Trufin (TRU): Watrium AS towards control

This situation live

TRU Trufin

£54m · 100.0p · −28% since the first step

5 Aug 2026 · 44.78% (from 25.01%) · −29% since Watrium AS: 44.78% (from 25.01%)

Stake building towards control

Watrium AS towards control

44.78% (from 25.01%)

HolderWatrium AS

Stake25.01% → 44.78%

Crossed29.9%

As of 5 Aug 2026 ↗

Since Oct 2023: 119 situations of this kind – no bid within a year 92%, a bid followed 8%; median share price +3% six months after they opened

Next: a 30% holder must bid (Rule 9)

Every step · 1

5 Aug 2026 44.78% (from 25.01%) – Watrium AS: 44.78% (from 25.01%) ↗

What is happening

Trufin: Watrium AS towards control – 44.78% (from 25.01%). ['44.78% (from 25.01%)']

What comes next

a 30% holder must bid (Rule 9).

Briefing

Trufin in 4 minutes

TruFin is an AIM-listed holding company that spent years building a video-game publisher, a public-sector early-payment business and an invoice-finance software firm. In June 2026 it sold the game publisher,...

Act 1A game hit lifts the whole group
Act 2Lloyds walks away, then the Procurement Act bites
Act 3Buybacks, then the sale of Playstack

Read the briefing →

From the company's own announcements. Not investment advice.

Also at Trufin 4 open

Insider conviction1 director buying – £387k in 4 buys Turnaround plan with targetsSatago turnaround – EBITDA profitable since June 2026 Disposal of a part (break-up)Playstack disposal – Disposal completed 10 June 2026 Stake building towards controlWatrium AS towards control – 25.01% (from 24.03%) Capital returnTender offer and special dividend – paid · closed Trufin – company page →