Result of General Meeting
Summary by AI BETAClose X
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8 June 2026
TruFin plc
("TruFin" or the "Company")
RESULT OF GENERAL MEETING
Further to its announcement of 21 May 2026 regarding the proposed sale of Playstack Limited, TruFin is pleased to announce that the ordinary resolution proposed at the general meeting of the Company held earlier today to approve the disposal by TruFin's wholly-owned subsidiary, TruFin Holdings Limited, of its 84.5 per cent interest in Playstack Limited to VantageCo Limited (the "Purchaser") was duly passed on a poll (the "Disposal").
The Disposal constitutes a fundamental change of business under AIM Rule 15 and was therefore conditional upon such shareholder approval. As such approval has been obtained, the Disposal is expected to complete on 10 June 2026.
James van den Bergh, CEO of TruFin, commented:
"Following shareholder approval, the sale of Playstack represents an excellent outcome for TruFin shareholders and validates our disciplined approach to capital allocation. Since joining the Group, Playstack has evolved from a small, loss-making business into a globally recognised games publisher, generating significant value for shareholders, employees and players alike. We are incredibly proud of what the Playstack team has achieved and wish them every success in the years ahead."
The Board continues to engage with shareholders regarding the terms and structure of a capital return and a further announcement will be made in due course.
The result of the poll was as follows:
|
Resolution |
For |
Against |
Votes withheld |
Total votes cast |
Percentage of issued share capital voted (%) |
|
1. To authorise the disposal by TruFin Holdings Limited of Playstack Limited |
68,270,955 |
83,813 |
0 |
68,354,768 |
72.56% |
Notes:
(i) Votes 'For' include those votes giving the Chair discretion.
(ii) The number of ordinary shares in issue on 8 June 2026 was 94,200,107.
(iii) A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.
The Resolution was an ordinary resolution, requiring more than 50 per cent. of shareholders' votes to be cast in favour of the resolutions
The full text of the Resolution can be found in the Notice of General Meeting dated 21 May 2026, a copy of which is available on the Company's website at https://www.trufin.com/investors/5/circulars.
|
FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT: |
|
|
Panmure Liberum (Nominated Adviser and Corporate broker) |
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About TruFin plc:
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.
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