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Last checked at 
18 Jul 2022 07:00
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.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name
| Ed Rimmer | ||||
2 | Reason for the notification | |||||
a) | Position/status | CEO | ||||
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
| ||||
b) | Nature of the transaction | On market purchase | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume - Price |
n/a | ||||
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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