TruFin PLC General Meeting Results (8265X)
23 December 2019 - 9:26PM
UK Regulatory
TIDMTRU TIDMTRU
RNS Number : 8265X
TruFin PLC
23 December 2019
23 December 2019
TruFin plc
("TruFin" or the "Company" or together with its subsidiaries
"TruFin Group")
GENERAL MEETING RESULTS
TruFin is pleased to announce that its General Meeting was held
in London today where the shareholder resolution giving the
necessary authorities for the Tender Offer set out in the Company's
circular dated 4 December 2019 (the "Circular") has been passed. As
described in the Circular, the Tender Offer closes at 1:00 p.m.
today and the Company expects the results of the Tender Offer to be
announced at 7:00 a.m. tomorrow, 24 December 2019.
The votes received in respect of the resolution were as
follows:
General Meeting Resolution (with For Against Withheld
defined terms as per the Notice
of Meeting)
Number % Number % Number
----------- ------- ------- ------- ---------
Purchase of Own Shares under
the Tender Offer
1. That the Company be authorised
to purchase, in accordance
with Article 57 of the Companies
Law, Ordinary Shares as per
the terms of the Tender Offer
described in this Circular
provided that:
(a) the maximum number of
Ordinary Shares hereby authorised
to be acquired is 11,111,112;
(b) the price which may be
paid for each Ordinary Share
is 45 pence;
(c) unless previously renewed,
varied or revoked by the Company
in a general meeting, the
authority hereby conferred
shall expire on 31 January
2020 or, if earlier, on the
date of the next annual general
meeting of the Company;
(d) the Company may make a
contract to purchase its Ordinary
Shares under the authority
hereby conferred prior to
the expiry of such authority,
which contract will or may
be executed wholly or partly
after the expiry of such authority,
and may purchase its Ordinary
Shares in pursuance of any
such contract;
(e) the Directors provide
a statement of solvency in
accordance with Articles 55
and 57 of the Companies Law;
and
(f) such shares are acquired
for cancellation or to be
held as treasury shares in
accordance with Article 58A
1. of the Companies Law. 83,732,852 100.00 0 0.00 2,292
------------------------------------- ----------- ------- ------- ------- ---------
The Resolution was passed as a special resolution.
A "vote withheld" is not a vote in law and is not counted in the
calculation of the proportion of the votes against the
resolution.
For further information, please contact:
TruFin plc 0203 743 1340
James van den Bergh, Chief Executive Officer
Macquarie Capital (Europe) Limited (NOMAD and joint broker) 0203
037 2000
Alex Reynolds
Liberum Capital Limited (Joint broker) 0203 100 2000
Chris Clarke
Louis Davies
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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
ROMFEDFSDFUSEEE
(END) Dow Jones Newswires
December 23, 2019 05:26 ET (10:26 GMT)
Trufin (LSE:TRU)
Historical Stock Chart
From Apr 2024 to May 2024
Trufin (LSE:TRU)
Historical Stock Chart
From May 2023 to May 2024
