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DPA Dismissal

21st Aug 2009 08:12

RNS Number : 8071X
Neovia Financial PLC
21 August 2009
 



Press release

For immediate release

NEOVIA Financial Plc 

NEOVIA announces Dismissal of Complaint by US Attorney's Office and 

end of Deferred Prosecution Agreement

Friday 21 August 2009 - NEOVIA Financial Plc ("NEOVIA" or the "Company"), (NEO.L), the independent online payments business, announces that the Deferred Prosecution Agreement ("DPA") entered into effective 18 July 2007 with the US Attorney's Office for the Southern District of New York has expired as scheduled. The Company has received a copy of the Notice of Dismissal of the Complaint filed against it in this matter in the United States District Court for the Southern District of New York. The Company has complied with the DPA and will no longer be subject to oversight by the Monitor appointed pursuant to the DPA.

For further information contact:

NEOVIA Financial Plc

Andrew Gilchrist, VP Communications  + 44 (0) 1624 698 713

Email: [email protected]

Twitter: https://twitter.com/neovia

Citigate Dewe Rogerson + 44 (0) 207 638 9571

Sarah Gestetner / George Cazenove

Daniel Stewart & Co Plc + 44 (0) 207 776 6550

Paul Shackleton

* * * * *

About NEOVIA Financial 

Trusted by consumers and merchants in over 160 countries to move and manage billions of dollars each year, NEOVIA Financial Plc (formerly NETELLER Plc) operates the world's leading independent online payments business. Through its Payment Suite, featuring NETELLER®, NETBANX®, Net+™ and 1-PAY™ brands, NEOVIA Financial specialises in providing innovative and instant payment services where money transfer is difficult or risky due to identity, trust, currency exchange, or distance. Being independent has allowed the company to support thousands of retailers and merchants in many geographies and across multiple industries.

NEOVIA Financial Plc is quoted on the London Stock Exchange's AIM market, with a ticker symbol of NEO. Subsidiary company NETELLER (UK) Ltd is authorised by the Financial Services Authority (FSA) to operate as a regulated e-money issuer. For more information about NEOVIA Financial visit www.neovia.com or contact us by email at [email protected].

This information is provided by RNS
The company news service from the London Stock Exchange
 
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