Statement re Company Event

RNS Announcement

RNS Number : 7013B

TruFin PLC

12 October 2020

TruFin plc

("TruFin" or the "Company")

Statement regarding closure of Arrowgrass Master Fund Limited

The Company announced on 13 September 2019 that Arrowgrass Capital Partners LP ("Arrowgrass"), as investment manager, would be closing Arrowgrass Master Fund Limited ("AMFL"), a substantial shareholder of TruFin, and that in due course it would divest the investment positions held by AMFL. The Company has been informed by Arrowgrass that its investment management of AMFL will continue to 31 December 2021.

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

The information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No.596/2014. By the publication of this Announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain. The person responsible for arranging for the release of this Announcement on behalf of the Company is Annie Styler.

For further information, please contact:

TruFin plc
James van den Bergh, Chief Executive Officer
Kam Bansil, Investor Relations

0203 743 1340
07779 229508

Liberum Capital Limited (Nominated Adviser and Corporate broker)
Chris Clarke
Edward Thomas
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

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RNS metadata

Title: Statement re Company Event
Time: 07:00:07
Date: 12 Oct 2020
Category: Corporate updates
ID: 7013B