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Director dealings: Time Finance director makes share purchase
(Sharecast News) - 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
Top Director Sells
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