Network International Holdings PLC Investor Update (6812M)
25 January 2021 - 6:00PM
UK Regulatory
TIDMNETW
RNS Number : 6812M
Network International Holdings PLC
25 January 2021
Investor update - 25 January 2021
Network International Holdings plc ("Network" or the "Company")
announces that it has today published on the Investor Relations
section of its website; responses to a number of frequently asked
questions(1) . The FAQs provide final responses to certain matters
raised in the ShadowFall report published on December 23(rd) 2020.
Therefore, we will not be publishing further responses to matters
raised which we consider immaterial, factually inaccurate,
historical, or that have already been addressed in our investor
communications.
Ron Kalifa OBE, Chairman, said:
"Integrity is central to all that we do at Network International
and we refute the concerns against the Company. The Board carefully
considers issues raised by stakeholders and while there are limited
associations between DPO and some individuals that are regrettable,
the Board is satisfied there is no evidence of wrongdoing by the
DPO Group.
DPO remains a highly attractive asset, as an online payments
business with a leading pan-African presence. The acquisition will
accelerate our growth and consolidate our position in the fastest
growing payments market in the world. We are confident in the
strength of our business, our culture, and the financial and
operating discipline that underpins everything we do. We continue
to be excited by the opportunity for growth in our markets and
confidently look forward to executing on our strategy to build the
leading payments business in the Middle East and Africa."
1. These FAQs contain certain forward-looking statements with
respect to the financial condition, results or operation and
businesses of Network International Holdings plc. Such statements
and forecasts by their nature involve risks and uncertainty because
they relate to future events and circumstances.
There are a number of other factors that may cause actual
results, performance or achievements, or industry results, to be
materially different from those projected in the forward-looking
statements. These factors include general economic and business
conditions; changes in technology; timing or delay in signing,
commencement, implementation and performance of programmes, or the
delivery of products or services under them; industry;
relationships with customers; competition; and ability to attract
personnel.
You are cautioned not to rely on these forward-looking
statements, which speak only as of the date of this announcement.
We undertake no obligation to update or revise any forward-looking
statements to reflect any change in our expectations or any change
in events, conditions or circumstances.
Investor Relations enquiries
Network International InvestorRelations@Network.Global
Amie Gramlick, Head of Investor Relations
Media enquiries
Finsbury Network-Lon@Finsbury.com
James Leviton, Rob Allen
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END
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