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: |
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| Time Finance plc |
| Ed Rimmer, Chief Executive Officer | 01225 474230 | James Roberts, Chief Financial Officer | 01225 474230 |
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| Cenkos Securities plc (NOMAD and Broker) |
| Ben Jeynes / Max Gould (Corporate Finance) Michael Johnson / George Budd (Sales) | 0207 397 8900 |
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| Walbrook PR | 0207 933 8780 | Paul Vann / Joseph Walker | 07768 807631 |
| [email protected] |
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. 1 | Details of the person discharging managerial responsibilities / person closely associated | a) | Name | Edward Rimmer | 2 | Reason for the notification | a) | Position/status | 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 Identification code | Ordinary Shares of 10p each ISIN: GB00BCDBXK43 | 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 - Price | n/a single transactions | e) | Date of the transaction | 4 October 2022 | f) | Place of the transaction | LONDON STOCK EXCHANGE (AIMX) |
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