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SafeCharge Int Grp (SCH)

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Friday 13 July, 2018

SafeCharge Int Grp

Trading Statement

RNS Number : 5053U
SafeCharge International Group Ltd
13 July 2018
 

SafeCharge International Group Limited

 

("SafeCharge" or the "Company")

Trading Update

 

SafeCharge (AIM: SCH), a leading payments technology company, provides the following trading update for the first six months of 2018.

 

Trading in the first half of the year has been strong with good momentum in revenues and transaction processing volumes in H1, driven by new customer wins.

The Group continues to invest in new sales people and additional marketing to bring in new customers and generate a greater awareness of SafeCharge's capabilities outside our traditional markets and verticals.

With robust current trading and strong sales pipeline, the Board remains confident that the outcome for the year will be in line with market expectations.

 

The Company expects to announce its interim results for the period ending 30 June 2018 on 13 September 2018.

 

- Ends -

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

Enquiries

 

SafeCharge International Group Limited

David Avgi, Chief Executive Officer

Tsach Einav, Chief Financial Officer

c/o FTI Consulting

 

+44 (0) 20 3727 1725

Jean Beaubois, Head of Investor Relations

 

+44 (0) 7826 936619

Shore Capital

Mark Percy

Toby Gibbs

 

+44 (0) 20 7408 4090

FTI Consulting

Matthew O'Keeffe

Elena Kalinskaya

 

+44 (0) 20 3727 1725

 

About SafeCharge

 

SafeCharge International Group Limited (AIM: SCH) is the payment service partner for the world's most demanding businesses. SafeCharge provides global omnichannel payments services from card acquiring and issuing to payment processing and checkout, all underpinned by advanced risk management solutions. This fully featured proprietary payment platform connects directly to all major payment card schemes including Visa, MasterCard, American Express and Union Pay as well as over 150 local payment methods. With offices around the world, SafeCharge serves a diversified, blue chip client base and is a trusted payment partner for customers across a range of vertical markets. The Company has been listed on the AIM market of the London Stock Exchange since 2014.

 

www.safecharge.com


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