Time Finance PLC Director Share Purchase (7755S)
July 18 2022 - 2:00AM
UK Regulatory
TIDMTIME
RNS Number : 7755S
Time Finance PLC
18 July 2022
18 July 2022
Time Finance plc
("Time Finance", the "Group" or the "Company")
PDMR/Director Trading
Time Finance plc, the AIM listed independent specialist finance
provider, announces that it received notification that Ed Rimmer,
CEO, purchased 54,347 ordinary shares of 10 pence each in the
Company ("Ordinary Shares") at a price of 18.4 pence per share on
14 July 2022. As a result, Mr Rimmer now holds a total of 54,347
Ordinary Shares, representing 0.06% of the Company's issued
ordinary share capital.
The information in the below notification is disclosed in
accordance with Article 19 of the EU Market Abuse Regulation.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Ed Rimmer
------------------------------ --------------------------------
Reason for the notification
2
----------------------------------------------------------------
a) Position/status CEO
------------------------------ --------------------------------
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
Identification code
------------------------------ --------------------------------
b) Nature of the transaction On market purchase
------------------------------ --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
18.4p 54,347
----------
------------------------------ --------------------------------
d) Aggregated information
- Aggregated volume n/a
- Price
------------------------------ --------------------------------
e) Date of the transaction 14 July 2022
------------------------------ --------------------------------
f) Place of the transaction AIM
------------------------------ --------------------------------
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 .
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 as amended by
regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations
2019/310. Upon the publication of this announcement via Regulatory
Information Service, this inside information is now considered to
be in the public domain.
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END
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