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Pin to quick picksCambria Africa Regulatory News (CMB)

  • This share is currently suspended. It was suspended at a price of 0.225

Share Price Information for Cambria Africa (CMB)

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Paynet update - suspension of services to banks

12 Jun 2019 10:53

RNS Number : 9742B
Cambria Africa PLC
12 June 2019
 

Cambria Africa Plc

 

("Cambria" or "the Company")

 

Paynet update - suspension of services to banks

 

The Company notes media speculation in Zimbabwe and confirms it has taken the decision to temporarily suspend its Paynet services to its banking clients in Zimbabwe.

 

It has taken this decision as it seeks to protect its contractual position with those clients to receive its payments for its Paynet software platform in US dollars as it is concerned as a result of the devaluation of the local Zimbabwean dollar it will renege on the contractual position.

 

The banks have deferred to its banking body, the Interbank Operations Committee ('IOC'). As the IOC has to date not provided sufficient confirmations to the satisfaction of the Company, the Company has taken this action.

 

The Company will provide a further update in due course.

 

For further information, please contact:

 

Cambria Africa Plc:

www.cambriaafrica.com

Samir Shasha

+44 (0) 207 669 0115

 

WH Ireland Limited:

www.wh-ireland.co.uk

James Joyce / Matthew Chan

+44 (0) 207 220 1666

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Date   Source Headline
27th May 20102:49 pmRNSForgetMeNot Africa agreement with Safaricom
13th May 20107:00 amRNSProposed Secondary Listing on Zimbabwe Exchange
11th May 20102:31 pmRNSInterim Results 2010
20th Apr 20101:24 pmRNSLeopard Rock Hotel update
24th Feb 20102:45 pmRNSResult of AGM
26th Jan 20107:00 amRNSFinal Results
31st Dec 20097:00 amRNSTotal Voting Rights
30th Dec 200912:50 pmRNSDisposal of Shares
14th Dec 200912:26 pmRNSHolding(s) in Company
11th Dec 20094:58 pmRNSHolding(s) in Company
8th Dec 20097:00 amRNSUpdate on Celsys
4th Dec 20097:02 amRNSPrivate Placement
11th Nov 20094:02 pmRNSHolding(s) in Company
15th Oct 20094:30 pmRNSHoldings in Company
15th Oct 20097:00 amRNSMarket Update
6th Oct 200911:37 amRNSAppointment of New Finance Director
14th Sep 20092:50 pmRNSDirectorate Change
4th Sep 200911:40 amRNSNotification of Interest
28th Aug 20095:00 pmRNSTotal Voting Rights
31st Jul 20097:00 amRNSLonZim result of EGM
30th Jul 20094:44 pmRNSEGM Statement
15th Jul 20097:00 amRNSHolding(s) in Company
15th Jul 20097:00 amRNSLonZim Plc Buys Back 4,374,000 Shares
8th Jul 20097:00 amRNSNotice of EGM
1st Jul 20093:35 pmRNSFly540 to commence flights in Zimbabwe
29th Jun 20092:12 pmRNSRefurbishment of Leopard Rock Hotel in Zimbabwe
24th Jun 200912:34 pmRNSProposed Hostile Directors Withdraw
24th Jun 200912:26 pmRNSNotification of Major Interests in Shares
12th Jun 20095:30 pmRNSDirectors' Disclosure Update
28th May 20096:07 pmRNSDirector/PDMR Shareholding
27th May 20096:04 pmRNSHolding(s) in Company
27th May 20097:00 amRNSInterim Results
22nd May 20097:00 amRNSEstablishes pharmaceutical distribution company
7th May 20097:00 amRNSCelsys Limited Update
30th Apr 20095:30 pmRNSResult of AGM
30th Apr 200911:58 amRNSHolding(s) in Company
30th Apr 200910:22 amRNSDisposal of Shares
28th Apr 200910:14 amRNSExtraordinary General Meeting Requisition
28th Apr 20097:00 amRNSLeopard Rock added to PGA's Prestige Collection
24th Apr 20097:00 amRNSShareholder Letter Replacement
23rd Apr 20095:57 pmRNSShareholder Letter
22nd Apr 20094:39 pmRNSRequisitioned General Meeting
22nd Apr 20094:39 pmRNSRequisitioned General Meeting
20th Apr 20096:00 pmRNSNotification of Interest in Shares
17th Apr 20094:12 pmRNSLonZim buys Leopard Rock Hotel in Zimbabwe
8th Apr 20096:18 pmRNSNotice of AGM
3rd Apr 20097:00 amRNSChange of Adviser
30th Mar 20095:36 pmRNSNotification of interest
25th Mar 20095:36 pmRNSNotification of Interest
25th Mar 20092:27 pmRNSNotification of Interest

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