MobilityOne Limited Statement re Share Price Movement (4784Z)
21 Mayo 2021 - 7:29AM
UK Regulatory
TIDMMBO
RNS Number : 4784Z
MobilityOne Limited
21 May 2021
21 May 2021
MobilityOne Limited
("MobilityOne", the "Company" or the "Group")
Statement re. share price movement
MobilityOne (AIM: MBO), the e-commerce infrastructure payment
solutions and platform provider, notes today's movement in its
share price. The Company has earlier today announced that it has
received a license from MasterCard Asia/Pacific Pte Ltd for
MobilityOne Malaysia, its wholly owned subsidiary in Malaysia, to
issue MasterCard prepaid cards in Malaysia and that SWIFT has
permitted MobilityOne Malaysia to join its network. This
notification was non-regulatory and released by the Company via
Reach.
Whilst the Company is pleased with these developments, the
Directors do not anticipate any significant revenue or earnings
contribution from either of these arrangements in the current
financial year. Transactions with MasterCard and SWIFT are expected
to commence in the 4 (th) quarter of this year and are subject to
approval from the Central Bank of Malaysia. As such the Company
does not anticipate that these developments will have a material
impact or contribution to the current growth prospects of the
Group.
The Company confirms that there is no other information that is
required to be notified at the current time. The Board of
MobilityOne knows of no other reason for the share price
movement.
-ends
For further information, contact:
MobilityOne Limited +6 03 89963600
Dato' Hussian A. Rahman, CEO www.mobilityone.com.my
har@mobilityone.com.my
Allenby Capital Limited (Nominated Adviser and Broker) +44 20 3328 5656
Nick Athanas
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