3 July 2024
Time Finance plc
("Time Finance", the "Group" or the "Company")
Director Share Purchase
Time Finance plc, the AIM listed independent specialist finance provider, announces that it was notified on 2 July 2024 James Roberts, Chief Financial Officer of the Company, purchased 22,482 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") on that same day at a price of 43.3 pence per share.
Following this transaction, James Roberts has a total beneficial interest in 637,488 Ordinary Shares, representing 0.69% of the Company's issued ordinary 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 01225 474230
Ed Rimmer, Chief Executive Officer
James Roberts, Chief Financial Officer
Cavendish Capital Markets (Nominated Adviser and Broker) 0207 220 0500
Ben Jeynes / Dan Hodkinson (Corporate Finance)
Michael Johnson / George Budd / Charlie Combe (Sales and ECM)
Walbrook PR 0207 933 8780
Nick Rome / Joe Walker 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 | James Roberts | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Financial 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)
|
| ||||
| d) | Aggregated information - Aggregated volume - Price |
N/A Single transaction | ||||
| e) | Date of the transaction | 2 July 2024
| ||||
| f) | Place of the transaction | LONDON STOCK EXCHANGE (AIMX)
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