26.06.20

Results of Annual General Meeting


 

TruFin plc
("TruFin" or the "Company" or together with its subsidiaries "TruFin Group")

26 June 2020


ANNOUNCEMENT OF ANNUAL GENERAL MEETING RESULTS

TruFin is pleased to announce that its third Annual General Meeting (“AGM”) was held today.

Full Results of the AGM can be found here.

In the run up to the AGM a number of questions were raised around the intentions of the Company's largest shareholder, Arrowgrass Master Fund Limited ("AMFL"), which announced in September 2019 that it would be closing and divesting of its positions over time resulting in an "overhang" on the share price. The Board remains in regular dialogue with AMFL and has been seeking ways to resolve this situation including, earlier in the year, exploring a proposal that involved sourcing liquidity to give shareholders the opportunity to sell shares back to the Company. As set out in the Annual Report, we continue to work with AMFL for a solution in the interests of the Company's stakeholders as a whole.

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