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TRUFIN PLC

Delisting Announcement Sep 13, 2019

7991_rns_2019-09-13_ff51d337-fb8e-4ecb-8b50-a3e7926cc48a.html

Delisting Announcement

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National Storage Mechanism | Additional information

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RNS Number : 3425M

TruFin PLC

13 September 2019

13 September 2019

TruFin plc

("TruFin" or the "Company")

Statement regarding closure of Arrowgrass Master Fund Limited ("AMFL")

The Board of TruFin notes the recent decision by Arrowgrass Capital Partners LP ("Arrowgrass") that it is closing the Arrowgrass Master Fund Limited ("AMFL"), which will in due course entail the divestment of the investment positions currently held in AMFL.  AMFL is a substantial shareholder in TruFin.  Arrowgrass has confirmed that the divestment process will be orderly and focused on obtaining appropriate value for its investors over time.

The Board remains in regular contact with Arrowgrass and will keep investors updated as appropriate.

For further information, please contact:

TruFin plc

James van den Bergh, Deputy Chief Executive Officer
0203 743 1340
Macquarie Capital (Europe) Limited (NOMAD and joint broker)

Alex Reynolds

Jonny Allison
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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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