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
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For
further information, please contact:
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Time Finance plc
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Ed Rimmer, Chief Executive
Officer
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01225
474230
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James Roberts, Chief Financial
Officer
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01225
474230
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Cavendish Capital Markets (NOMAD and
Broker)
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0207
220 0500
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Ben Jeynes / Dan Hodkinson (Corporate
Finance)
Michael Johnson / George Budd
/ Charlie Combe (Sales and ECM)
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Walbrook PR
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0207 933
8780
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Nick
Rome / Joe Walker
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Timefinance@walbrookpr.com
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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.
Notification and public disclosure
of transactions by persons discharging managerial responsibilities
and persons closely associated with them.
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1
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Details of the person discharging managerial responsibilities
/ person closely associated
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a)
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Name
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Tanya Raynes
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2
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Reason for the notification
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a)
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Position/status
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Non-Executive Chair
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b)
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Initial notification
/Amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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a)
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Name
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Time Finance plc
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b)
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LEI
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213800VG3QJGBP2MKR86
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4
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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
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a)
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Description of the financial
instrument, type of instrument
Identification code
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Ordinary Shares of 10p
each
ISIN: GB00BCDBXK43
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b)
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Nature of the transaction
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On market purchases of Ordinary
Shares
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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60.72
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4,939
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d)
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Aggregated information
- Aggregated volume
- Price
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N/A Single transaction
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e)
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Date of the transaction
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2 October 2024
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f)
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Place of the transaction
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LONDON STOCK EXCHANGE
(AIMX)
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1
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Details of the person discharging managerial responsibilities
/ person closely associated
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a)
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Name
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James
Roberts
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2
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Reason for the notification
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a)
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Position/status
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Chief
Financial Officer
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b)
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Initial notification
/Amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
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Time Finance plc
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b)
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LEI
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213800VG3QJGBP2MKR86
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4
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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
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Ordinary Shares of 10p
each
ISIN: GB00BCDBXK43
|
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b)
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Nature of the transaction
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On market purchases of Ordinary
Shares
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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59.98
59.80
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4,154
12,521
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d)
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Aggregated information
- Aggregated volume
- Price
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-16,675
- 59.85
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e)
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Date of the transaction
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1 October 2024
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f)
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Place of the transaction
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LONDON STOCK EXCHANGE
(AIMX)
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