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.
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.
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