Tintra PLC Placement Facility Update (8667I)
August 10 2023 - 2:00AM
UK Regulatory
TIDMTNT
RNS Number : 8667I
Tintra PLC
10 August 2023
THIS ANNOUNCEMENT CONTAINS INFORMATION THAT QUALIFIED OR MAY
HAVE QUALIFIED AS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7
OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK
DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018
("UK MAR")
10 August 2023
Tintra plc
("Tintra", the "Group" or the "Company")
Update in relation to full repayment and termination of the
Placement Facility
The board of directors (the "Board") of Tintra, the rapidly
innovating Deep Tech & Banking business, provides the following
update on the agreement for full and f inal settlement (the
"Agreement") with Fintech Leaders Fund, LLC ("FLF") as previously
announced on 5 July 2023.
The Company has instructed fund transfers to settle the
Agreement with FLF. In this regard, the transfer of funds to the UK
to settle is taking longer than expected. The Company expects the
Agreement to complete in due course. A further update will be given
at the earliest opportunity.
For further information, contact:
Tintra PLC
(Communications Head)
Hannah Haffield
h.haffield@tintra.com
Website www.tintra.com 020 3795 0421
Allenby Capital Limited
(Nomad, Financial Adviser & Broker)
John Depasquale / Nick Harriss / Vivek
Bhardwaj 020 3328 5656
This announcement is released by Tintra plc and contains
information that qualified or may have qualified as inside
information for the purposes of Article 7 of UK MAR, encompassing
information relating to the placement mentioned above. For the
purposes of UK MAR, this announcement is made by Hannah Hatfield,
Communications Head of Tintra plc.
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END
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