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Monitise Issues Shares To Pay Deferred Consideration (ALLISS)

30th Jun 2015 06:55

LONDON (Alliance News) - Payments services company Monitise PLC on Tuesday said it has issued shares for the payment of deferred consideration on the acquisition of Markco Media, which it bought in June 2014.

Monitise has issued 3.6 million shares under the deferred consideration at 10.5 pence per share, based on the stock's closing price on Monday. The issue is valued at GBP400,000.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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Monitise
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