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Market Cap: £42.63m
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Director/PDMR Shareholding

3 Mar 2025 07:00

RNS Number : 9399Y
Time Finance PLC
03 March 2025
 

03 March 2025

Time Finance plc

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

 

Director/PDMR Shareholdings

Time Finance plc, the AIM listed independent specialist finance provider, announces that on 28 February 2025, Paul Hird, a Non-Executive Director of the Company, and Tanya Raynes, Non-Executive Chair of the Company, purchased 10,000 and 1,898 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") at a price of 55.00 pence and 52.675 pence per share respectively.

 

As a result, Paul Hird and Tanya Raynes are now interested in 96,930 Ordinary Shares and 38,674 Ordinary Shares, representing 0.10% and 0.04% of the Company's issued share capital respectively.

 

The information below, set out in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

 

- Ends -

 

 

For further information, please contact:

 

Time Finance plc

Ed Rimmer, Chief Executive Officer

01225 474230

James Roberts, Chief Financial Officer

Cavendish Capital Markets (NOMAD and Broker)

0207 220 0500

Ben Jeynes / Dan Hodkinson (Corporate Finance)

Michael Johnson / George Budd / Charlie Combe (Sales and ECM)

Walbrook PR

0207 933 8780

Nick Rome / Joe Walker

Timefinance@walbrookpr.com

 

About Time Finance:

 

Time Finance's purpose is to help UK businesses thrive and survive through the provision of flexible funding facilities. It offers a multi-product range for SMEs concentrating on Asset, Loan and Invoice Finance. While focussed on being an 'own-book' lender, the Group does retain the ability to broke-on deals where appropriate, enabling it to optimize business levels through market and economic cycles.

 

More information is available on the Company website www.timefinance.com.

 

 

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Paul Hird

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 purchases of Ordinary Shares

 

 

c)

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

55.00 pence

10,000

 

d)

Aggregated information

- Aggregated volume

- Price

 

N/A - Single transaction

e)

Date of the transaction

28 February 2025

 

 

f)

Place of the transaction

LONDON STOCK EXCHANGE (AIMX)

 

 

 

 

 

1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Tanya Raynes

2

Reason for the notification

a)

Position/status

Non-Executive Chair

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)

52.675 pence

1,898

 

d)

Aggregated information

- Aggregated volume

- Price

 

N/A Single Transaction

e)

Date of the transaction

28 February 2025

 

 

f)

Place of the transaction

LONDON STOCK EXCHANGE (AIMX)

 

 

 

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