4 Mar 2016 11:20
4 March 2016
Monitise plc
Statement re share price movement
Monitise plc (LSE: MONI), ("Monitise" or the "Company"), notes the recent movement in the share price.
Further to the Company's interim results announcement on 12 February 2016, stating that the Company would continue to evaluate all assets within the Monitise group to ensure they remain core to its proposition, the Company today announces that it is in very early stage discussions regarding a possible disposal of the Content business (the Markco Media businesses). There is no certainty that a disposal will take place or what the terms of any such disposal may be.
About Monitise
Monitise plc (LSE: MONI) is a leader in enabling accelerated digital innovation within industries where security, compliance and scalability are mandated. Our platforms, toolkits, products and ideas draw upon over a decade of experience of building and operating world class digital banking, and support all stages of a digital solution from strategy to concept design, development and operations. Find out more at www.monitise.com.
Contacts:
Monitise plc Tom Spurgeon, Company Secretary | Tel: +44(0)20 3657 0900 |
Canaccord Genuity (NOMAD) Simon Bridges, Cameron Duncan, Emma Gabriel | Tel: +44(0)20 7523 8000 |