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    TRU   JE00BYVWJZ03

TRUFIN PLC

(TRU)
  Report
Delayed London Stock Exchange  -  11:35 2022-08-12 am EDT
67.50 GBX    0.00%
07/29Trufin Unit Satago Secures Five-year Software Licensing Deal With Lloyds
MT
06/09TruFin Shares Soar 11% As Satago Unit Signs Letter Of Intent For New Venture With Sage, Lloyds Bank
MT
06/09TruFin Shares Rise as Satago Partners With Sage, Lloyds Bank to Offer Finance Solutions
DJ
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TruFin Shares Rise as Satago Partners With Sage, Lloyds Bank to Offer Finance Solutions

06/09/2022 | 01:23am EDT

By Jaime Llinares Taboada


Shares in TruFin PLC rose Thursday after it said that its finance software subsidiary Satago has signed a letter of intent to enter into a partnership with software company Sage Group PLC and lender Lloyds Banking Group PLC.

The London-listed technology group said they aim to embed a Satago-powered finance solution within Sage's software for small and medium-sized businesses so that they are able to access instant financing from Lloyds.

Sage and Satago plan to roll out the solution in the U.K. initially and then globally working with local banks.

TruFin shares at 0704 GMT were up 11% at 86.0 pence.


Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT


(END) Dow Jones Newswires

06-09-22 0323ET

Stocks mentioned in the article
ChangeLast1st jan.
LLOYDS BANKING GROUP PLC 0.11% 45.655 Delayed Quote.-4.49%
SAGE GROUP PLC -0.81% 736.6 Delayed Quote.-13.61%
TRUFIN PLC 0.00% 67.5 Delayed Quote.-16.15%
All news about TRUFIN PLC
07/29Trufin Unit Satago Secures Five-year Software Licensing Deal With Lloyds
MT
06/09TruFin Shares Soar 11% As Satago Unit Signs Letter Of Intent For New Venture With Sage,..
MT
06/09TruFin Shares Rise as Satago Partners With Sage, Lloyds Bank to Offer Finance Solutions
DJ
06/06TruFin Unit Buys US-based Games Developer Magic Fuel Games
MT
04/29Earnings Flash (TRU.L) TRUFIN Reports FY21 Revenue GBP6.9M
MT
04/29TruFin plc Reports Earnings Results for the Full Year Ended December 31, 2021
CI
03/23TruFin Raises Nearly $11 Million in Oversubscribed Placing
MT
03/09TruFin plc Appoints Ben Stephenson to the Board
CI
02/16TruFin plc Appoints Anders Wilhelmsen as Non-Executive Director
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2021TruFin plc Announces Resignation of Stephen Greene as Director
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More news
Financials
Sales 2022 20,0 M 24,3 M 24,3 M
Net income 2022 - - -
Net Debt 2022 7,53 M 9,13 M 9,13 M
P/E ratio 2022 -
Yield 2022 -
Capitalization 63,6 M 77,1 M 77,1 M
EV / Sales 2022 3,55x
EV / Sales 2023 2,40x
Nbr of Employees 136
Free-Float 76,6%
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Technical analysis trends TRUFIN PLC
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Mean consensus BUY
Number of Analysts 1
Last Close Price 67,50 GBX
Average target price 123,00 GBX
Spread / Average Target 82,2%
Managers and Directors
James Andrew Gerald van Den Bergh Chief Executive Officer & Executive Director
James Hussey Chief Financial Officer
Steve Baldwin Non-Executive Chairman
Annie Styler Compliance Officer
Penelope Ruth Judd Senior Independent Non-Executive Director
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