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IN BRIEF: Arrowgrass Master Fund To Sell Up To 54% Stake In TruFin

5th Feb 2021 15:42

TruFin PLC - fintech and banking businesses - Arrowgrass Master Fund Ltd plans to sell up to 43.5 million shares in Trufin at 45 pence each by way of an accelerated bookbuild, with its remaining stake at the end of the placing to be 20%. Placing shares represent 54% of Trufin's share capital. Liberum Capital is acting for Arrowgrass in connection with the placing.

Current stock price: 46.00 pence

Year-to-date change: down 3.2%

By Ife Taiwo; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


Related Shares:

Trufin Plc
FTSE 100 Latest
Value8,809.74
Change53.53