Last checked at 10 Jun 2009 10:46
10 June 2009
DataCash Group plc: DATA/ Index AIM/ Sector: Support Services
DataCash Group Plc ('the Company')
Ashley Head, Chairman of DataCash Group Plc, the AIM-listed payment service provider, will make the following statement at the AGM to be held at 13.00 today, 10th June 2009:
"DataCash Group continues to make progress, transaction volumes continue to grow and our first 5 months results were in line with the Board's expectations. Our risk service offering has been strengthened by the acquisition of a 76% stake in The 3rd Man in January, and this has assisted in the marketing efforts in both Card Holder Present and Not Present negotiations. While the Company continues to trade in line with the Board's expectations and has not seen any slowing in volume growth, the Board is mindful of the difficult economic and trading conditions. Considering the circumstances the Board remains optimistic of the outlook for this year and beyond."
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For further information please contact:
DataCash Group PLC
Paul Burton Tel: +44 (0)870 72 74 76 0
Finance Director E-mail: Paul.burton@datacash.com
Website: www.datacash.com