22 December 2022
TruFin plc
("TruFin" or the "Company")
Rejected Indicative Offer for Oxygen
TruFin announces that it recently received a non-binding, indicative offer for Oxygen Finance Limited ("Oxygen") which values Oxygen at £26 million (the "Offer"). After considering the terms of the Offer, the Board of TruFin has rejected the Offer on the basis that it undervalues the business and prospects of Oxygen.
The information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No.596/2014 as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019. By the publication of this Announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain. The person responsible for arranging for the release of this Announcement on behalf of the Company is Annie Styler.
For further information, please contact:
| TruFin plc |
|
| Liberum Capital Limited (Nominated Adviser and Corporate broker) | 0203 100 2000 |
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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