14th May 2018 12:34
SafeCharge International Group Limited
("SafeCharge" or the "Company")
Results of AGM and Trading Update
SafeCharge (AIM: SCH), a leading payments technology company, is pleased to announce that all resolutions were duly passed at the Company's Annual General Meeting, which was held earlier today.
The Company also provides the following trading update:
The Board reiterates expectations for full year 2018 performance.
The Group generated record revenues and transaction processing volumes in Q1, driven by new customer wins in H2 2017.
The growth of SafeCharge Acquiring remains on track.
The Group continues to invest in new sales people and additional marketing to bring in new customers and generate a greater awareness of SafeCharge's capabilities outside our traditional markets.
With robust current trading and strong sales pipeline, the Board remains confident that the outcome for the year will be in line with market expectations.
- Ends -
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Enquiries
SafeCharge International Group Limited David Avgi, Chief Executive Officer Tsach Einav, Chief Financial Officer c/o FTI Consulting
| +44 (0) 20 3727 1725 |
Jean Beaubois, Head of Investor Relations
| +44 (0) 7826 936619 |
Shore Capital Mark Percy Toby Gibbs
| +44 (0) 20 7408 4090 |
FTI Consulting Matthew O'Keeffe Elena Kalinskaya
| +44 (0) 20 3727 1725 |
About SafeCharge
SafeCharge International Group Limited (AIM: SCH) is the payment service partner for the world's most demanding businesses. SafeCharge provides global omni‐channel payments services from card acquiring and issuing to payment processing and checkout, all underpinned by advanced risk management solutions. This fully featured proprietary payment platform connects directly to all major payment card schemes including Visa, MasterCard, American Express and Union Pay as well as over 150 local payment methods. With offices around the world, SafeCharge serves a diversified, blue chip client base and is a trusted payment partner for customers across a range of vertical markets. The Company has been listed on the AIM market of the London Stock Exchange since 2014.
www.safecharge.com
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