Time Finance PLC Director Share Purchases (7629P)
11 Octubre 2023 - 1:00AM
UK Regulatory
TIDMTIME
RNS Number : 7629P
Time Finance PLC
11 October 2023
11 October 2023
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 10 October 2023, Michelle Rimmer,
spouse of Edward Rimmer, Chief Executive Officer of the Company,
purchased 30,432 ordinary shares of 10 pence each in the capital of
the Company ("Ordinary Shares") at a volume weighted average price
of 27.93 pence per share.
In addition, on 10 October 2023, James Roberts, Chief Financial
Officer, and Tanya Raynes, Non-Executive Chair, purchased 21,410
Ordinary Shares at a price of 27.97 pence per share and 10,671
Ordinary Shares at a price of 28.00 pence per share
respectively.
Following these transactions, Edward Rimmer, has a total
beneficial interest in 96,498 Ordinary Shares, including those held
by his spouse, representing 0.10% of the Company's issued share
capital. James Roberts holds a total of 556,960 Ordinary Shares,
representing 0.60% of the Company's issued share capital and Tanya
Raynes holds a total of 31,827 Ordinary Shares, representing 0.03%
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 220500
Michael Johnson / George Budd (Sales)
Walbrook PR 0207 9338780
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.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Michelle Rimmer
-------------------------- ---------------------------------------
Reason for the notification
2
-------------------------------------------------------------------
a) Position/status Person closely associated with Edward
Rimmer, Chief Executive Officer
-------------------------- ---------------------------------------
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 purchases of Ordinary Shares
-------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
27.89p 12,550
27.96p 17,882
----------
-------------------------- ---------------------------------------
d) Aggregated information
- Aggregated volume 30,432
- Price
GBP8,500
-------------------------- ---------------------------------------
e) Date of the transaction 10 October 2023
-------------------------- ---------------------------------------
f) Place of the transaction LONDON STOCK EXCHANGE (AIMX)
-------------------------- ---------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name James Roberts
-------------------------- ---------------------------------------
Reason for the notification
2
-------------------------------------------------------------------
a) Position/status Chief Financial Officer
-------------------------- ---------------------------------------
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 purchases of ordinary shares
-------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
27.97p 21,410
----------
-------------------------- ---------------------------------------
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
-------------------------- ---------------------------------------
e) Date of the transaction 10 October 2023
-------------------------- ---------------------------------------
f) Place of the transaction LONDON STOCK EXCHANGE (AIMX)
-------------------------- ---------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Tanya Raynes
-------------------------- ---------------------------------------
Reason for the notification
2
-------------------------------------------------------------------
a) Position/status Non-Executive Chairman
-------------------------- ---------------------------------------
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 purchases of ordinary shares
-------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
28.00p 10,671
----------
-------------------------- ---------------------------------------
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
-------------------------- ---------------------------------------
e) Date of the transaction 10 October 2023
-------------------------- ---------------------------------------
f) Place of the transaction LONDON STOCK EXCHANGE (AIMX)
-------------------------- ---------------------------------------
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END
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October 11, 2023 02:00 ET (06:00 GMT)
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