TIME FINANCE PLC

Director's Dealing • Jul 19, 2022

National Storage Mechanism | Additional information

RNS Number : 9450S

Time Finance PLC

19 July 2022

19 July 2022

Time Finance plc

("Time Finance", the "Group" or the "Company")

Director Share Purchases

Time Finance plc, the AIM listed specialist finance provider announces that it has been notified that the following Directors of the Company purchased an aggregate of 74,188 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") on 18 July 2022, in the amounts and at the prices detailed below.

Director

Position

Ordinary Shares Purchased

Price (pence)

Shareholding following purchase

Shareholding as a percentage of issued share capital

Tanya Raynes

Non-Executive Chair

21,156

18.85

21,156

0.02%

Julian Telling

Non-Executive Director

26,000

18.85

248,166

0.27%

James Roberts

Chief Financial Officer

26,962

18.50

475,961

0.51%

The information below is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.

1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1)    Tanya Raynes

2)    Julian Telling

3)    James Roberts

2

Reason for the notification

a)

Position/status

1)    Non-Executive Chair

2)    Non-Executive Director

3)    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)

Price(s)	Volume(s)
1)    18.85p 2)    18.85p 3)    18.50p	21,156 26,000 26,972

d)

Aggregated information

- Aggregated volume

- Price

n/a single transactions

e)

Date of the transaction

1)    18 July 2022

2)    18 July 2022

3)    18 July 2022

f)

Place of the transaction

LONDON STOCK EXCHANGE (AIMX)

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) Julian Morse (Sales)	0207 397 8900
Walbrook PR	0207 933 8780
Paul Vann /Joseph Walker	07768 807631
	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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHRLMATMTABMPT