TIME FINANCE PLC

Director's Dealing • Jul 11, 2023

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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.

1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ron Russell

2

Reason for the notification

a)

Position/status

Non-Executive Director

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 purchase of ordinary shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
26.0p	100,000

d)

Aggregated information

- Aggregated volume

- Price

n/a single transaction

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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