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Pin to quick picksWag Payment Share News (WPS)

Share Price Information for Wag Payment (WPS)

London Stock Exchange
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Share Price: 66.60
Bid: 66.60
Ask: 66.80
Change: 1.60 (2.46%)
Spread: 0.20 (0.30%)
Open: 66.60
High: 69.60
Low: 66.60
Prev. Close: 65.00
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IN BRIEF: Eurowag completes first tranche of WebEye acquisition

Thu, 23rd Jun 2022 14:45

WAG Payment Solutions PLC - London-based processor of toll and fuel payments for trucks around Europe, known as Eurowag - Completes first tranche of Hungary-based fleet management WebEye Telematics Zrt. WebEye's 58,000 connected trucks will significantly boost the company's customer base. "WebEye's customers will gain access to Eurowag's unrivalled range of integrated end-to-end payment and mobility solutions leading to incremental revenue opportunities," Eurowag says. It adds that the Ministry of Technology & Industry in Hungary has granted Eurowag the last remaining approval to buy all of WebEye's Hungarian subsidiaries.

Eurowag expects the transaction to fully complete in July.

Current stock price: 93.70 pence, down 2.4% on Friday

12-month change: down 31%

By Tom Budszus; tombudszus@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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