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BUZZ-Optimal Payments: Up on FCA approval for Skrill deal

Tue, 04th Aug 2015 08:00

** Online money transfer co Optimal Payments upmore than 7 pct after UK's financial watchdog gives its go-aheadfor co's acquisition of European digital payments businessSkrill.

** Best day for the stock in a month with half its 30 dayaverage volume traded in the first hour

** Co says in a statement on Monday that it expects the dealto close on Aug. 10.

** Co said in March that it would buy the maker of theSkrill e-wallet, the biggest competitor to its e-wallet businessNeteller, for an enterprise value of about 1.1 blneuros

** Co said then that the deal would expand its onlinepayment and digital wallet services and reduce dependence on afew large customers, including its biggest in the gaming market

** Numis analysts view deal as "transformational", addingthat Optimal now has all the components in place to perform wellBroker reiterates "buy," TP 450p (Reuters Messaging:noor.hussain.thomsonreuters.com@reuters.net)

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19 Nov 2013 15:09

DIRECTOR DEALINGS: Optimal Payments CEO Exercises Share Options

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18 Nov 2013 20:51

MOVES-Warburg Pincus, Deutsche Bank, Rabobank, BofA Merrill Lynch

Nov 18 (Reuters) - The following financial services industry appointments were announced on Monday. To inform us of other job changes, email to moves@thomsonreuters.com. ** WARBURG PINCUS LLC Former U.S. Treasury Secretary Timothy Geithner, who played a major role in combating the glo

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18 Nov 2013 11:18

Online money transfer company Optimal Payments chairman steps down

Nov 18 (Reuters) - Online money transfer company Optimal Payments Plc said Chairman Dale Johnson would step down on Wednesday due to "changing personal circumstances". The company appointed non-executive director Jonathan Comerford as interim chairman while it looks for a permanent replacem

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18 Nov 2013 09:53

Optimal Payments Seeks New Chairman As Johnson Steps Down

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13 Nov 2013 12:52

Optimal Payments' NETBANX System Selected By ShoeMe.ca

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12 Nov 2013 12:51

Optimal Payments Partners For North American Sports Team Offering

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28 Oct 2013 12:03

UK WINNERS & LOSERS: Kolar Gold Jumps On Lease Grant; Avanti Soars IPO News

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28 Oct 2013 10:12

BROKER RATING CHANGES: Jefferies Raises Sage Group To Buy

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28 Oct 2013 09:31

Optimal Payments Lifted By New Jersey Payments Approval

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1 Oct 2013 09:30

Optimal Payments Enters Agreement with Identity Services Provider Daon

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17 Sep 2013 16:24

888 CFO sells 1.1m pounds-worth of shares

Aviad Kobrine, the Chief Financial Officer (CFO) of online gaming entertainment and solutions provider 888, on Monday sold 1.1m pounds-worth of shares in the group, reducing his stake to 3.76m shares. Kobrine, who has held the role of CFO since mid-2005, sold 685,390 shares at 159.51p each. In

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17 Sep 2013 08:56

Tuesday broker round-up UPDATE

Aggreko: Credit Suisse reduces target price from 2000p to 1400p and downgrades from neutral to underperform. Antofagasta: WH Ireland downgrades to neutral. Associated British Food: Nomura moves target price from 1650p to 1670p staying with its reduce rating. Aviva: Berenberg downgrades from hold

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17 Sep 2013 08:36

Tuesday tips round-up: Lloyds, Petrofac, Optimal payments

The government is a bit late to the party but the first step in the winding down of its stake in Lloyds should be welcome. In particular, it is a positive that it finally opted for a placing among institutional investors, rather than an initial public offering [IPO] or convoluted share giveaway, as

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16 Sep 2013 11:54

STOCKS NEWS EUROPE-UK small caps up 0.6 pct at midday

UK small caps and junior-listed AIM shares climb 0.6 percent and 1 percent respectively, while the mid-caps gain 0.6 percent and the blue chips rise 0.9 percent. Online money transfer company Optimal Payments gains 13.7 percent after pretax profit soars in the first half, with sales at its

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16 Sep 2013 11:24

UK Winners & Losers: Miners Hit By Gold Price Fall But Airlines Soar On Oil Slide

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