Share Name Share Symbol Market Type Share ISIN Share Description
Trufin Plc LSE:TRU London Ordinary Share JE00BYVWJZ03 ORD 91P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 46.90 43.80 50.00 46.90 46.90 46.90 0.00 07:38:53
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 9.5 -15.5 -15.8 - 46

TruFin PLC Statement Regarding Closure of Arrowgrass

13/09/2019 3:55pm

UK Regulatory (RNS & others)


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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 rns@lseg.com or visit www.rns.com.

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September 13, 2019 10:55 ET (14:55 GMT)

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