TruFin is pleased to announce that at its fifth Annual General Meeting held today, all resolutions put to shareholders were duly passed.
TruFin is pleased to announce that its subsidiary, Playstack Limited (“Playstack”), a leading games technology business headquartered in London, has acquired Magic Fuel Games Inc. (“Magic Fuel”), a remote games development studio based in San Francisco, USA. Magic Fuel was founded in 2015 and has since built a portfolio of compelling IP that leverages the teams’
TruFin is pleased to announce that the Notice of 2022 Annual General Meeting and 2022 Form of Proxy are now available on its website, and have been posted to registered shareholders. As announced on 29 April 2022, the Company's Annual Report and Accounts for the year ended 31 December 2021 is also available on the website and has also been posted to registered shareholders
Full year results highlight the transition to recurring revenue sources
TruFin plc completes £10m fundraising
TruFin is pleased to announce that, following the announcement made yesterday, it has received strong demand from institutional investors, resulting in an oversubscribed book of demand, and it has successfully placed 10,666,666 new ordinary shares (the “Placing Shares”) at a price of 75 pence per share, raising gross proceeds of £8.0 million under the Placing.
The Company today announces it is proposing to raise up to approximately £10 million, before expenses, by way of a Placing to raise £8.0 million (the “Placing”) and an Open Offer to raise up to approximately £2.0 million (the “Open Offer”, together with the Placing, the "Share Issue") at a price of 75 pence per share (the “Issue Price”).
Satago Financial Solutions Limited ("Satago") announces that its platform has been selected by Lloyds Bank plc ("Lloyds Bank" or the "Bank") as the platform of choice to support the provision of invoice factoring solutions to Lloyds Bank customers. In addition, Lloyds Banking Group (“LBG”) will make a strategic investment of £5m in Satago.
The Company is pleased to announce the appointment of Mr Anders Wilhelmsen as a Non-Executive Director with immediate effect. Mr Wilhelmsen is appointed as a representative of Watrium AS (“Watrium”), pursuant to a Relationship Agreement which has been entered into between the Company and Watrium.
The Company announces that Satago Financial Solutions Limited ("Satago") has broadened its relationship with Lloyds Bank plc ("Lloyds Bank" or the "Bank") and extended its commercial pilot.