RNS Number : 6159T

Time Finance PLC

26 March 2021

26 March 2021

Time Finance plc

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

Directorate Change

Time Finance plc, the AIM listed independent specialist finance provider, is pleased to announce the appointment of Tanya Raynes as a non-executive director of the Company with immediate effect.

Tanya brings a wealth of strategic, financial and commercial expertise from a variety of senior executive roles within both blue-chip corporates and SMEs. After qualifying with PricewaterhouseCoopers as a Chartered Accountant, Tanya gained extensive structured financing experience with GE Capital. More recently Tanya held the position of CEO for Centreline, an aviation business, and is currently Non-Executive Chair for that company's parent, Pula Aviation Services, having played a role in the sale of Centreline to Pula Ltd in 2016 .

I n addition to her appointment to the Time Finance Board, Tanya Raynes (formerly Tanya Parker), aged 50, holds or has held the following directorships or partnerships in the past five years.

 Current                          Former 
 Pula Aviation Services Limited   Centreline AV Limited 
 River Bourne Community Farm      Centreline Air Charter Limited 
 Strategic Finance Solutions      Wessex Learning Trust 
                                  Wedmore First School Academy 
                                   And Nursery 

For further information, please contact:

Time Finance plc

Ed Rimmer, Interim Chief Executive Officer 01225 474 230

James Roberts, Chief Financial Officer 01225 474 230

Cenkos (NOMAD)

Max Hartley / Ben Jeynes (NOMAD) 0207 397 8900

Julian Morse (Sales)

Walbrook PR 0207 933 8780

Paul Vann/Nicholas Johnson 07768 807631

About Time Finance:

Time Finance's strategy is to focus on providing or arranging the finance UK SMEs require to fund their businesses and arranging vehicle and property-backed finance for consumers. The multi-product range for SMEs includes asset, vehicle, loan and invoice finance facilities. The Group 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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