21st Sep 2020 10:31
(Alliance News) - Network International Holdings PLC on Monday said it is "not aware" of the reason behind the movement in the company's stock price.
The Middle East-focussed payment solutions provider added that the trend of improving volumes in directly acquired domestic total processed volumes reported for July has continued in August and early September.
Shares in the FTSE 250-listed company were down 23% at 204.40 pence each in London on Monday morning, valuing the company at GBP1.12 billion.
Since last Tuesday, the company has lost 50% in value and year-to-date the shares are down 69%.
By Tapan Panchal; [email protected]
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