Time Finance PLC Employee Benefit Trust Share Purchase (0284V)
09 Abril 2021 - 8:58AM
UK Regulatory
TIDMTIME
RNS Number : 0284V
Time Finance PLC
09 April 2021
Time Finance plc
("Time Finance", the "Group" or the "Company")
Employee Benefit Trust Share Purchase
The Company has been notified by the trustee of the Time Finance
PLC Employees' Share Trust (the "EBT") that on 8 April 2021, the
EBT purchased a total of 116,600 Ordinary Shares of 27.25p each.
The shares will be held in the EBT, a discretionary trust, and are
intended to be used to satisfy the exercise of any share options by
employees including the Directors of the Company should the
situation arise. Following these transactions, the Company's EBT
holds a total of 835,677 Ordinary Shares, representing
approximately 0.9% of the Company's issued share capital.
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)
Max Hartley / Ben Jeynes
(Nomad)
Julian Morse (Sales) 0207 397 8900
Walbrook PR 0207 933 8780
Paul Vann 07768 807631
paul.vann@walbrookpr.com
About Time Finance:
Time Finance's strategy is to focus on providing or arranging
the finance UK SMEs require to fund their businesses and arranging
vehicle and property-backed finance for consumers. The
multi-product range for SMEs includes asset, vehicle, loan and
invoice finance facilities. The Group 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
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END
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April 09, 2021 09:58 ET (13:58 GMT)
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