28th Jun 2007 16:30
NETeller PLC28 June 2007 Press release NETELLER PLC Annual audited accounts Thursday, 28 June 2007 - NETELLER Plc (LSE: NLR), the independent global onlinepayments business, announced on 4 June 2007 that it was continuing to cooperatewith the investigation being conducted by the United States Attorney's Officefor the Southern District of New York ("USAO"), under the advice of its legaladvisers and in accordance with court orders in the Isle of Man, and that it wasin discussions with the USAO for the purpose of resolving the investigation.The Company also commented at that time that it had advised the USAO that itwould use its best efforts to resolve the investigation no later than 13 July2007. The Company today announces that due to the ongoing investigation by the USauthorities, the annual audited accounts for the year ended 31 December 2006will not be finalised in time to send to shareholders by 30 June 2007. TheCompany can confirm that the outcome of the investigation is the sole matterdelaying the finalisation of the accounts. Accordingly, the Company will not be able to comply with Rule 19 of the AIMRules that requires an AIM company to send its accounts to shareholders notlater than six months after the end of the financial year to which they relate.Consistent with its advice to the USAO to use its best efforts to resolve theinvestigation by no later than 13 July 2007, the Company is doing its utmost tofinalise and post its audited accounts and to announce its full year results forthe period ended 31 December 2006 to the market. The Company's ordinary shares will continue to be suspended from trading.Further information will be announced as and when it becomes available. If you have any queries relating to the above, please contact the Company'snominated adviser on 020 7991 8888. Enquiries: Andrew Gilchrist, VP Communications + 44 (0) 1624 698 713NETELLER Plc Citigate Dewe Rogerson + 44 (0) 207 638 9571Sarah Gestetner/Sebastian Hoyle/George Cazenove Notes to Editors The NETELLER Group Trusted by millions of consumers to transfer billions of dollars each year, theNETELLER Group operates the world's leading independent online payment business.The Group specialises in providing innovative and instant payment services wheremoney transfer is difficult or risky due to identity, trust, currency exchange,or distance. Being independent has allowed the Group to support thousands ofretailers and merchants in many geographies and across multiple industries. NETELLER Plc is quoted on the London Stock Exchange's AIM market, with a tickersymbol of NLR. NETELLER UK Limited is authorised by the Financial ServicesAuthority (FSA) to operate as a regulated e-money issuer. For more informationabout the Group visit www.neteller-group.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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