Update on the potential acquisition of WebEye
11 March 2022
W.A.G payment solutions plc ("Eurowag")
Update on the potential acquisition of WebEye Telematics Zrt. ("WebEye")
Further to the announcement by Eurowag in relation to the acquisition of WebEye subject to certain completion conditions made on 15 November 2021, Eurowag today announces that it has not received the approval from the Ministry of Interior in Hungary to complete the transaction.
Eurowag is assessing options to facilitate the acquisition and will provide an update on progress in due course.
ENQUIRIES
Eurowag
Tomá Novotný (Head of Investor Relations)
investors@eurowag.com
Michal Malysa (Head of Group Communications)
michal.malysa@eurowag.com
+420 775 70 80 86
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 makes life simpler for small and medium businesses in the Commercial Road Transportation industry across Europe through its unique combination of payments solutions, seamless technology, a data-driven digital eco-system and high-quality customer service. www.eurowag.com
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