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Pin to quick picksZamano Share News (ZMNO)

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Zamano to focus on bolt-on acquisitions

Thu, 04th Aug 2016 12:25

(ShareCast News) - AIM-listed Zamano said on Thursday that it will look to make bolt-on acquisitions as it repositions the business into higher added-value, growth orientated activities.In a statement ahead of its annual general meeting, Zamano said a strategic review carried out on behalf of the company found it needed to focus its acquisition programme on the mobile advertising, social and billing areas.Zamano, which provides interactive applications and services to mobile devices, said the strategic review identified a small number of potential acquisitions in these three sectors which it is currently evaluating.The group also announced the appointment of Edmond Murphy, the technology entrepreneur who led the strategic review, as a non-executive director of Zamano.Chairman Colin Tucker said: "We are delighted to welcome Eddie to the board of Zamano. His extensive experience in payments, social media and advertising will be of considerable benefit to Zamano as we actively pursue the re-positioning of the business."Murphy is founder and shareholder of Irish payments company, Continuum Commerce Ltd and is a director of US Social Media company, SoHalo, US Marketing agency, The Campus Agency and US advertising distribution business, Speed Media Inc.He also co-founded the Irish web development business Labryinth which was subsequently acquired by BT.At 1232 BST, Zamano shares were down 16.2% to 10.06p.
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7 Sep 2018 16:23

Zamano Delists Shares As Fails To Complete Buyout After Suspension (ALLISS)

LONDON (Alliance News) - Zamano PLC said Friday that its shares will be delisted from trading on London's AIM Market after it failed to make an acquisition within six months from its cash were

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13 Aug 2018 15:40

Zamano Reverse Takeover Off As Counterparty Ends Discussions

LONDON (Alliance News) - Mobile technology company Zamano PLC said Monday the unnamed counterparty, which it was in discussions over a potential reverse takeover, has notified the company it to to

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9 Jul 2018 17:50

Zamano Remains In Discussions Regarding Potential Reverse Takeover

LONDON (Alliance News) - Zamano PLC said Monday it has continued talks and remains in on-going negotiations with an unnamed party regarding the potential reverse takeover.The mobile company

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9 May 2018 15:51

Valkendorf Now Has 9.1% Holding In Cash Shell Zamano (ALLISS)

LONDON (Alliance News) - Cash shell Zamano PLC on Wednesday said Copenhagen-based Valkendorf ApS now has a 9.1% stake in the company.Zamano did not disclose Valkendorf's interest prior

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27 Apr 2018 12:06

Zamano To Develop New Business Following Operating Units Disposal

LONDON (Alliance News) - Zamano PLC on Friday said that it withdrew from its existing business lines and is in talks with a potential investor to develop new business.The mobile and has hit

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6 Mar 2018 12:37

Cash Shell Zamano Shares To Be Suspended As It Fails To Make Purchase

LONDON (Alliance News) - Zamano PLC shares will be suspended from trading in London on Friday as the cash shell has not been able to make an acquisition a

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3 Feb 2017 09:28

Zamano's shares plummet as it struggles to stay afloat

(ShareCast News) - Zamano, an AIM-listed European provider of interactive applications and services to mobile devices, has announced that it may have to close down its dwindling business operations in order to protect its cash position. Since the company's launch of Payforit, a joint initiative of m

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25 Nov 2016 16:01

Zamano Starts Redundancy Programme As UK Business Hit By Payforit

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25 Aug 2016 13:08

Zamano notes mixed H1 trading, upbeat on sales and cash generation

(ShareCast News) - Zamano said its overall trading was mixed in the first half, but noted significant increases in both sales performance and cash generation. "This was offset by falling margins due to increased investment in advertising, a changing sales mix in the UK and some foreign exchange head

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10 May 2016 16:27

Zamano CEO Ross Conlon resigns

(ShareCast News) - Zamano CEO Ross Conlon tendered his resignation with immediate effect this week, with the company saying he was leaving to pursue other interests. Conlon joined the AIM-traded firm in 2007 as part of its acquisition of Red Circle, and had held a number of senior roles prior to his

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10 May 2016 14:30

Zamano Chief Executive Ross Conlon Resigns To Pursue Other Interests

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10 Mar 2016 10:38

Zamano Posts 2015 Profit Rise, Eyeing Potential Acquisitions

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4 Nov 2015 17:49

Zamano Chairman To Step Down In Spring 2016; Revenue Up

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23 Oct 2015 08:08

Zamano says offer talks have ended

(ShareCast News) - Zamano said the talks it had entered into in August regarding a possible takeover offer have been terminated. On 3 August, the mobile payments and marketing company announced that it had received a preliminary and highly conditional approach regarding a possible offer at a price o

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