Glantus Holdings PLC Silicon Valley Bank (6594S)
13 March 2023 - 6:00PM
UK Regulatory
TIDMGLAN
RNS Number : 6594S
Glantus Holdings PLC
13 March 2023
Glantus Holdings plc
("Glantus" or the "Company")
Silicon Valley Bank
Glantus (AIM: GLAN), the provider of Accounts Payable ("AP")
automation and analytics solutions, confirms that it uses Silicon
Valley Bank ("SVB") for its US operations. Glantus is proactively
managing the situation and does not currently expect any
significant operational difficulties. The Company's maximum
exposure is expected to only slightly exceed the $250k amount which
is insured by the FDIC. Consequently, the Board is confident that
the current situation regarding SVB will not have a material impact
on Glantus.
Further updates will be made as appropriate.
Enquiries:
Glantus Holdings
Maurice Healy, CEO
Diane Gray Smith, Interim CFO
ir@glantus.com + 353 86 2677800
Shore Capital
Nominated Advisor and Broker
Patrick Castle / John More / Tom Knibbs + 44 207 408 4090
Yellow Jersey PR
Charles Goodwin
Annabelle Wills +44 7747 788 221
About Glantus Holdings plc
Glantus Holdings (AIM: GLAN) Glantus is a global provider of
accounts payable automation and analytics solutions. Glantus'
mission is to harness technology to drive innovation, unlocking
efficiencies in AP to maximise working capital for global
enterprise organisations. The award-winning Glantus DataShark
Platform connects all AP systems and suppliers on one agile
platform, eliminating cost and delivering new revenue streams. We
work in tandem with our partners to deliver joint enterprise
digital transformation solutions. For more information see
glantus.com.
Founded in 2014 and headquartered in Dublin, Glantus has offices
in the United States, United Kingdom, Poland and Costa Rica.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCJTMFTMTJBBJJ
(END) Dow Jones Newswires
March 13, 2023 03:00 ET (07:00 GMT)
Glantus (LSE:GLAN)
Historical Stock Chart
From Sep 2024 to Oct 2024
Glantus (LSE:GLAN)
Historical Stock Chart
From Oct 2023 to Oct 2024