MoneySwap Plc Directorate Change (4707I)
August 30 2016 - 12:30PM
UK Regulatory
TIDMSWAP
RNS Number : 4707I
MoneySwap Plc
30 August 2016
30 August 2016
MoneySwap plc
("MoneySwap" or the "Company")
Director resignation
MoneySwap announces that Sunny Yu has today resigned as Chief
Executive of the Company, with immediate effect. Craig Niven,
currently Chairman of the Company, will assume the role as interim
Chief Executive.
It had always been the intention that Sunny Yu would cease to
act as a director on completion of the fundraising with Hunan
Commodities Trading Centre Company Limited ("HNCX"), further
details of which were announced by the Company on 1 July 2016. The
Company remains in discussions with HNCX and will provide further
updates in due course.
- Ends-
For further information, please contact:
MoneySwap Plc Allenby Capital MoneySwap Plc
Limited
---------------- ------------------ -----------------
Non-Executive Nominated Adviser Financial PR
Chairman
---------------- ------------------ -----------------
Craig Niven Nick Naylor Fiona Fenn Smith
James Reeve
---------------- ------------------ -----------------
+44 7767 497400 +44 20 3328 5656 +44 7712 101922
---------------- ------------------ -----------------
About MoneySwap (www.moneyswap.com)
MoneySwap provides payment solutions and gateways to merchants,
which allow both online and point of sale transactions to be
settled using UnionPay cards in the UK. In addition, UnionPay has
licensed MoneySwap for its MoneyExpress service, which enables
overseas persons to send funds directly to UnionPay cardholders in
China. The Company also offers an online peer-to-peer platform for
currency exchange and payments. The Company's shares are traded on
the London Stock Exchange's AIM market (AIM: SWAP). More
information can be found at www.moneyswap.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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