LONDON (Alliance News) - Earthport PLC said on Friday that LMR Partners LLP built a 7.2% interest in the company in a transaction on Thursday.
Shares in the cross-border payments platform closed flat at 36.50 pence on Friday.
Fri, 26th Apr 2019 16:50
LONDON (Alliance News) - Earthport PLC said on Friday that LMR Partners LLP built a 7.2% interest in the company in a transaction on Thursday.
Shares in the cross-border payments platform closed flat at 36.50 pence on Friday.
Earthport, a cross-border payments company, said in a brief statement that it has signed an agreement with American Express to expand its existing foreign exchange international payment service. The launch of the service is expected later in 2013. The company's share price climbed 11.8% to 22.50p
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Read moreEarthport, a cross-border payments company, has placed around 55.2m new ordinary shares at 14.5p each, the proceeds of which will be used to accelerate growth, for geographic expansion and representation, continued execution of direct sales strategy and increase sales channel partner programme. Gro
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Read moreLosses more than doubled at Earthport in line with ballooning administration expenses as the cross-border payments company splurged on pursuing its quest for top line growth last year. Revenue for the second half of 2011 increased 5.3% to £1.39m from £1.32m at the interim stage the year before.
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