Payzone Share Discussion Threads

[oilandgas2] 19/11/2009 08:36

new contract/partner

[oilandgas2] 19/11/2009 08:31

PAYZONE SIGNS MAJOR AGREEMENT WITH UKASH TO ROLL OUT MASTERCARD® REPOWER™
Latest News

Payzone and Ukash are leading the way in the UK prepaid market having agreed a major new deal which will enable the provision of prepaid card reloading services for MasterCard rePower at over 18,000 Payzone outlets across the UK, bringing a boost to the prepaid card segment and extending convenience to cardholders in the UK.

Due to go live in early 2010, the Payzone and Ukash partnership will enable consumers to load their eligible MasterCard or Maestro prepaid cards with cash at any of the 18,000 Payzone outlets located across the UK. The value of the load transaction will then immediately be available for customers to spend.

According to PSE Research data (August 2008), it is estimated that by the year 2015, there will be more than 20m network-branded prepaid cards issued within the UK & Ireland. The partnership between Payzone and Ukash acknowledges this opportunity and opens up cash loading opportunities for new and existing prepaid card issuers.

Offering the most convenient way to top up prepaid products with cash, Payzone already provides top-up services for a number of popular prepaid cards, and through its alliance with Ukash can now bring added value, offering its merchants access to the large number of consumers who have prepaid cards connected to the rePower™ network.

Bill Thomson, Managing Director at Payzone says: "We're delighted that we will be offering this service - providing customers with an easy and convenient place to load funds onto their prepaid cards. Payzone prides itself on being the payment network of choice and we believe that MasterCard rePower represents an exciting area of growth. The new service will further add to our extensive range, including mobile top-ups, bill payments, calling cards, ticketing and money transfer."

Mark Chirnside, CEO of Ukash said: "The MasterCard® rePower™ service is a real addition to the prepaid card market in the UK and we are proud that our partnership with Payzone will make the service available to more users across the UK. The prepaid market is very significant and has proved a key growth area and will continue to be an important revenue stream for Ukash as we diversify our range of products."

[oilandgas2] 19/11/2009 08:28

qp recent disposal and contracts wins very cheap imho

[qipincha] 19/11/2009 08:23

did I miss anything here? no RNS???

[qipincha] 19/11/2009 08:22

what happened?

[oilandgas2] 19/11/2009 08:15

IM IN 417K

[lbo] 18/11/2009 22:34

Is it dead yet!

[qipincha] 27/10/2009 10:38

I remember that to get rid of german business is the condition to renew their bank loan.

[maraposa] 23/10/2009 09:00

Seems a positive step in the right direction. Perhaps when the news does break it may reverse the current downward trend?

[qipincha] 22/10/2009 22:06

PAYZONE SIGNS MAJOR AGREEMENT WITH UKASH TO ROLL OUT MASTERCARD® REPOWER™



strange, this news is not on RNS

[qipincha] 29/9/2009 07:44

Disposal of mobile top-up businesses
RNS Number : 8096Z
Payzone plc
29 September 2009

29 September 2009





Payzone plc ("Payzone" or the "Company")

Disposal of mobile top-up businesses in Germany, Poland and the Netherlands



The Board of Payzone is pleased to announce that the Company has reached an agreement to sell its mobile top-up businesses in Germany, Poland and The Netherlands. The businesses have been sold to Quam Equity International GmbH, the owner of ICP Group, a provider of electronic payment systems, payment terminals and terminal services across Germany, Austria, Switzerland and The Netherlands.



Payzone's existing terminal maintenance business in The Netherlands and its German ATM operations are not part of this transaction. Following this transaction, the Company will no longer have a presence in Poland.



The cash consideration receivable by Payzone for the three mobile top-up businesses being sold is €2.2m. In addition, the transaction will result in the release of deposits and financial guarantees totalling €8.9m provided as security to suppliers of the businesses. The businesses will be sold with cash balances estimated to be €4.4m on completion. As part of the transaction, Payzone will retain certain parent company guarantees relating to the businesses for a transitionary period.



Completion is expected to take place later today. Payzone will use the proceeds raised by the disposals to reduce debt.



The total net assets of the Payzone German, Polish and Dutch mobile top-up businesses were valued at €4.01m as at 31 March 2009 and these businesses contributed €4.71m profit (before exceptional items) to Payzone's pre-tax profits for the full year to 30 September 2008.



Mike Maloney, Chief Executive, said:



"This is a very pleasing result for Payzone as it provides an exit from non-core businesses and also reduces the Company's debt. By completing their disposal, management can concentrate resources on Payzone's key business. Following the disposal of the Italian, Spanish and French operations in 2008, these disposals continue our strategy of exiting non-core markets and concentrating on those that offer significant scale and growth for our services."



Dr. Winfried Jerono, Managing Director of Quam Equity International and CEO of ICP Group, said:



"This transaction is a milestone in the development of ICP Group to being a full service provider in the field of electronic payment. In combining Payzone's mobile top-up businesses in Germany, Poland and The Netherlands and ICP Group, ICP Group is able to offer its clients a complete product range comprising hardware, software, electronic cash processing, customer and gift cards as well as cellular pre-paid solutions. The transaction significantly increases the market share of ICP Group. Furthermore, the acquisition of the Payzone business in Poland enables ICP Group to widen its geographic reach into the Eastern European market for electronic payment solutions which is expected to significantly grow over the coming years. I am convinced that we have a found transaction structure that is to the benefit of all stakeholders of Payzone and ICP Group."







Enquiries

Payzone Tel: [phone]

Mike Maloney / Nigel Bell



Rothschild Tel: [phone]

Financial Adviser to Payzone

Ed Welsh / Dev Tanna



Panmure Gordon Tel: [phone]

Nominated Adviser and Broker to Payzone

Hugh Morgan / Stuart Gledhill



Powerscourt Tel: [phone]

Payzone Media Enquiries

Paul Durman / Rory Godson



ICP Group Tel: [phone]

Dr. Winfried Jerono / Hans Weller



Commerzbank Corporates & Markets Tel: [phone]

Financial Adviser to ICP

Jens Bender / Jörg Leussink







Note



1. The sources of financial data are the Company's annual and interim accounts for the Polish and German mobile top-up businesses and management accounts for the Dutch mobile top-up business, due to this business not operating as a standalone entity during the relevant period.



Responsibility



The Directors of Payzone accept responsibility for the information contained in this announcement. To the best knowledge and belief of the directors of Payzone (who have taken all reasonable care to ensure that such is the case), the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.



Rothschild and Panmure Gordon, each of which is authorised and regulated by the Financial Services Authority, are each acting exclusively for Payzone and no-one else and will not be responsible to anyone other than Payzone for providing the protections afforded to their respective clients, or for giving advice in relation to any matter referred to in this press announcement.




This information is provided by RNS
The company news service from the London Stock Exchange

END


DISFGGZLMRLGLZZ

[qipincha] 09/9/2009 13:26

news!



Azam Marketing Wins 100th Major Partnership for Cashback Client V A C Media

Print article
Refer to a friend



2009-09-08 15:25:50 - Leading global digital marketing agency celebrates as landmark white label cashback contract is signed


Azam Marketing (www.azam.net), one of the world's longest established digital service companies, have announced they have helped cashback specialists V A C Media Limited to win their 100th white label cashback partner, Newsquest.

Azam Marketing has worked with V A C Media since 2006 and has played an integral part in the company's meteoric rise to the very top of the
digital marketing industry, helping them to win an impressive portfolio of high profile clients.

Partners recruited by Azam Marketing include The Daily Mail and General Trust, Admiral Group, the Daily Star, and nine out of ten of the UK's largest prepaid card companies including Payzone, IDT Prime Card and Bread Card.

The milestone 100th contract for Newsquest, who own 217 publications and boast a weekly readership of 13 million, demonstrates V A C Media's increasing dominance within the cashback sector, with other companies having won less than six white label partners in the same period of time.

"Azam Marketing has been pivotal to V A C Media dominating the market for white-label cashback services in the UK," says the CEO of V A C Media, Dr Senthil Kumar. "Azam's Business Development team has shown tremendous ability and drive in being able to recruit dozens and dozens of major partners for us. They have worked assiduously to help us become a market leader."

V A C Media's reputation within the cashback sector was further strengthened in June 2009 with a win in the Commercial Partnership category of the prestigious Association of Online Publishers Awards 2009 for their partnership with the Trinity Mirror on Mirrorcashback.com; another key contract which was attained with the endeavours of Azam Marketing.

Note to Editors:

Established in 1997, Azam Marketing specialises in affiliate, email and search marketing, as well as providing an outsourced business development service for companies. The award-winning agency also has divisions dedicated to public relations, website design and development, as well as a successful consultancy and training arm. Azam Marketing is headquartered in Bloomsbury, central London.

For more information contact: Sarah Lewis, Public Relations Manager, Azam Marketing, London WC1. Email: pr [at] azam.net

- END -

[qipincha] 14/8/2009 13:58

it's not tumble, it has been like that for months...

[lbo] 14/8/2009 08:10

Payzone shares tumble after takeover hopes dismissed

[qipincha] 30/7/2009 14:44

finally, a good news:

RNS Number : 5826W
Payzone plc
30 July 2009



TR-1: notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:


Payzone Plc

2. Reason for the notification (please tick the appropriate box or boxes)



An acquisition or disposal of voting rights


X

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


An event changing the breakdown of voting rights


Other (please specify):


3. Full name of person(s) subject to the notification obligation:


Cycladic Capital LLP

Cycladic Catalyst Master Fund

4. Full name of shareholder(s) (if different from 3.):


Goldman Sachs Securities (Nominees) Limited

The Bank of New York (Nominees) Limited

5. Date of the transaction (and date on which the threshold is crossed or reached if different):


July 23, 2009

6. Date on which issuer notified:


July 30, 2009

7. Threshold(s) that is/are crossed or reached:


CC LLP 4%


8. Notified details:





A: Voting rights attached to shares

Class/type of shares

if possible using the ISIN CODE


Situation previous to the Triggering transaction


Resulting situation after the triggering transaction

Number of Shares


Number of Voting Rights viii


Number of shares


Number of voting rights ix


% of voting rights

Direct


Direct x


Indirect xi


Direct


Indirect

IE00B282W057

ORDINARY SHARES




21,312,567




21,312,567










14,083,554







3.20%



B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financial instrument


Expiration date xiii


Exercise/ Conversion Period/ Date xiv


Number of voting rights that may be acquired if the instrument is exercised/ converted.


% of voting rights

N/A


N/A


N/A


N/A


N/A


Total (A+B)

Number of voting rights


% of voting rights


14,083,554



3.20%





9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv:



Cycladic Capital LLP is the manager of the Cycladic Archipelago Fund (

[qipincha] 22/7/2009 15:46

anyone knows what happen today? a few buying

[48 percent bl00dy beeksy] 21/7/2009 21:01

No idea.

You'll need to apply to the court for the outcome, quoting the case number above.

I'd expect that Cardpoint's barrister would have put the case for revealing the names of the person(s) in question, and the judge will decide whether anything is actionable. I would presume advfn were only there to comply, but there will be a cost involved.

Sometimes the judge will have common sense, as in a bulletin board V Sheffield Wednesday FC (Justice Parkes) last year.

Or you could get a pair of clowns like Hickinbottom or Gray.

I'm no expert, so please dyor.

[littlereec] 21/7/2009 20:05

Do we know what the outcome of the case is?

[qipincha] 21/7/2009 17:24

hihi, any news of this company?

[48 percent bl00dy beeksy] 18/7/2009 08:46

The reason will be that someone complained to advfn about them, and they were offensive enough to be removed.

Judging by the above case at the high court however, I would summise the comments were more serious, therefore cardpoint want the details of the person behind the username (I won't use the phrase avatar as it is incorrect, also it is extremely pompous sounding).

If the user used fake details when registering the advfn account, then the ip address of the user will be given. Cardpoint would then need to apply to the ISP for the user's details.

[qipincha] 18/7/2009 01:04

hihi, what happened to these posts? all lost???? what's reason?

[48 percent bl00dy beeksy] 17/7/2009 23:31

and post 277, 283, 285, 288, 298, 300, 304, 321, etc, etc