RNS Number : 6533Q
Time Finance PLC
19 October 2023
 

19 October 2023

Logo Description automatically generated

 

Time Finance plc

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

 

 

Director/PDMR Shareholdings

 

Time Finance plc, the AIM listed independent specialist finance provider, announces that on 18 October 2023 Paul Hird, Non-Executive Director of the Company, purchased 86,930 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") at a price of 28.28 pence per share.

 

Following this transaction, Paul Hird has a total beneficial interest in 86,930 Ordinary Shares, representing 0.10% 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 -

 

 

 

For further information, please contact:

 

Time Finance plc

Ed Rimmer, Chief Executive Officer                                                                                          01225 474230

James Roberts, Chief Financial Officer                                                                                     01225 474230

 

Cavendish Securities plc (NOMAD and Broker)

Ben Jeynes / Dan Hodkinson (Corporate Finance)                                                                   0207 220 0500

Michael Johnson / George Budd / Charlie Combe (Sales and ECM)

 

Walbrook PR                                                                                                                               0207 933 8780

Paul Vann / Joe Walker                                                                                                                 07768 807631

timefinance@walbrookpr.com

 

 

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.

 

1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Paul Hird

2

Reason for the notification

a)

Position/status

Non-Executive Director

 

 

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)

28.28p

86,930

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

e)

Date of the transaction

18 October 2023

 

 

f)

Place of the transaction

LONDON STOCK EXCHANGE (AIMX)

 

 

 

 

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