Become a Member

Track your favourite stocks
Create & monitor portfolios
Daily portfolio value

Company	Chg	Chg %
Quickpicks
£	%
Add shares to your quickpicks to display them here!

Sale of Interact platform

26th Mar 2024 07:01

RNS Number : 2202I

TruFin PLC

26 March 2024

TruFin plc

("TruFin" or the "Company")

Sale of Interact platform

Further to the Company's announcement on 21 November 2023 regarding the possible sale of IP and assets relating to Playstack's augmented reality and gamification AdTech platform "Interact" to VCI Global Ltd ("VCIG") (the "Disposal"), the Company announces that the Disposal has been contracted with completion due to occur on 28 March 2024.

The consideration payable by VCIG in relation to the Disposal is $300,000 in cash and $1,700,000 payable in Nasdaq-listed VCIG shares, which are subject to a lock-up period.

The Disposal assets were held at zero value on the Company's balance sheet.

For further information, please contact:

TruFin plc James van den Bergh, Chief Executive OfficerKam Bansil, Investor Relations

0203 7431340 07779 229508

Liberum Capital Limited (Nominated Adviser and Corporate broker)

Chris Clarke

Edward Thomas

0203 100 2000

TruFin plc is the holding company of an operating group comprising three growth-focused technology businesses operating in niche markets: early payment provision, invoice finance and mobile games publishing. 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCDELFLZXLFBBF

Related Shares:

FTSE 100 Latest

Value8,809.74

Change53.53