AGM Statement
27 Juin 2007 - 4:27PM
UK Regulatory
RNS Number:1402Z
Datacash Group PLC
27 June 2007
27 June 2007
DATACASH GROUP PLC ('DataCash' or 'the Company')
AGM STATEMENT
Ashley Head, Chairman of DataCash Group plc, the AIM-listed payment service
provider, made the following statement at the AGM held at noon today, 27th June
2007 at which all the resolutions were carried:
"The Group has seen good growth in both revenue and transaction volumes so far
this year. Revenues lost from the fallout in the US are continuing to be
replaced as our customers expand their operations in other countries.
Merchant acquisition in both the Card Holder Present and Card Holder Not Present
markets in the UK has been encouraging, with a strong pipeline in Travel ,
Leisure and Retail, and we continue to build on our dominant market position and
reputation in gaming, both at home and abroad. Our cash position continues to
strengthen, and, overall, we are pleased with Group performance to date.
We are actively exploring opportunities to further extend our international
coverage.
We will report our interim results in September."
- END -
For further information please contact:
DataCash Group PLC
Ashley Head Tel: +44 (0)870 727 4760
Chairman E-mail: Ashley.head@datacash.com
David Bailey Tel: +44 (0)870 727 4760
Deputy Non-Executive Chairman E-mail: David.bailey@datacash.com
Website: www.datacash.com
About DataCash
DataCash Group PLC (AIM: DATA), a market leading provider of payment processing
solutions, provides merchants with a single interface that allows them to
process secure payments, both on and offline, anywhere in the world.
DataCash also provides a range of value added services with its fraud and Risk
Management solutions supporting AVS/CV2, 3-D Secure (Verified by Visa and
MasterCard Secure Code) together with traditional rules-based screening.
DataCash provides first-class service reliability at a fraction of the price of
an in-house solution, servicing clients within the retail, travel,
telecommunications and gaming sectors.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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