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SCH Safecharge International Group Limited

435.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Safecharge International Group Limited LSE:SCH London Ordinary Share GG00BYMK4250 ORD USD0.0001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 435.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

SafeCharge International Group Ltd Result of AGM and Trading Update (6869F)

19/05/2017 12:16pm

UK Regulatory


Safecharge (LSE:SCH)
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TIDMSCH

RNS Number : 6869F

SafeCharge International Group Ltd

19 May 2017

SafeCharge International Group Limited

('SafeCharge,' the 'Company' and together with its subsidiaries, the 'Group')

Result of AGM and Trading Update

SafeCharge (AIM: SCH), the global provider of payments services, technologies and risk management solutions is pleased to announce that all resolutions were duly passed at the Company's Annual General Meeting, which was held earlier today.

The company also provides the following trading update:

The Board reiterates expectations for full year 2017 performance.

Revenue has shown solid growth versus Q1 2016, driven by new customer wins in H2 2016.

The Board is encouraged by the pipeline of high quality business with a number of large new customers due to start processing in the second half of the year.

The growth of SafeCharge Acquiring remains on track.

The Group continues to invest in key new sales and marketing people, who are bringing new customers and a greater awareness of SafeCharge's capabilities outside our traditional markets.

The Board remains confident that the outcome for the year will be in line with market expectations.

Enquiries

 
 SafeCharge International 
  Group Limited 
  Tim Mickley 
  David Avgi 
  c/o Bell Pottinger         +44 (0) 20 3772 2500 
 Shore Capital 
  Dru Danford 
  Mark Percy 
  Toby Gibbs                 +44 (0) 20 7408 4090 
 Bell Pottinger 
  David Rydell 
  Joanna Davidson 
  Edward Brown               +44 (0) 20 3772 2500 
 

About SafeCharge

SafeCharge is a global provider of technology-based multichannel payments services and risk management solutions for demanding businesses. The Group has a diversified, blue chip client base and is a trusted payment partner for customers from several e-commerce verticals. SafeCharge has been Payment Card Industry Data Security Standard ("PCI-DSS") Level 1 certified since 2007 and is listed on the London Stock Exchange AIM market (AIM: SCH). The Company's wholly owned subsidiary, SafeCharge Limited, is an authorised Electronic Money Institution regulated by the Central Bank of Cyprus and a principal member of MasterCard Europe and VISA Europe. The Group has operations in the UK, Guernsey, Cyprus, Bulgaria, Israel, Austria, Singapore and Hong Kong.

http://www.safecharge.com/

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCALMBTMBBBBAR

(END) Dow Jones Newswires

May 19, 2017 07:16 ET (11:16 GMT)

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