Friday, 23 February 2018

Announcement

GENERAL: SPY: Proposed Pemba Transaction not to Proceed

15 Dec 2017 11:55NZX
The Board of Smartpay wishes to advise that it has been notified by Pemba
Capital Partners Pty Limited ("Pemba") that Pemba does not intend to progress
further with the preliminary, indicative, non-binding and conditional
proposal ("Indicative Proposal") received by Smartpay and announced to the
market on 31 August 2017.

Greg Barclay, Chairman of Smartpay commented "For Smartpay it is very much
business as usual, with no change to our strategy, as the company looks to
continue to deliver on value creation opportunities in front of us".

Ends

For further information contact:

Greg Barclay, Chairman, + 64 (21) 306 594
Bradley Gerdis, Managing Director, +61 (2) 7903 6333  /  + 64 (9) 442 2717
End CA:00312036 For:SPY    Type:GENERAL    Time:2017-12-15 11:55:54
Views: 176
Smartpay Limited Ordinary Shares
 0.2000 Change:
0.00
0.00%
 
Open:0.2000 
High:0.2000 
Low:0.2000 
Volume:0 
Last Traded:07/02/18 00:20:50 
Bid:0.1750 
Ask:0.2000 
52-Wk High:0.2400 
52-Wk Low:0.1650