Statement Regarding Satago

RNS Number : 0690H

TruFin PLC

20 March 2020

 

 

20 March 2020

TruFin plc
("TruFin" or the "Company" or together with its subsidiaries "TruFin Group")

Statement Regarding Satago

TruFin is pleased to announce that Satago, as part of its funding strategy, has signed a £5m revolving credit facility with a specialist niche funder at market terms. This will enable Satago to continue its expansion and service its growing pipeline.

For further information, please contact:

TruFin plc James van den Bergh, Chief Executive Officer	0203 743 1340
Macquarie Capital (Europe) Limited (NOMAD and joint broker) Alex Reynolds Jonny Allison	0203 037 2000
Liberum Capital Limited (Joint broker) Chris Clarke Louis Davies	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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