Monitise PLC Statement re share price movement (1068R)

TIDMMONI

RNS Number : 1068R

Monitise PLC

04 March 2016

4 March 2016

Monitise plc

Statement re share price movement

Monitise plc (LSE: MONI), ("Monitise" or the "Company"), notes the recent movement in the share price.

Further to the Company's interim results announcement on 12 February 2016, stating that the Company would continue to evaluate all assets within the Monitise group to ensure they remain core to its proposition, the Company today announces that it is in very early stage discussions regarding a possible disposal of the Content business (the Markco Media businesses). There is no certainty that a disposal will take place or what the terms of any such disposal may be.

About Monitise

Monitise plc (LSE: MONI) is a leader in enabling accelerated digital innovation within industries where security, compliance and scalability are mandated. Our platforms, toolkits, products and ideas draw upon over a decade of experience of building and operating world class digital banking, and support all stages of a digital solution from strategy to concept design, development and operations. Find out more at www.monitise.com.

Contacts:

 
 Monitise plc                       Tel: +44(0)20 
  Tom Spurgeon, Company Secretary    3657 0900 
 Canaccord Genuity (NOMAD)          Tel: +44(0)20 
  Simon Bridges, Cameron Duncan,     7523 8000 
  Emma Gabriel 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

SPCFZLFBQXFFBBX

(END) Dow Jones Newswires

March 04, 2016 06:20 ET (11:20 GMT)