Liberum acts as Nominated Adviser and Bookrunner on £7.6 million fundraising for TruFin plc

We are pleased to announce that Liberum acted as Nominated Adviser and Bookrunner on an oversubscribed Placing and Open Offer to raise £7.6 million in aggregate for TruFin plc (“TruFin” or the “Group”). The fundraising received strong support from existing shareholders and other institutional investors.

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TruFin is the holding company of an operating group comprising four growth-focused technology businesses operating in niche markets: early payment provision (Oxygen), invoice finance (Satago), IFA finance (Vertus) and video games publishing (Playstack). The Group's portfolio companies have experienced strong growth in recent years.

The net proceeds of the Placing and Open Offer will be used to invest in Playstack to secure the Mortal Shell video game franchise and provide working capital to the Group.

Liberum Team

Investment Banking – Chris Clarke, Ed Thomas, Cara Murphy

Sales – Oliver Baxendale, Will Game

Legal – Rebecca Gordon

CIR – Connie Owens

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London

Ropemaker Place, Level 12 25 Ropemaker Street London EC2Y 9LY [email protected] +44 (0)20 3100 2000

Leeds

Northspring, 36 Park Row Leeds, LS1 5JL [email protected] +44 (0)113 841 9700

Cambridge

50-60 Station Road Cambridge, CB1 2JH [email protected] +44 (0)113 841 9700
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New York

20th Floor 575 Fifth Avenue New York NY 10017 [email protected] +1 212 596 4800