Completion of acquisition of Inelo

RNS Number : 1348T
Eurowag
15 March 2023
 

15 March 2023

EUROWAG

Completion of acquisition of Inelo

W.A.G payment solutions plc ("Eurowag" or the "Company") today announces that, following receipt of Eurowag shareholder approval, W.A.G. payment solutions a.s., a wholly owned subsidiary of Eurowag, has completed the acquisition of 100% of the share capital of Grupa Inelo S.A.

 

ENQUIRIES

Eurowag

Carla Bloom

Head of Investor Relations and Communications

+44 (0) 789 109 4542

investors@eurowag.com

Jefferies International Limited  

Paul Bundred, Vagelis Kollintzas, Harry Le May

Sponsor, Sole Financial Adviser to Eurowag

+44 207 029 8000

Instinctif Partners

Tim McCall, Galyna Kulachek, Bryn Woodward

IR and international media

+44 (0)20 7574 2020

eurowag@instinctif.com

About Eurowag

Eurowag was founded in 1995 and is a leading pan-European integrated payments & mobility platform focused on the Commercial Road Transportation industry. Eurowag's innovative solutions make life simpler for small and medium businesses in the CRT industry across Europe through its unique combination of payments solutions, seamless technology, a data-driven digital ecosystem and high-quality customer service.  investors.eurowag.com

IMPORTANT NOTICE

The contents of this announcement have been prepared by and are the sole responsibility of Eurowag.

Jefferies International Limited ("Jefferies"), which is authorised and regulated in the UK by the Financial Conduct Authority, is acting for the Company and no-one else in connection with the Acquisition. In connection with such matters, Jefferies, its affiliates and their respective directors, officers, employees and agents will not regard any other person as their client in relation to the Acquisition and will not be responsible to any person other than Eurowag for providing the protections afforded to clients of Jefferies or for the giving of advice in relation to the contents of this announcement, the Acquisition or any transaction, arrangement or other matter referred to herein.

Apart from the responsibilities and liabilities, if any, which may be imposed upon Jefferies by the Financial Services and Markets Act 2000 (as amended) or the regulatory regime established thereunder, or under the regulatory regime of any jurisdiction where the exclusion of liability under the relevant regulatory regime would be illegal, void or unenforceable, Jefferies accepts no responsibility whatsoever or makes any representation or warranty, express or implied, concerning the contents of this announcement, including its accuracy, completeness or verification, or concerning any other statement made or purported to be made by Jefferies or on its behalf, in connection with the Company or the Acquisition, and nothing in this announcement is, or shall be relied upon as a promise or representation in this respect, whether as to the past or future. Jefferies accordingly disclaims, to the fullest extent permitted by law, all and any responsibility and liability whether arising in tort, contract or otherwise (save as referred to herein) which it might otherwise have in respect of this announcement or any such statement.

You are advised to read this announcement and the Circular in their entirety for a further discussion of the factors that could affect Eurowag future performance, including following completion of the Acquisition.

This announcement does not constitute, and should not be construed as, an offer to purchase or sell or issue securities, or otherwise constitute an inducement, invitation, commitment, solicitation or recommendation to any person to purchase, subscribe for, or otherwise acquire securities in Eurowag or any of its affiliates, or constitute an inducement to enter into any investment activity in any jurisdiction. Nothing contained in this announcement is intended to, nor shall it, form the basis of, or be relied on in connection with, any contract or commitment whatsoever and, in particular, must not be used in making any investment decision.

Save as required by applicable law, each of Eurowag and Jefferies and their respective affiliates expressly disclaims any intention, obligation or undertaking to update, review or revise any of the information contained herein, or to correct any inaccuracies which may become apparent whether as a result of new information, future developments or otherwise.

 

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