TruFin PLC Vesting of JSOP Founder Awards (6739D)
February 21 2020 - 1:00AM
UK Regulatory
TIDMTRU TIDMTRU
RNS Number : 6739D
TruFin PLC
21 February 2020
21 February 2020
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
second 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.
Based on the closing share price of the Company on 20 February
2020, all 395,560 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.
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 Initial notification
/Amendment
----------------------------------- --------------------------------------------
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 Ordinary Shares
financial instrument,
type of instrument
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 395,560
------------------------------------------------------------------ --------------
d) Aggregated information N/A
- Aggregated volume
- Price (GBP)
- Total
e) Date of the transaction 21/02/2020
----------------------------------- --------------------------------------------
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
Macquarie Capital (Europe) Limited (NOMAD and
joint broker)
Alex Reynolds 0203 037 2000
Liberum Capital Limited (Joint broker)
Chris Clarke
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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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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