TruFin PLC Vesting of Share Incentive/Options for PDMRs (8881Q)
February 22 2019 - 6:17AM
UK Regulatory
TIDMTRU TIDMTRU
RNS Number : 8881Q
TruFin PLC
22 February 2019
22 February 2019
TruFin plc
("TruFin" or the "Company" or together with its subsidiaries
"TruFin Group")
Vesting of Share Incentive/Options for Directors and Other
Person Discharging Managerial Responsibilities (together
"PDMRs")
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
first anniversary of the Company's admission date of 21 February
2018, 25% of the JSOP Founder Awards (as defined in the Admission
Document) have vested. Based on the closing share price of 198p per
ordinary share on 20 February 2019 (price per share at Admission of
190p), 4.04% of 25% of the ordinary shares have become beneficially
owned by Simon Henry Kenner and James van den Bergh.
The relevant number of shares that have vested under the JSOP
are set out below.
The balance of 817,550 ordinary shares that were also subject to
the 25% JSOP Founder Awards that have vested, 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.
Director No of Ordinary Shares
Vested
Simon Henry Kenner 18,441
----------------------
James van den Bergh 15,982
----------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Simon Henry Kenner
----------------------------------- --------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------
a) Position/status Chairman and CEO
----------------------------------- --------------------------------------------
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 Vesting of shares under the Joint
Share Ownership Plan 2018
----------------------------------- --------------------------------------------
c) Price(s) and volume(s)
------------------------ ---------------
Price(s) - GBP Volume(s)
------------------------ ---------------
0.00 18,441
------------------------ ---------------
d) Aggregated information
- Aggregated volume N/A
- Price (GBP) N/A
- Total N/A
e) Date of the transaction 21 February 2019
----------------------------------- --------------------------------------------
f) Place of the transaction Vesting of the shares occurred outside
a trading venue
----------------------------------- --------------------------------------------
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 Director and Deputy CEO
----------------------------------- --------------------------------------------
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 Vesting of shares under the Joint
Share Ownership Plan 2018
----------------------------------- --------------------------------------------
c) Price(s) and volume(s)
------------------------ ---------------
Price(s) - GBP Volume(s)
------------------------ ---------------
0.00 15,982
------------------------ ---------------
d) Aggregated information
- Aggregated volume N/A
- Price (GBP) N/A
- Total N/A
e) Date of the transaction 21 February 2019
----------------------------------- --------------------------------------------
f) Place of the transaction Vesting of the shares occurred outside
a trading venue
----------------------------------- --------------------------------------------
For further information, please contact:
TruFin plc
Henry Kenner, Chief Executive Officer
James van den Bergh, Deputy Chief Executive Officer 0203 743 1340
Macquarie Capital (Europe) Limited (NOMAD and joint
broker)
Alex Reynolds
Nicholas Harland 0203 037 2000
Liberum Capital Limited (Joint broker)
Chris Clarke
Trystan Cullen
Louis Davies 0203 100 2000
Blue Pool Communications (PR)
Nicholas Lord 07501 271 083
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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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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