- Title:
Vesting of JSOP Founder Awards - Time:
14:52:16 - Date:
23 Feb 2021 - Category:
Director/PDMR dealings - ID:
0857Q
23 February 2021
TruFin plc
("TruFin" or the "Company")
Vesting of Share Incentive/Options for Directors and Other Person Discharging Managerial Responsibilities (together "PDMRs")
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 third anniversary of the Company's admission date of 21 February 2021, 25% of the JSOP Founder Awards (as defined in the Admisssion Document) have vested.
Based on the closing share price on 19 February 2021, all 395,560 ordinary shares subject to the 25% JSOP Founder Awards that have vested, 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.
| 1
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Details of the person discharging managerial responsibilities / person closely associated
|
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| a)
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Name
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James van den Bergh
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| 2
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Reason for the notification
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| a)
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Position/status
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CEO and Director of TruFin plc |
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| b)
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Initial notification /Amendment
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Initial notification |
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| 3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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| a)
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Name
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TRUFIN PLC |
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| b)
|
LEI
|
213800C2QPZFECSRZ964 |
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| 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
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| a)
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Description of the financial instrument, type of instrument |
Ordinary Shares |
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| |
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| Identification code |
ISIN: JE00BYVWJZ03 |
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| |
|
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| b)
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Nature of the transaction
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Shares ceasing to be subject to the Company's Joint Share Ownership Plan |
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| c)
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Price(s) and volume(s) |
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| |
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Price(s) - GBP |
Volume(s) |
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| |
|
Nil |
395,560 |
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| |
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| d)
|
Aggregated information |
N/A |
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| |
|
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| - Aggregated volume |
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| |
|
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| - Price (GBP) |
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| |
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| - Total |
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| |
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| e)
|
Date of the transaction
|
21/02/2021 |
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| f)
|
Place of the transaction
|
AIM / London Stock Exchange |
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For further information, please contact:
| TruFin plc |
0203 743 1340 |
|
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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
Vesting of JSOP Founder Awards14:52:1623 Feb 2021Director/PDMR dealings0857Q