Time Finance PLC Director Share Purchase (5510F)
11 Julio 2023 - 1:00AM
UK Regulatory
TIDMTIME
RNS Number : 5510F
Time Finance PLC
11 July 2023
11 July 2023
Time Finance plc
("Time Finance", the "Group" or the "Company")
Director Share Purchase
Time Finance plc, the AIM listed specialist finance provider,
announces that it was notified on 10 July 2023 that Ron Russell, a
Non-Executive Director of the Company, purchased 100,000 ordinary
shares of 10 pence each in the capital of the Company ("Ordinary
Shares") at a price of 26.0 pence per Ordinary Share on that same
day.
As a result of this purchase of Ordinary Shares, Ron Russell is
now interested in an aggregate of 11,422,788 Ordinary Shares,
representing 12.3% of the Company's issued ordinary share
capital.
The information below is disclosed in accordance with Article
19 of the EU Market Abuse Regulation.
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)
Ben Jeynes / Max Gould (Corporate
Finance)
Michael Johnson / George Budd (Sales) 0207 397 8900
Walbrook PR 0207 933 8780
Paul Vann / Joe Walker 0740 702 0470
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
.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name
Ron Russell
-------------------------- --------------------------------------
Reason for the notification
2
------------------------------------------------------------------
a) Position/status Non-Executive Director
-------------------------- --------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- --------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
------------------------------------------------------------------
a) Name Time Finance plc
-------------------------- --------------------------------------
b) LEI 213800VG3QJGBP2MKR86
-------------------------- --------------------------------------
Details of the transaction(s): section to be repeated for
4 (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 Ordinary Shares of 10p each
financial instrument,
type of instrument ISIN: GB00BCDBXK43
Identification code
-------------------------- --------------------------------------
b) Nature of the transaction On market purchase of ordinary shares
-------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
26.0p 100,000
----------
-------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume n/a single transaction
- Price
-------------------------- --------------------------------------
e) Date of the transaction 10 July 2023
-------------------------- --------------------------------------
f) Place of the transaction LONDON STOCK EXCHANGE (AIMX)
-------------------------- --------------------------------------
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END
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July 11, 2023 02:00 ET (06:00 GMT)
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