 
       --------------------------  --------------------------------------- 
 

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October 05, 2022 02:00 ET (06:00 GMT)