Tintra PLC (AIM:TNT) shares jumped 15% higher after the fin-tech group announced the full repayment and termination of a share placement deed with Fintech Leaders Fund (FLF).
FLF provided a prepayment of £2.6 million ($3.3 million) for Tintra shares back in December 2022.
Now, Tintra will fully repay the amount, along with a premium, using its existing cash resources.
The agreement was positively received by the market, with Tintra stock advancing 14.8p to 101.8p.