REG - Tintra PLC - Placement Facility Update

TintraAnnouncement

10/08/2023 07:00

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RNS Number : 8667I  Tintra PLC  10 August 2023

 THIS ANNOUNCEMENT CONTAINS INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED
AS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE
REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE
EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR")

 

10 August 2023

 

Tintra plc

("Tintra", the "Group" or the "Company")

 

Update in relation to full repayment and termination of the Placement Facility

 

 

The board of directors (the "Board") of Tintra, the rapidly innovating Deep
Tech & Banking business, provides the following update on the agreement
for full and final settlement (the "Agreement") with Fintech Leaders Fund, LLC
("FLF") as previously announced on 5 July 2023.

 

The Company has instructed fund transfers to settle the Agreement with FLF. In
this regard, the transfer of funds to the UK to settle is taking longer than
expected. The Company expects the Agreement to complete in due course. A
further update will be given at the earliest opportunity.

 

For further information, contact:

 

 Tintra PLC                                        020 3795 0421

 (Communications Head)

 Hannah Haffield

 h.haffield@tintra.com

 Website www.tintra.com

 Allenby Capital Limited                           020 3328 5656

 (Nomad, Financial Adviser & Broker)

 John Depasquale / Nick Harriss / Vivek Bhardwaj

 

 

 

This announcement is released by Tintra plc and contains information that
qualified or may have qualified as inside information for the purposes of
Article 7 of UK MAR, encompassing information relating to the placement
mentioned above. For the purposes of UK MAR, this announcement is made by
Hannah Hatfield, Communications Head of Tintra plc.

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