Proposed Acquisition
04 Octobre 2007 - 6:41PM
UK Regulatory
RNS Number:1853F
Datacash Group PLC
04 October 2007
4th October 2007
DataCash Group Plc: DATA / Index: AIM / Sector: Support Services
DataCash Group Plc ('the Company')
DataCash announces today that it is in advanced discussions to acquire for cash,
a small niche payment service provider. These discussions are about to be
extended to a wider audience of the target business's shareholders and
accordingly DataCash is making this announcement.
The Board will provide a further update to shareholders in due course.
- END -
For further information please contact:
DataCash Group PLC
Paul Burton Tel: +44 (0)870 72 74 76 0
Finance Director E-mail: Paul.burton@datacash.com
Andrew Dark Tel: +44 (0)870 72 74 76 0
Chief Operating Officer E-mail: Andrew.dark@datacash.com
Website: www.datacash.com
Investec
Daniel Adams Tel: +44 (0) 20 7597 5970
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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