22nd Dec 2022 10:24
TruFin PLC - London-based financial technology holding company for niche lenders and early payment providers - Says it received and rejected a takeover approach for Oxygen Finance Ltd. The non-binding, indicative offer valued Oxygen at GBP26 million, which TruFin says undervalues its business and prospects. Oxygen provides early payment systems to clients in the public and private sector.
Current stock price: 67.00 pence, up 6.4% in London on Thursday
12-month change: down 12%
By Tom Waite, Alliance News editor
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