TruFin PLC Vesting of JSOP Founder Awards (4585C)
February 22 2022 - 9:04AM
UK Regulatory
TIDMTRU TIDMTRU
RNS Number : 4585C
TruFin PLC
22 February 2022
22 February 2022
TruFin plc
("TruFin" or the "Company")
Vesting of JSOP Founder Awards
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
fourth 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 in favour of the Trufin plc Employee Benefit
Trust.
Based on the closing share price of the Company on 21 February
2022, all 395,558 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.
The following disclosure is made in accordance with Article 19
of the UK version of the EU Market Abuse Regulation 596/2014 which
has effect in English law by virtue of the European Union
(Withdrawal) Act 2018:
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 395,558
------------------------------------------------------------------ --------------
d) Aggregated information N/A
- Aggregated volume
- Price (GBP)
- Total
e) Date of the transaction 22/02/2022
----------------------------------- --------------------------------------------
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
Kam Bansil, Investor Relations 07779 229508
Liberum Capital Limited (Nominated Adviser and
Corporate broker)
Chris Clarke
Edward Thomas 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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