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Mi-Pay Trading In Line With Its Expectations, Confident On Outlook

Tue, 26th May 2015 08:18

LONDON (Alliance News) - Mobile payments company Mi-Pay Group PLC on Tuesday said it is trading in line with its expectations.

In a short statement issued ahead of its annual general meeting, Chairman Seamus Keating said: "Trading for the current year has started well and is in line with management's expectations. The board of Mi-Pay remains confident that they will be able to achieve positive cash flow in 2016."

Shares in Mi-Pay were untraded on Tuesday, having last traded at 31.50 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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