Paypoint plc
Notice of Preliminary Results
PayPoint plc, the cash and internet payments group, advises that it
will make its Preliminary Results announcement for the year ended 30
March 2008 on Thursday, 22 May 2008.
A presentation for analysts will take place at 11.45 at Finsbury,
Tenter House, 45 Moorfields, London, EC2Y 9AE, with coffee available
from 11.15.
Enquiries
Finsbury Group 020 7251 3801
Rollo Head
Don Hunter
About PayPoint
PayPoint is the leading cash and internet payments company in the UK
and Ireland, handling in excess of £6 billion in over 470 million
transactions annually for more than 5,000 clients and merchants. The
company operates with several payment networks:
* The PayPoint branded retail network numbers over 19,400
terminal outlets located in local shops (including Co-op, Spar,
Costcutter, Sainsburys Local, One Stop, Londis and thousands of
independents) in all parts of the UK and Ireland. Terminals handle
gas and electricity meter prepayments, cash bill payments, mobile
phone top-ups, transport tickets, London Congestion charges, BBC TV
licences and a wide variety of other payment types for all of the
leading utilities, telecommunications suppliers and many consumer
service companies. This network is used by consumers, free of
charge, 8 million times a week. The network has 97.3% population
cover on a 1 mile urban or 5 miles rural measure;
* Additionally there are over 2,000 Multiple retailer
connections into the electronic till systems of outlets in the UK
including BP, Somerfield and Superdrug for mobile top-ups and
selected payments from the PayPoint range;
* The PayPoint ATM network has over 1,950 'LINK' branded
machines across the UK, also typically in convenience stores;
* PayPoint.net (combining Metacharge and SECPay), provides
secure credit and debit card payments for over 4,500 web merchants
linking into all the major UK acquiring banks; and
* PayPoint International acquired a Romanian mobile top-up
operator in May 2007 to which a bill payment service will be added,
emulating the UK branded retail network. PayPoint International
also operates Irish bill payment and top-up services.
PayPoint floated on the London Stock Exchange in September 2004 and
the company's market capitalisation was £372 million as at 6 May
2008.
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