Time Finance plc (GB:TIME) has released an update.
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Time Finance plc, an AIM-listed specialist finance provider, has announced the vesting of 611,666 share options under its 2022 Unapproved Share Option Scheme after meeting profit-based performance targets. The options, awarded to top executives including CEO Ed Rimmer, can be exercised at no cost until September 2028, with a further 611,667 options potentially vesting in October 2025 based on future performance. The company emphasizes its commitment to UK businesses with a focus on Asset, Loan, and Invoice Finance.
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