The Company announces that Satago Financial Solutions Limited ("Satago") has broadened its relationship with Lloyds Bank plc ("Lloyds Bank" or the "Bank") and extended its commercial pilot.
NEW IN-GAME AD MODEL 'INTERACT' ENSURES ADVERTISERS ARE NOW PART OF THE PLAY
Following the recent sale by Arrowgrass Master Fund Limited (“Arrowgrass”) of its entire stake in the Company, TruFin announces that Stephen Greene, Non-Executive Director of the Company and representative of Arrowgrass, will step down from the Board with effect from 31 October 2021.
Today, Arrowgrass Master Fund Limited successfully sold 16,156,358 ordinary shares in the Company at a price of 55 pence per share, representing approximately 19.99% of the Company's issued share capital. The Placing was oversubscribed and received high levels of support from new and existing blue-chip institutional investors.
INTERIM FINANCIAL REPORT FOR THE SIX MONTHS ENDED 30 JUNE 2021 (UNAUDITED)
TruFin is pleased to announce a six-month extension to Satago's commercial pilot with Lloyds Bank to enable pilot testing to be concluded. It is anticipated that the trial will conclude during the six-month extension period and, if successful, will lead to a five-year commercial agreement with Lloyds Bank.
TruFin is pleased to announce that its fourth Annual General Meeting (“AGM”) was held today.
TruFin plc, the AIM listed niche lender and payments provider, is pleased to announce that the Notice of 2021 Annual General Meeting (the "Notice") and 2021 Form of Proxy are now available on its website, here, and have also been posted to registered shareholders. As announced on 19 April 2021, the Company's Annual Report and Accounts for the year ended 31 December 2020 is also available on the we
Full year results demonstrate resilient growth and strong momentum into 2021
Arrowgrass Master Fund Limited (the "Selling Shareholder") has announced that it has successfully sold 43,507,587 ordinary shares in the Company at a price of 45 pence per share, which represents approximately 53.83% of the Company's issued share capital (the "Placing").