TruFin PLC Statement Regarding Closure of Arrowgrass (3425M)
September 13 2019 - 10:55AM
UK Regulatory
TIDMTRU TIDMTRU
RNS Number : 3425M
TruFin PLC
13 September 2019
13 September 2019
TruFin plc
("TruFin" or the "Company")
Statement regarding closure of Arrowgrass Master Fund Limited
("AMFL")
The Board of TruFin notes the recent decision by Arrowgrass
Capital Partners LP ("Arrowgrass") that it is closing the
Arrowgrass Master Fund Limited ("AMFL"), which will in due course
entail the divestment of the investment positions currently held in
AMFL. AMFL is a substantial shareholder in TruFin. Arrowgrass has
confirmed that the divestment process will be orderly and focused
on obtaining appropriate value for its investors over time.
The Board remains in regular contact with Arrowgrass and will
keep investors updated as appropriate.
For further information, please contact:
TruFin plc
James van den Bergh, Deputy Chief Executive Officer 0203 743 1340
Macquarie Capital (Europe) Limited (NOMAD and joint
broker)
Alex Reynolds
Jonny Allison 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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END
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