REG - TruFin PLC TruFin PLC - Vesting of JSOP Founder Awards

TrufinAnnouncement

22/02/2022 14:15

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RNS Number : 4585C  TruFin PLC  22 February 2022

22 February 2022

 

TruFin plc
("TruFin" or the "Company")

Vesting of JSOP Founder Awards

 

In accordance with the terms of the TruFin Joint Share Ownership Plan 2018
(the "JSOP"), the details of which are set out in the Company's Admission
Document, TruFin announces that following the fourth anniversary of the
Company's admission date of 21 February 2018, 25% of the JSOP Founder Awards
(as defined in the Admisssion Document) have vested in favour of the Trufin
plc Employee Benefit Trust.

Based on the closing share price of the Company on 21 February 2022, all
395,558 ordinary shares subject to the 25% of the JSOP Founder Award held
by James van den Bergh have ceased to be subject to the JSOP and are held by
the trustee of the TruFin plc Employee Benefit Trust.

The issued share capital of the Company remains unchanged.

The following disclosure is made in accordance with Article 19 of the UK
version of the EU Market Abuse Regulation 596/2014 which has effect in English
law by virtue of the European Union (Withdrawal) Act 2018:

 

 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                                    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                  395,558

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price (GBP)

      - Total

 e)   Date of the transaction                                      22/02/2022

 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
 Kam Bansil, Investor Relations

                                                                     07779 229508

 Liberum Capital Limited (Nominated Adviser and Corporate broker)    0203 100 2000

Chris Clarke

 Edward Thomas

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 (http://www.trufin.com/)

 

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