Information  X 
Enter a valid email address

Monitise PLC (MONI)

  Print      Mail a friend       Annual reports

Friday 08 June, 2012

Monitise PLC

Publication of Circular and Notice of GM

RNS Number : 9693E
Monitise PLC
08 June 2012


8 June 2012


Monitise plc


("Monitise" or the "Company")


Publication of Circular and Notice of General Meeting


Further to the Company's announcement regarding the acquisition of ClairMail, Inc. (the "Acquisition") on 26 March 2012, Monitise plc, the technology and services company delivering mobile banking, payments and commerce networks worldwide, confirms that a circular including a notice convening a general meeting of the Company (the "Circular") has been published and posted to shareholders and is available for download on Monitise's website at


As previously announced, the Company is seeking authority for the Board of Monitise to allot Ordinary Shares that are to be issued as the consideration for the Acquisition.  The General Meeting will be held at the offices of FTI Consulting, 26 Southampton Buildings, Holborn Gate, London WC2A 1PB, at 9.30 a.m. on 25 June 2012.


The Company can confirm that all regulatory clearances, including the issuance of a permit approving the fairness of the Acquisition by the California Commissioner of Corporations have been received. The Acquisition is conditional upon the passing of the resolution granting authority to the Board of Monitise to allot the ordinary shares of 1 pence each in the Company (the "Ordinary Shares") that are to be issued as the consideration for the Acquisition as well as the admission of such new Ordinary Shares to trading on AIM.


The Circular should be read in its entirety and no reliance should be placed on the summary information contained in this announcement.





Monitise Group 

Tel: 020 7947 4300

Tom Spurgeon, Company Secretary

Haya Herbert-Burns, Investor Relations

Canaccord Genuity Limited

Tel: 020 7523 8000

Simon Bridges

Cameron Duncan

FTI Consulting

 Tel: 020 7831 3113

Charles Palmer

Jon Snowball




About Monitise


Monitise is a technology and services company delivering mobile banking, payments and commerce networks worldwide with the proven technology and expertise to enable financial institutions and other service providers to offer a wide range of services to their customers in developed and emerging markets.


With live services in the UK, the US, India and Africa, the company is working with international partners to extend trusted and secure mobile banking, payment and commerce services in territories worldwide, including Europe, Asia Pacific and Latin America.  Monitise has strategic partnerships with Visa Inc., Visa Europe, RBS Group and FIS. Other leading partners and clients include HSBC, Lloyds Banking Group, First Direct, U.S. Bank, Standard Chartered Bank, Travelex, Vocalink, Vodafone, Orange, O2, T-Mobile, 3 UK, Research In Motion, The Carphone Warehouse, First Eastern, Astra International, JETCO and PCCW mobile.


More information is available at



About Clairmail


Clairmail is a private company headquartered in San Rafael, California, USA and was founded in 2004. It is a leading provider of mobile banking and payment solutions in the US market. The Clairmail mobile platform operates across many different devices, protocols, carriers and applications.


Clairmail has been chosen by over half of the top 13 North American financial institutions, and a third of the top 50. These include, among others, two of the largest card issuers in the US, as well as PNC Bank, Sallie Mae and Fifth Third Bank among others. The 48 customers in total represent an end consumer reach of 135 million. The Clairmail business has a large and rapidly growing end-user base, currently in excess of 6 million registered customers, a 110% increase over the prior year. Clairmail sees over 745 million transactions on an annualised basis on its platform.




This information is provided by RNS
The company news service from the London Stock Exchange