TIDMTIME

RNS Number : 3593J

Time Finance PLC

26 April 2022

TR-1: S tandard form for notification of major holdings

 
NOTIFICATION OF MAJOR HOLDINGS 
 
1a. Identity of the issuer or the underlying                    TIME FINANCE PLC 
 issuer of existing shares to which voting                       LEI: 213800VG3QJGBP2MKR86 
 rights are attached (ii) : 
1b. Please indicate if the issuer is a non-UK issuer (please mark with 
 an "X" if appropriate) 
Non-UK issuer 
2. Reason for the notification (please mark the appropriate box or boxes 
 with an "X") 
An acquisition or disposal of voting rights                                                   X 
An acquisition or disposal of financial instruments 
An event changing the breakdown of voting rights 
Other (please specify)(iii) : 
3. Details of person subject to the notification obligation (iv) 
Name                                                            Wellesley Finance Limited 
City and country of registered office (if                       London, England 
 applicable) 
4. Full name of shareholder(s) (if different from 3.) (v) 
Name 
City and country of registered office (if 
 applicable) 
5. Date on which the threshold was crossed                      22/04/2022 
 or reached (vi) : 
6. Date on which issuer notified (DD/MM/YYYY):                  25/04/2022 
7. Total positions of person(s) subject to the notification obligation 
                         % of voting        % of voting rights  Total of both  Total number 
                          rights attached    through financial   in % (8.A +    of voting rights 
                          to shares (total   instruments         8.B)           of issuer (vii) 
                          of 8. A)           (total of 8.B 
                                             1 + 8.B 2) 
Resulting situation 
 on the date 
 on which threshold 
 was crossed 
 or reached              0%                 0                   0%             92,512,704 
Position of 
 previous notification 
 (if 
 applicable)             19.11%             0                   19.11% 
 
 
 
8. Notified details of the resulting situation on the date on which 
 the threshold was crossed or reached (viii) 
A: Voting rights attached to shares 
Class/type of       Number of voting rights                             % of voting rights 
 shares              (ix) 
 ISIN code (if 
 possible) 
                    Direct                  Indirect                    Direct                    Indirect 
                     (Art 9 of Directive     (Art 10 of Directive        (Art 9 of Directive      (Art 10 of Directive 
                     2004/109/EC)            2004/109/EC)                2004/109/EC) (DTR5.1)    2004/109/EC) 
                     (DTR5.1)                (DTR5.2.1)                                           (DTR5.2.1) 
GB00BCDBXK43        0                                                   0% 
 
 
SUBTOTAL 8. A       0                                                   0% 
 
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
 (DTR5.3.1.1 (a)) 
Type of financial   Expiration    Exercise/                      Number of voting                 % of voting 
 instrument          date (x)      Conversion Period              rights that may                  rights 
                                   (xi)                           be acquired if 
                                                                  the instrument 
                                                                  is 
                                                                  exercised/converted. 
 
 
 
                                  SUBTOTAL 8. B 1 
 
B 2: Financial Instruments with similar economic effect according to 
 Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
Type of        Expiration         Exercise/            Physical or           Number of            % of voting 
 financial      date (x)           Conversion           cash                  voting rights        rights 
 instrument                        Period (xi)          settlement 
                                                        (xii) 
 
 
 
                                                       SUBTOTAL 8.B.2 
 
 
 
 
9. Information in relation to the person subject to the notification 
 obligation (please mark the 
 applicable box with an "X") 
Person subject to the notification obligation is not controlled 
 by any natural person or legal entity and does not control any other 
 undertaking(s) holding directly or indirectly an interest in the 
 (underlying) issuer (xiii) 
Full chain of controlled undertakings through which the voting rights 
 and/or the 
 financial instruments are effectively held starting with the ultimate 
 controlling natural person or legal entity (xiv) (please add additional 
 rows as necessary) 
Name (xv)                   % of voting rights    % of voting rights    Total of both if 
                             if it equals          through financial     it equals or is 
                             or is higher          instruments if it     higher than the 
                             than the notifiable   equals or is higher   notifiable threshold 
                             threshold             than the notifiable 
                                                   threshold 
Wellesley Group Investors 
 Limited                    0%                    0                     0% 
 
 
 
 
 
10. In case of proxy voting, please identify: 
Name of the proxy holder 
The number and % of voting rights 
 held 
The date until which the voting rights 
 will be held 
 
11. Additional information (xvi) 
 
 
 
 
Place of completion  London, United Kingdom 
Date of completion   25/04/2022 
 

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