Monitise Share News (MONI)

Monitise Information

There is currently no data for MONI

Monitise raises £49.2m amid new share issue

Thu, 27th Nov 2014 11:04

British holding company Monitise PLC said Santander Group, Telefónica Group and MasterCard have agreed to subscribe for 161.3m new shares in the mobile payments company.The firm added that the agreement will raise £49.2m, giving Santander 108.2m new shares and a 5.1% stake in the company, while Telefónica will receive 42.6m new shares, receiving a 2% holding.Monitise said that for as long as the two Spanish firms hold at least a combined 5% of Monitise's shares they will be entitled to nominate a non-executive director to the company's board.Mastercard, meanwhile, will buy 32.7m new shares in the company, which are being issued at 30.5p, corresponding to a 1.5% stake."In order to succeed, organisations increasingly realise that partnerships without frontiers are critical to enabling them to engage with and serve their customers in an evolving digitally-connected world," said the group's co-chief executive Elizabeth Buse."Our approach to open collaboration across industries supports this by simplifying access to a common mobile network for partners via our cost-effective, subscription-based, flexible technology products and services."The next phase of our strategy sees Monitise, in collaboration with its partners, accelerating on its strategy to be the world's leading enabler of digital commerce services."Monitise shares leaped 12.30% to 34.25p at 10:59 on Thursday.

More News

3 Jan 2017 12:12

Monitise says has not sold Americas business

(ShareCast News) - Monitise said on Tuesday that it has not sold its Americas business unit. The AIM-listed specialist in financial services technology noted an announcement on the Checkalt Digital website suggesting that it has bought Monitise Americas and clarified that no such transaction has tak

3 Jan 2017 12:03

Monitise Says Checkalt Has Not Bought Americas Business

8 Sep 2016 10:51

Monitise reports on tough turnaround year

(ShareCast News) - Financial services digital technology company Monitise announced its preliminary results for the financial year to 30 June on Thursday, which it said confirmed a "substantial improvement" in operating figures in the second half. The AIM-traded firm said its new business unit, FINK

21 Jul 2016 07:35

Monitise Says Revenue Set To Fall In New Year After Flat Second Half

31 May 2016 07:48

Monitise no longer in discussions over content business

(ShareCast News) - AIM-listed mobile payments processor Monitise said discussions regarding a possible sale of its content business, Markco Media, have now ended. Monitise had announced in early March that it was in very early stage discussions regarding a possible disposal. However, the company sa

31 May 2016 07:19

Monitise Ends Discussions Over Potential Disposal Of Content Business

29 Mar 2016 06:40

Monitise Appoints Gavin James As COO And Finance Chief

4 Mar 2016 14:16

Monitise confirms early stage talks to sell content business

(ShareCast News) - AIM-listed mobile payment processor Monitise confirmed on Friday that it is in very early stage discussions regarding a possible disposal of the content business, Markco Media. "There is no certainty that a disposal will take place or what the terms of any such disposal may be," i

4 Mar 2016 11:33

Monitise Shares Surge On Early Talks To Sell Markco Media Businesses

12 Feb 2016 10:45

Monitise predicts positive earnings after massive write-offs

(ShareCast News) - First-half results from Monitise showed underlying losses cut by a third as the painful restructuring of the financial software group grinds towards what is expected to be a profitable second half. However, reported operating losses before tax ballooned to £211.6m compared to £58.

12 Feb 2016 07:53

Latest Share Chat

Monitise Share News (MONI)

Monitise raises £49.2m amid new share issue

Monitise says has not sold Americas business

Monitise Says Checkalt Has Not Bought Americas Business

Monitise reports on tough turnaround year

Monitise Says Revenue Set To Fall In New Year After Flat Second Half

Monitise no longer in discussions over content business

Monitise Ends Discussions Over Potential Disposal Of Content Business

Monitise Appoints Gavin James As COO And Finance Chief

Monitise confirms early stage talks to sell content business

Monitise Shares Surge On Early Talks To Sell Markco Media Businesses

Monitise predicts positive earnings after massive write-offs

Monitise Interim Loss Widens Amid "Challenging" Transition To Cloud

Earnings, Trading Statements Calendar - Week Ahead

Monitise Confident Of EBITDA Breakeven In 2nd Half Of Financial Year

Exodus Continues As Monitise CFO Brad Petzer Resigns

Monitise Trims Board By Two To Streamline Business

Latest Share Chat

Monitise Share News (MONI)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Monitise raises £49.2m amid new share issue

Login to your account

Quickpicks are a member only feature

Login to your account