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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Glantus Holdings Plc | LSE:GLAN | London | Ordinary Share | IE00BNG2V304 | ORD SHS EUR0.001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 33.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMGLAN
RNS Number : 6594S
Glantus Holdings PLC
13 March 2023
Glantus Holdings plc
("Glantus" or the "Company")
Silicon Valley Bank
Glantus (AIM: GLAN), the provider of Accounts Payable ("AP") automation and analytics solutions, confirms that it uses Silicon Valley Bank ("SVB") for its US operations. Glantus is proactively managing the situation and does not currently expect any significant operational difficulties. The Company's maximum exposure is expected to only slightly exceed the $250k amount which is insured by the FDIC. Consequently, the Board is confident that the current situation regarding SVB will not have a material impact on Glantus.
Further updates will be made as appropriate.
Enquiries:
Glantus Holdings Maurice Healy, CEO Diane Gray Smith, Interim CFO ir@glantus.com + 353 86 2677800 Shore Capital Nominated Advisor and Broker Patrick Castle / John More / Tom Knibbs + 44 207 408 4090 Yellow Jersey PR Charles Goodwin Annabelle Wills +44 7747 788 221
About Glantus Holdings plc
Glantus Holdings (AIM: GLAN) Glantus is a global provider of accounts payable automation and analytics solutions. Glantus' mission is to harness technology to drive innovation, unlocking efficiencies in AP to maximise working capital for global enterprise organisations. The award-winning Glantus DataShark Platform connects all AP systems and suppliers on one agile platform, eliminating cost and delivering new revenue streams. We work in tandem with our partners to deliver joint enterprise digital transformation solutions. For more information see glantus.com.
Founded in 2014 and headquartered in Dublin, Glantus has offices in the United States, United Kingdom, Poland and Costa Rica.
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(END) Dow Jones Newswires
March 13, 2023 03:00 ET (07:00 GMT)
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