Value And Indexed Proper... Share Discussion Threads

[jpuff] 22/3/2018 12:19

"Vipera shareholders who are not members of Vipera's management team will not be offered the opportunity to exchange all or part of their Vipera Shares for shares in SOFP. This might not be well received by these holders!" - Quote from Investors Champion. I Agree only a 20% premium at such an exciting time for the company and existing shareholders is not good I feel.

[18bt] 22/3/2018 12:04

It could suit the Board to publicise this to see whether any counter-bid comes out of the woodwork, but the price reaction doesn't suggest so

[johnma] 22/3/2018 10:31

It's only agreed when they acquire 30%

[fillipe] 22/3/2018 09:40

Unlikely for an agreed offer, I feel.

f

[johnma] 22/3/2018 07:28

I'm hoping we get a counter offer :))

[18bt] 22/3/2018 07:20

Am hoping if this happens it completes post 10 June so that I can keep EIS relief. Then 7.5p would be a decent result.

[johnma] 22/3/2018 07:19

VIPERA PLC Statement regarding a Possible Offer The Boards of Directors of Vipera plc ("Vipera") and Sella Open Fintech Platform S.p.A. ("SOFP") announce that following recent discussions, SOFP is contemplating making an offer for the entire issued and to be issued ordinary share capital of Vipera (the "Possible Offer"). The Boards of Directors of Vipera and SOFP would like to emphasise that at this stage there can be no assurances that such an offer will be made. Vipera shareholders are strongly advised to take no action at this moment.As a consequence of this announcement, an 'offer period' has commenced in respect of Vipera in accordance with the Code.SOFP has been formed by Banca Sella Holding S.p.A. to act as the holding company of its new innovative fintech business, of which Vipera is intended to form an important part. In addition to the proposed acquisitions of Vipera and a private Italian financial software company, which has developed supply chain finance software and systems, certain businesses and assets are being transferred to SOFP by other Gruppo Sella companies.SOFP's objective is to become a leading provider for fintechs. It intends to integrate parts of the operations of the businesses it is acquiring to create an open platform and provide services to be used by banks and financial service companies outside Gruppo Sella, as well as its own clients.Gruppo Sella is a family owned banking and financial services group with a deep-rooted history of welcoming innovation and embracing technological change.The new platform requires the aggregation of a range of skills to provide 'Banking as a Platform' and 'Platform as a Service' linking businesses and banks to deliver a range of fintech services including e-payment solutions, merchant services and supply chain finance. This open banking solution helps banks to satisfy their Payment Services Directive 2 compliance obligations. Vipera's management and knowhow, which includes expertise in mobile payments, card control, coupon and loyalty programmes, digital wallets and fraud detection, are expected to make an important contribution to SOFP's ongoing business.Banca Sella Holding S.p.A., which has been working together with Vipera on the development of new fintech services for several months, holds 40 million Vipera ordinary shares representing approximately 12.5 per cent. of its issued ordinary share capital. It is anticipated that the Possible Offer, if made, would be for cash consideration at a price of 7.5p per Vipera ordinary share ("Vipera Share"). This values the whole of the issued ordinary share capital of Vipera at £24.03 million and represents a premium of 20 per cent. to the mid-market price of a Vipera Share at close of business on 21 March 2018 (6.25p).It is proposed that subject to certain approvals, certain members of Vipera's management team would exchange all or part of their holdings of Vipera Shares for shares in SOFP (the "Management Share Exchange"). Vipera shareholders who are not members of Vipera's management team will not be offered the opportunity to exchange all or part of their Vipera Shares for shares in SOFP.The expected participants in the Management Share Exchange hold approximately 146 million Vipera Shares representing about 45.5% of Vipera's issued ordinary share capital. Under the proposed terms of the Management Share Exchange, the participants are expected receive 0.01676 new SOFP shares for every Vipera Share held in respect of approximately 75 per cent. of their holdings of Vipera Shares and SOFP expects them to accept the Possible Offer in respect of the remainder. The participants in the Management Share Exchange and other subscribers for new SOFP shares are expected to sign a SOFP shareholders agreement subject to (and upon) the Possible Offer becoming unconditional. It is anticipated that the SOFP shareholders agreement, which is being drafted and has not yet been agreed, will contain minority shareholder protections and non-competition restrictions and will provide that the new SOFP shares held by directors/employees will be acquired for reduced consideration if the holder is dismissed from employment with SOFP for 'just cause' (such as competing with SOFP Group). The SOFP shareholders' agreement is also expected to provide for a lock-in period during which sales of SOFP shares are restricted and to provide for the parties to co-operate following its expiry to procure a realisation opportunity such as a public flotation or the sale of SOFP shares (to Banca Sella Holding S.p.A. or a third party) at fair value.If the Possible Offer was to be made at a price of 7.5p per Vipera Share and the Management Share Exchange was proposed on the terms shown above, the independent directors of Vipera, as so advised by London Bridge Capital Partners LLP, expect to recommend Vipera shareholders to accept the Proposed Offer and vote in favour of the Management Share Exchange. In giving advice to the independent directors of Vipera, London Bridge Capital Partners LLP has had regard to their commercial assessments.If an offer is made, Vipera Shares will be acquired by SOFP fully paid, or credited as fully paid, and free from all liens, equities, charges, equitable interests, encumbrances, rights of pre-emptions and other third party rights and/or interests of any nature whatsoever and together with all rights attaching to them, now and in the future, including voting rights and the right to receive and retain all dividends, interests and other distributions (if any) declared made or paid after the date of this announcement. SOFP retains the right to reduce the offer consideration by the amount of any dividend (or other distribution) which is paid or becomes payable by Vipera to its shareholders, unless, and to the extent that, Vipera Shareholders are entitled to receive and retain all or part of a specified dividend (or other distribution) in addition to the offer consideration; and if SOFP exercises the right to reduce the offer consideration by all or part of the amount of a dividend (or other distribution) that has not been paid, Vipera Shareholders will be entitled to receive and retain that dividend (or other distribution). As Vipera has a deficit of distributable reserves, no dividends are anticipated for the foreseeable future.In accordance with Rule 2.6(a) of the Code, SOFP must, by not later than 5.00 p.m. on 19 April 2018, either announce a firm intention to make an offer for Vipera in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Panel on Takeovers and Mergers (the "Takeover Panel") in accordance with Rule 2.6(c) of the Code.The relevant deadline will cease to apply to SOFP if another offeror announces, prior to the relevant deadline, a firm intention to make an offer for Vipera. In such circumstances, SOFP will be required to clarify its intentions in accordance with Rule 2.6(d) of the Code.The attention of shareholders is drawn to the disclosure requirements of Rule 8 of the Code, which are summarised below.A further announcement will be made as and when appropriate.Rule 2.9 of the CodeIn accordance with Rule 2.9 of the Code, Vipera confirms that, as of the date of the announcement, it has in issue 320,429,725 ordinary shares of 1 pence each. The International Securities Identification Number of the ordinary shares is GB00B5M62J37. In addition, Vipera has 13,310,735 deferred shares of 24p each ("Deferred Shares") also still in issue which are non-voting and are of negligible value. If is not expected that an offer will be made by SOFP to the holders of Deferred Shares. For further in

[johnma] 07/3/2018 14:54

Good volume today

[fillipe] 06/3/2018 08:45

Looks to be a very good development.

f

[johnma] 06/3/2018 08:15

VIPERA PLC("Vipera" or the "Company") Vipera Launches SME Pay in Collaboration with Mastercard Vipera plc (AIM: VIP), the specialist provider of mobile financial services, is pleased to announce that Vipera and Mastercard have collaborated to launch SME Pay, a mobile payment solution that helps small business owners to view, control and manage their income and expenditure, wherever they, or their sta?, are.The SME Pay mobile app comes with a dedicated mPos (mobile point of sale) device, which allows small businesses to accept payments from clients, directly onto their Mastercard Business Card.The SME Pay solution also allows small business owners to control spending by setting multiple conditions on the use of their sta?s' Mastercard Business Cards. The app allows the owner to decide whether sta? can make payments in-store, buy online or withdraw cash from ATMs, setting transaction limits, authorised transaction times and provides alerts when one of the business cards is used. All controls are real-time and can be individually amended on the owner's mobile app, or on their online dashboard.User pro?les can also be created for teams, giving their cards di?erent functionality depending on need: for example, ?eld sta? may only use their cards in-store, o?ce sta? only online. Additionally, to facilitate expense management users can attach photos of receipts to each transaction and export all transactions to excel or as a pdf.Vipera and Mastercard will be demonstrating the solution today at Finovate Europe, being held at ExCeL London. Vipera CEO Marco Casartelli commented: "We are delighted to be launching SME Pay in collaboration with Mastercard. SME Pay will help small business owners manage their business spending and improve their cash flow. It is a safe and simple solution that will mean staff no longer have to handle cash and spending can be controlled."We look forward to rolling out this new and innovative solution."

[johnma] 02/3/2018 12:54

From Vipera Twitter page Pleased to announce that we will be presenting at #Finovate Europe 2018 on Tuesday 6th March, where we'll unveil a new SME-focused product in collaboration with @Mastercard.

[davidosh] 01/2/2018 18:42

Just to mention that Vipera will have a stand and be presenting at our huge Mello2018 event in Derby on 26/27th April and all shareholders and potential investors are welcome to attend

Vipera attended and presented at our Mello2014 and Mello2015 events and the management are always happy to engage with individual investors.

Do come and join us at this quality two day event.

[fillipe] 28/12/2017 15:47

A decent rise over the past 30days and looking good for more.

f

[johnma] 02/12/2017 04:41

Vipera (LON:VIP)'s stock had its "corporate" rating reissued by FinnCap in a research report issued on Thursday. They presently have a GBX 7 ($0.09) target price on the stock. FinnCap's target price suggests a potential upside of 55.56% from the company's previous close.

[johnma] 30/11/2017 07:40

Nice contract win

[johnma] 30/11/2017 07:21

Vipera PLC Expanded contract with GSB of ThailandSource: UK Regulatory (RNS & others)TIDMVIPRNS Number : 9046XVipera PLC30 November 201730 November 2017VIPERA PLC("Vipera" or the "Company")Expanded contract with Government Savings Bank of ThailandVipera plc (AIM: VIP), the specialist provider of mobile financial services is pleased to announce that is has increased the scope of its contract with the Government Savings Bank of Thailand ("GSB") through its partner TNFIS, part of the T.N. Information Systems group, utilising Vipera's digital financial services platform MOTIF, under license.GSB initially purchased a license in September 2014 for 100,000 users and a further licence in August 2015 for an additional one million users. They have now exceeded one million users and are purchasing a further licence to cover another one million users.GSB is using Vipera's technology in its mobile banking service, "MyMo by GSB" providing powerful personal banking and financial management tools in the hands of GSB's customers via their smartphones.The application provides a range of value add self service capabilities to GSB's customers including the ability to check account balances and statements for all deposit and loan accounts, money transfer to accounts in GSB and other banks as well as to other MyMo users. In addition, users can pay loans, scan and pay bills, top up mobile phones, check GSB special prize draw results and customise their landing page. Users also receive notifications about balance changes across all accounts. The application is available for both iOS and Android devices.Vipera CEO Marco Casartelli commented: "We are delighted that GSB have now exceeded one million users and are looking to further exploit the benefits of Vipera's MOTIF platform technology, ensuring that GSBs banking customers have access to the best available mobile banking experience."As well as being an important sale for the Company we will benefit from increased annual support and maintenance revenue."For more information, please contact: Vipera PLC Marco Casartelli (CEO) Tel: [phone] Martin Perrin (CFO) 2037 Simon Pearce (CMO) Tel: +44 (0) 20 7193 0833 Tel: +44 (0) 207 097 8632 finnCap Ltd (Nomad and Broker) Tel: +44 (0) 20 Adrian Hargrave / Anthony Adams 7220 0500 (Corporate Finance) Camille Gochez (Corporate Broking) IFC Advisory Ltd (Financial Tel: +44 (0) 203 PR and IR) 053 8671 Tim Metcalfe Graham Herring Heather Armstrong About ViperaVipera Plc (AIM:VIP) a cutting edge Mobile Financial Services and Digital Customer Engagement Solutions provider, serves financial institutions worldwide with differentiated mobile banking, card management and customer engagement capabilities based around its proprietary bank grade multi-purpose platform, Motif. Additionally, it provides consultancy and other services to banks and financial institutions. For further information, please visit www.vipera.com.About TNFISTNFIS Limited Company was established in 2010, with the objective to offer professional services to banks and is a division of T.N. Information Systems Limited Company " the leader in Total Consulting and IT Services" company. The company has over 25 years of expertise and experience in banking systems services, from consultation to system design, set-up of systems to implementation and extending to Operational Services. Now TNFIS's services to banks cover Core Banking System, Loan Origination System, Collateral Management System, Internet Banking System, Mobile Banking System, Legal Systems, Sales Management System and more. The company has won many awards including Asian Banker's Best Core Banking Implementation.About The Government Savings Bank of ThailandThe Government Savings Bank of Thailand (GSB) is a state enterprise which operates as a financial institute guaranteed by the government of Thailand under the supervision of the Ministry of Finance. It was founded over 100 years ago.About MYMOMyMo is a mobile banking application for the Government Saving Bank (GSB) of Thailand. The application is designed with a philosophy of putting the branch into the pocket of GSB customers. By seamlessly integrating Vipera's cutting edge MOTIF platform with TNFIS' expertise in Core Banking System, MyMo is aiming to set a new standard for mobile banking innovation in Thailand, which gives MyMo users unprecedented access to a vast variety of personal banking services. At launch, the application features- True 24/7 services over 3G/4G and WiFi- Check account balances and statement for all deposit and loan accounts- Notify users of all balance movement in every accounts- Transfer money to accounts in GSB and other banks- Transfer money to other MyMo users via mobile number- Pay back loan, bills and top up- Check GSB prize draw results- Customize your landing page- Create and manage contactsThis information is provided by RNSThe company news service from the London Stock ExchangeENDMSCPGGGPGUPMGMB(END) Dow Jones NewswiresNovember 30, 2017 02:00 ET (07:00 GMT)

[davidosh] 14/10/2017 11:00

Very quiet here. Are none of you interested enough to come along on Monday ?

[davidosh] 09/10/2017 00:00

Just to mention that Vipera will be presenting at the next Mello dinner in Beckenham for any of you interested in attending...

[johnma] 08/10/2017 20:47

Just completed some analysis on Vipera's peers, this stock is way undervalued

[johnma] 21/9/2017 11:49

Buyer in VIP - buys coming in.

[davidosh] 05/9/2017 10:56

Link for IC

Interim results comment and upodated broker forecasts here