19th Dec 2011 07:01
For immediate release: 19 December 2011
MoneySwap Plc
("MoneySwap", the "Group" or the "Company")
Termination of Agreement
The Directors of MoneySwap Plc (AIM: SWAP), the Asia focused currency transfer business, were today notified that the Operating Agreement between Rosy Start Limited and MoneySwap has been terminated. The termination has no material impact on the Company's revenues, the last transactions having taken place in March 2011.
For further information, please contact:
MoneySwap Plc | Allenby Capital Limited | GTH Communications |
Nominated Adviser | Financial PR | |
Richard Proksa Chief Executive Officer | Nick Naylor Alex Price James Reeve | Toby Hall Suzanne Johnson Walsh |
+852 3919 9888 | +44 20 3328 5656 | +44 203 103 3900 |
About MoneySwap (www.moneyswap.com)
MoneySwap Plc is a Gibraltar registered company that has its operational headquarters in Hong Kong. Primarily focused on the Asia market, the Group operates an online peer to peer foreign exchange and payment platform. The Group's online money services platform enables peer to peer currency exchange and payments either between e-wallets or international money transfers through the global banking system. The Group has banking relationships with Barclays Bank plc in Europe, DBS Bank in Singapore as well as Standard Chartered plc, HSBC in Hong Kong together with various local domestic banks in other countries. Its shares are traded on the London Stock Exchange's AIM market (AIM:SWAP.L).
Related Shares:
SWAP.L