TruFin announces that for the 12 months ended 31 December 2023 it expects adjusted loss before tax* excluding the exceptional loss on the sale of Vertus Capital Ltd (“Vertus”) to be in line with expectations, at no more than £(6.3)m (FY22**: £(8.2)m). Adjusted EBITDA loss* is expected to be ahead of expectations at no more than £(3.0)m, representing an improvement of
Oxygen Finance, the fintech company delivering social value, is pleased to announce the appointment to its board of Ninian Wilson as an Independent Non-Executive Director. His appointment takes immediate effect.
TruFin is pleased to announce that its subsidiary Playstack Limited (“Playstack”), the leading UK games publisher, has entered into a Letter of Intent to sell IP and assets (the “Disposal Assets”) of its augmented reality and gamification AdTech platform “Interact” to VCI Global Limited (“VCIG”) (the “Disposal”).
TruFin is pleased to announce that its subsidiary Oxygen Finance (“Oxygen”), the leading early payments programme provider headquartered in Birmingham, has today entered into a binding agreement to acquire bidstats.uk and all associated assets.
Further to the Company's announcement on 21 August 2023, TruFin announces that it has completed the disposal of its 53.8% equity holding in Vertus Capital Ltd ("Vertus"), a specialist lender to independent financial advisers, for cash consideration of £3.2m following the acquisition of Vertus by Enable Partners Holdings Limited ("Enable") (the "Disposal").
TruFin is pleased to announce its unaudited results for the 6 months ended 30 June 2023.
TruFin is pleased to announce that at its sixth Annual General Meeting held today, all resolutions put to shareholders were duly passed.
TruFin is pleased to announce that its subsidiary Playstack Limited ("Playstack"), the leading UK games publisher, has released its latest title, AK-xolotl, developed by Barcelona-based 2Awesome Studio.
TruFin announces that it has received a non-binding, indicative cash offer from a private equity offeror for the shares it holds in Vertus Capital Ltd (“Vertus”), a subsidiary operating company of TruFin in which the Company holds a 53.8 per cent equity holding, (the “Offer”). The consideration payable to shareholders of Vertus would value Vertus at up to £5.9 million