Wameja Limited HomeSend Facility Update (8368V)
12 Agosto 2020 - 1:00AM
UK Regulatory
TIDMWJA
RNS Number : 8368V
Wameja Limited
12 August 2020
Wameja Limited ("Wameja" or the "Company")
HomeSend Loan Facility Repayment and Mastercard Facility
Increase
12 August 2020
Wameja (LSE: WJA.L & ASX: WJA.AX), a joint venture partner
with Mastercard in the HomeSend global payment hub, is pleased to
advise that the loan facility provided by Wameja to HomeSend SCRL
(as originally announced on 16 May 2019, the "Facility Agreement")
has been fully repaid in the amount of EUR2,497,752.25. The
Facility Agreement has now expired.
To support HomeSend's increasing requirements to fund the
pre-payment timing gaps in its real time settlement model, and to
provide the funds to repay the Facility Agreement, Mastercard has
increased the loan facility it provides to HomeSend (as originally
announced on 1 July 2020, the "Mastercard Facility") by EUR10M.
There have been no other changes to the terms and conditions of the
Mastercard Facility.
Authorised by:
Tom Rowe
Company Secretary
trowe@capitalcorporatelaw.com.au
For further information, please contact:
Wameja Limited www.wameja.com
John Conoley, Non-Executive Chairman investors@wameja.com
Tom Rowe, Company Secretary
finnCap Limited (Nomad and Broker) www.finnCap.com
Corporate Finance: Jonny Franklin-Adams / T: +44 (0) 20 7220
Charlie Beeson 0500
Corporate Broking: Tim Redfern / Richard Chambers
About Wameja
Wameja and Mastercard are joint venture partners of the HomeSend
global payment hub. HomeSend enables cross-border transfer between
bank accounts, cards, mobile wallets, or cash outlets from anywhere
in the world. As a founding partner in the HomeSend hub, Wameja
helped conceive and bring the opportunity to market.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCGPUUURUPUGQG
(END) Dow Jones Newswires
August 12, 2020 02:00 ET (06:00 GMT)
Wameja (LSE:WJA)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Wameja (LSE:WJA)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024