20th Mar 2006 16:50
NETeller PLC20 March 2006 For immediate release Press release 20 March 2006 NETELLER PLC Holdings in Company NETELLER Plc (the "Company") received notification on 17 March 2006 that on 15March 2006 Morgan Stanley Securities Limited ("MSSL") disposed of an interest inthe Company's shares that resulted in MSSL holding a total of 3,792,012 ordinaryshares representing approximately 3.15% of the issued share capital of theCompany. As at 17 March 2006, the Company had 120,353,025 ordinary shares in issue. Enquiries: NETELLER PlcAndrew Gilchrist, Vice President - Communications 01293 897 515 Notes to Editors The NETELLER Group The NETELLER Group operates an online money transfer service that utilises andextends the existing international banking structure to provide a secure meansof transferring funds worldwide. A NETELLER account acts as a virtual walletthat enables customers (individuals who open NETELLER accounts) to load,withdraw and transfer funds by purchasing e-money. E-money can be instantlytransferred to or from any merchant (or internet site) that supports NETELLER'sonline payments system for goods and services. Additionally, funds can betransferred between individual customers in peer-to-peer exchanges. NETELLERhas over 2.3 million customers and approximately 1,700 supporting merchants,making the Company a leader in online payment services. NETELLER UK Limited isauthorized by the Financial Services Authority (FSA) to operate as a regulatede-money issuer. Further information may be obtained from the NETELLER's websiteat www.neteller.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Paysafe Group