25th Nov 2015 15:45
TUNGSTEN CORPORATION PLC
("Tungsten" or the "Company")
For Immediate Release
25 November 2015
Notice of Results and Update
Tungsten Corporation plc (LSE:TUNG) the global electronic invoicing, analytics and financing company, confirms that on 16 December 2015 it will issue its interim results for the six months ended 31 October 2015. This announcement will include an update on the Company's operational review and on the status of its strategic review of Tungsten Bank.
Rick Hurwitz, Chief Executive Officer, and David Williams, Chief Financial Officer, will host a conference call for analysts and investors at 9.00am GMT on 16 December 2015. The Company will announce the call details in due course.
Enquiries:
Tungsten Corporation plc Richard Hurwitz, Chief Executive Officer Juliana Wheeler, Head of Global Communications (Media) |
+44 20 7280 7713 +44 20 7280 7973 | |
Panmure Gordon (Nominated Advisor) Fred Walsh / Dugald J. Carlean
| +44 20 7886 2500
| |
Canaccord Genuity Limited (Broker) Simon Bridges / Cameron Duncan / Emma Gabriel | +44 20 7523 8000
| |
Neustria Partners (Investors and Analysts) Robert Bailhache / Nick Henderson / Charles Gorman | +44 20 3021 2580
| |
About Tungsten Corporation plcTungsten Corporation (LSE: TUNG) accelerates global trade by enabling customers to streamline invoice processing, improve cash-flow management and make better buying decisions from their detailed spend data.
Buyer organisations that join Tungsten Network, the world's largest compliant electronic invoicing network, can reduce their invoice-processing costs by 60%. Suppliers benefit from efficiencies, greater visibility of their invoice status and peace of mind. Tungsten offers options for supply chain financing and helps buying organisations profit by applying real-time spend analytics to its vast repository of line-level invoice data.
Tungsten serves 56% of the Fortune 500 and 67% of the FTSE 100 by connecting the world's largest companies and government agencies to their thousands of suppliers around the globe. It enables suppliers to submit tax compliant e-Invoices in 47 countries, and last year processed transactions worth over $187bn for organisations such as Alliance Data, Aviva, Cargill, Deutsche Lufthansa, General Motors, GlaxoSmithKline, Henkel, IBM, Kellogg's, and the US Federal Government.
Contact: Juliana Wheeler, Head of Global Communications, +44 20 7280 7973.
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