TIDMFIN

RNS Number : 6486G

Finablr PLC

18 March 2020

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014.

18 March 2020

Finablr PLC ("Finablr" or the "Company")

Supervision of UAE Exchange LLC by the Central Bank of the UAE

The Company announces that its subsidiary undertaking based in the United Arab Emirates ("UAE"), UAE Exchange Centre LLC, received a notification from the Supervision Department of the Central Bank of the UAE (the "Central Bank"). The notification stated that the management of UAE Exchange Centre LLC's businesses in the UAE will be conducted under the supervision of the Central Bank with immediate effect. The Central Bank has also announced that its inspection team has commenced an examination of UAE Exchange Centre LLC in order to verify its compliance with applicable laws and regulations.

The Company is working constructively with the Central Bank and will provide an update to the market in due course.

END

Enquiries

The Company

Finablr PLC

Robert Moorhouse, Group Company Secretary +44 7825 213767

Ryan Ayache, Head of Investor Relations +971 2 3073 176

For more information, visit the Finablr website: www.finablr.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

STRLVLFFBXLLBBE

(END) Dow Jones Newswires

March 18, 2020 08:29 ET (12:29 GMT)

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