Director dealings: Time Finance director makes share purchase

Time Finance revealed on Thursday that non-executive director Paul Hird had acquired 86,930 ordinary shares in the AIM-listed finance provider.

Hird, who was appointed to the board of Time Finance back in September, purchased the shares on Wednesday at an average price of 28.28p each, for a total value of £24,583.80.

Back in March, Time Finance reported impressive growth in profits and revenues for the first nine months of its financial year. It said own-book lending origination rose by 34% to £52.9m in the third quarter ended 28 February, up from £39.5m a year earlier. Revenue increased 28% to £20.0m, while profit before tax surged 172% to £3.0m.

As of 1640 BST, Time Finance shares were up 3.30% at 29.44p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Time Finance (TIME)
Director name: Hird ,Paul
Amount purchased: 86,930 @ 28.28p
Value: �24,583.80

Spirent Communications (SPT)
Director name: Bullard,Gary
Amount purchased: 25,000 @ 92.07p
Value: �23,016.35

Itaconix (ITX)
Director name: Denner,Laura
Amount purchased: 1,276 @ $1.85
Value: $1,946.57

Johnson Matthey (JMAT)
Director name: Oxley,Stephen
Amount purchased: 27 @ 1,516.47p
Value: �409.45

Johnson Matthey (JMAT)
Director name: Condon,Liam
Amount purchased: 27 @ 1,516.47p
Value: �409.45

Pz Cussons (PZC)
Director name: Pollard,Sarah
Amount purchased: 108 @ 138.60p
Value: �149.69

Pz Cussons (PZC)
Director name: Myers,Jonathan
Amount purchased: 108 @ 138.60p
Value: �149.69

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