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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cambria Africa Plc | LSE:CMB | London | Ordinary Share | IM00B28CVH58 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.225 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Svcs Allied W/exchanges, Nec | 920k | -178k | -0.0003 | -7.33 | 1.2M |
From Apr 2019 to Apr 2024
TIDMCMB
RNS Number : 9742B
Cambria Africa PLC
12 June 2019
Cambria Africa Plc
("Cambria" or "the Company")
Paynet update - suspension of services to banks
The Company notes media speculation in Zimbabwe and confirms it has taken the decision to temporarily suspend its Paynet services to its banking clients in Zimbabwe.
It has taken this decision as it seeks to protect its contractual position with those clients to receive its payments for its Paynet software platform in US dollars as it is concerned as a result of the devaluation of the local Zimbabwean dollar it will renege on the contractual position.
The banks have deferred to its banking body, the Interbank Operations Committee ('IOC'). As the IOC has to date not provided sufficient confirmations to the satisfaction of the Company, the Company has taken this action.
The Company will provide a further update in due course.
For further information, please contact:
Cambria Africa Plc: www.cambriaafrica.com Samir Shasha +44 (0) 207 669 0115 WH Ireland Limited: www.wh-ireland.co.uk James Joyce / Matthew Chan +44 (0) 207 220 1666
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
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(END) Dow Jones Newswires
June 12, 2019 05:53 ET (09:53 GMT)
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