31 October 2022
Time Finance plc
("Time Finance", the "Group" or the "Company")
Result of Annual General Meeting
Time Finance plc, the AIM listed specialist finance provider, is pleased to confirm that at the Company's Annual General Meeting held at 1pm on 31 October 2022, all of the resolutions were passed on a show of hands. Full details of the proxy votes received from shareholders prior to the Meeting for each resolution are set out below.
The full text of each resolution was included in the Company's Notice of the Annual General Meeting posted to shareholders on 22 September and made available on the Company's website www.timefinance.com.
| | For | Against | Discretion | Abstain |
| Ordinary Resolution 1 | 27,889,585 | 153,584 | 0 | 252,500 |
| Ordinary Resolution 2 | 28,032,629 | 10,540 | 0 | 252,500 |
| Ordinary Resolution 3 | 27,839,053 | 204,116 | 0 | 252,500 |
| Ordinary Resolution 4 | 27,760,948 | 531,547 | 0 | 3,174 |
| Ordinary Resolution 5 | 27,764,547 | 498,622 | 0 | 32,500 |
| Special Resolution 6 | 27,760,090 | 342,545 | 0 | 192,034 |
| Special Resolution 7 | 28,228,463 | 64,706 | 0 | 2,500 |
| 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) | 0207 397 8900 |
| Ben Jeynes / Max Gould (Corporate Finance) Michael Johnson / George Budd (Sales) | |
| | |
| Walbrook PR | 0207 933 8780 |
| Paul Vann / Joe Walker | 07768 807631 |
| | Timefinance@walbrookpr.com |
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.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.
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