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Time Finance Announces Vesting of Share Options Under 2022 Scheme

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Time Finance Announces Vesting of Share Options Under 2022 Scheme

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Time Finance plc ( (GB:TIME) ) just unveiled an announcement.

Time Finance plc has announced the vesting of 611,667 share options under its 2022 Unapproved Share Option Scheme, following the achievement of profit-based performance criteria. The vested options, held by key company figures including CEO Ed Rimmer, can be exercised at no cost before the expiry date in 2028, with the company planning to utilize existing shares from its Employee Benefit Trust for this purpose.

The most recent analyst rating on (GB:TIME) stock is a Buy with a £68.00 price target. To see the full list of analyst forecasts on Time Finance plc stock, see the GB:TIME Stock Forecast page.

Spark’s Take on GB:TIME Stock

According to Spark, TipRanks’ AI Analyst, GB:TIME is a Outperform.

Time Finance plc scores well due to strong financial performance and positive technical indicators, supported by strategic corporate events. While cash flow management needs improvement, the overall outlook remains positive.

To see Spark’s full report on GB:TIME stock, click here.

More about Time Finance plc

Time Finance is a specialist finance provider focused on helping UK businesses by offering flexible funding facilities. The company primarily serves SMEs with a range of products, including Asset Finance and Invoice Finance, and operates as an ‘own-book’ lender while also having the capability to broker deals to optimize business levels.

Average Trading Volume: 267,224

Technical Sentiment Signal: Buy

Current Market Cap: £48.57M

See more insights into TIME stock on TipRanks’ Stock Analysis page.

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