(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

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Time Finance (TIME)

Director name: Hird ,Paul

Amount purchased: 86,930 @ 28.28p

Value: �24,583.80

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Value: $1,946.57

Johnson Matthey (JMAT)

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Value: �409.45

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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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