TRUFIN PLC

Remuneration Information • Sep 11, 2019

National Storage Mechanism | Additional information

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RNS Number : 0267M

TruFin PLC

11 September 2019

11 September 2019

TruFin plc

("TruFin" or the "Company")

PDMR Notification

Notification and public disclosure of transactions by persons discharging managerial responsibilities.

Further to the announcement by the Company earlier today (the "First Announcement"), TruFin announces that the ordinary resolution to approve the updated remuneration policy of the Company has now been passed. TruFin will announce the results of the remaining two resolutions when known.

In connection with the changes of roles of Henry Kenner and James van den Bergh and the related restructure of the Company's Management Incenive Plan, as described in the First Announcement, the Company announces that the following transactions have been undertaken by certain Directors of the Company.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James van den Bergh
2	Reason for the notification
a)	Position/status	CEO and Director of TruFin plc
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	TRUFIN PLC
b)	LEI	213800C2QPZFECSRZ964
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares
Identification code	ISIN: JE00BYVWJZ03
b)	Nature of the transaction	Grant of award under the Company's Performance Share Plan 2018
c)	Price(s) and volume(s)
		Price(s) - GBP	Volume(s)
		Exercise price of nil pence per ordinary share	320,000
d)	Aggregated information	N/A
- Aggregated volume
- Price (GBP)
- Total
e)	Date of the transaction	11/09/2019
f)	Place of the transaction	AIM / London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James van den Bergh
2	Reason for the notification
a)	Position/status	CEO and Director of TruFin plc
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	TRUFIN PLC
b)	LEI	213800C2QPZFECSRZ964
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares
Identification code	ISIN: JE00BYVWJZ03
b)	Nature of the transaction	Grant of award under the Company's Performance Share Plan 2018
c)	Price(s) and volume(s)
		Price(s) - GBP	Volume(s)
		Exercise price of £0.803 per ordinary share	3,164,763
d)	Aggregated information	N/A
- Aggregated volume
- Price (GBP)
- Total
e)	Date of the transaction	11/09/2019
f)	Place of the transaction	AIM / London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Henry Kenner
2	Reason for the notification
a)	Position/status	Director of TruFin plc
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	TRUFIN PLC
b)	LEI	213800C2QPZFECSRZ964
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares
Identification code	ISIN: JE00BYVWJZ03
b)	Nature of the transaction	Surrender of awards under the Company's Performance Share Plan 2018
c)	Price(s) and volume(s)
		Price(s) - GBP	Volume(s)
		Nil	2,559,210
d)	Aggregated information	N/A
- Aggregated volume
- Price (GBP)
- Total
e)	Date of the transaction	11/09/2019
f)	Place of the transaction	AIM / London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Henry Kenner
2	Reason for the notification
a)	Position/status	Director of TruFin plc
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	TRUFIN PLC
b)	LEI	213800C2QPZFECSRZ964
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares
Identification code	ISIN: JE00BYVWJZ03
b)	Nature of the transaction	Shares ceasing to be subject to the Company's Joint Share Ownership Plan
c)	Price(s) and volume(s)
		Price(s) - GBP	Volume(s)
		Nil	1,369,244
d)	Aggregated information	N/A
- Aggregated volume
- Price (GBP)
- Total
e)	Date of the transaction	11/09/2019
f)	Place of the transaction	AIM / London Stock Exchange

For further information, please contact:

TruFin plc James van den Bergh, Chief Executive Officer	0203 743 1340
Macquarie Capital (Europe) Limited (NOMAD and joint broker) Alex Reynolds	0203 037 2000
Liberum Capital Limited (Joint broker) Chris Clarke Louis Davies	0203 100 2000

About TruFin plc:

TruFin plc is the holding company for an operating group of companies that are niche lenders and early payment providers. TruFin Group combines the benefits of both the traditional relationship banking model and developments in the fintech sector. The Company was admitted to AIM in February 2018 and trades under the ticker symbol: TRU. More information is available on the Company website www.TruFin.com

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