Q2 Funds Under Direction Statement

LEI Number: 213800CYIZKXK9PQYE87

IntegraFin Holdings plc

Q2 Funds Under Direction update

Funds Under Direction ("FUD") Update

20 April 2021

IntegraFin Holdings plc today announces the quarterly Funds Under Direction update for Transact - the award-winning platform providing services to UK clients and their financial advisers.

On 31 March 2021 FUD totalled £46,929 million, representing an increase of 4.7% over the quarter. Over the same period the FTSE All Share Index rose by 4.3% and the MSCI World Index (Large & Mid Cap) rose by 3.6%.

Notes:

(1)                   Includes fees, taxes and investment income.

Alex Scott, IHP CEO, said:

"I am pleased to report that in our second quarter we achieved our highest ever quarterly inflows, both gross and net. Compared with our second quarter last year, our previous highest, gross inflows increased 27%. Outflows increased broadly as expected in line with FUD and net inflows consequently were 33% higher.

The strength of inflows reflects not only a strong tax year end performance, but also advisers' positive reaction to price reductions announced in December and our continuing delivery of quality service."

The Company expects to announce half year results on 20 May 2021, which will include costs associated with the Nucleus process and the acquisition of Time for Advice, including on-going investment in that business to achieve profitability.

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IntegraFin Holdings plc

Q2 Funds Under Direction update

Historical Flow and FUD data by quarter

Notes:

(1)                   Includes fees, taxes and investment income.