TIDMTRU TIDMTRU

RNS Number : 4485P

TruFin PLC

19 October 2021

19 October 2021

TruFin plc

("TruFin" or the "Company")

Resignation of Director

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.

The Board wishes to thank Stephen for his support and valuable contribution since his appointment eighteen months ago.

Steve Baldwin, Non-Executive Chairman of the Company, said:

"We would like to thank Arrowgrass for their vision and stewardship, which was fundamental to the formation and successful development of TruFin. Their support during the two recent placings has enabled TruFin to build a high quality, blue-chip institutional shareholder base that will enable the Company to pursue its growth plans.

Stephen, as Arrowgrass' representative, has been instrumental in helping to achieve this repositioning of TruFin, for which the Board is extremely grateful. We thank him for his diligent work, on behalf of all shareholders."

For further information, please contact:

 
  TruFin plc 
   James van den Bergh, Chief Executive Officer      0203 743 1340 
   Kam Bansil, Investor Relations                     07779 229508 
 
  Liberum Capital Limited (Nominated Adviser and 
  Corporate broker) 
  Chris Clarke 
  Edward Thomas 
  Chris Whittaker                                    0203 100 2000

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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END

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(END) Dow Jones Newswires

October 19, 2021 02:00 ET (06:00 GMT)

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