January 22, 2019 10:46 PM ET

IT Services

Company Overview of Earthport plc

Company Overview

Earthport Plc, a financial services company, provides payment services in the United Kingdom, rest of Europe, North America, and internationally. The company operates through two segments, Transactional and Professional Services. It offers cross-border payment services through the combination of a network of segregated bank accounts in various geographies; software that mirrors the movements of funds from bank to bank; and the knowledge base embedded in the platform and the organization related to each of the countries. The company provides its services to banks and financial institutions, aggregators, money service businesses, and FX houses. Earthport Plc was incorporated in 1997 and is hea...

140 Aldersgate Street

London,  EC1A 4HY

United Kingdom

Founded in 1997

197 Employees

Phone:

44 20 7220 9700

Key Executives for Earthport plc

Earthport plc does not have any Key Executives recorded.

Earthport plc Key Developments

Earthport To Apply For Cancellation Of The Admission To Trading Of Shares On AIM

The boards of Visa International Service Association (Bidco) and Earthport PLC announced that they have reached agreement on the terms of a recommended all cash offer for the entire issued and to be issued ordinary share capital of Earthport by Bidco, a wholly-owned direct subsidiary of Visa. It is intended that dealings in Earthport Shares will be suspended at 5.00 p.m. London time on the business day prior to the Effective Date. It is further intended that an application will be made to the London Stock Exchange for the cancellation of the admission to trading of Earthport Shares on AIM, with effect as of or shortly after the Effective Date. It is also intended that, following the Effective Date and after its shares are delisted, Earthport will be re-registered as a private limited company.

Earthport plc, Annual General Meeting, Dec 27, 2018

Earthport plc, Annual General Meeting, Dec 27, 2018. Location: offices of Bird & Bird LLP, 12 New Fetter Lane, London United Kingdom

Earthport plc Announces Audited Consolidated Earnings Results for the Year Ended June 30, 2018

Earthport plc announced audited consolidated earnings results for the year ended June 30, 2018. For the year, the company reported revenue of £31,857,000 against £30,305,000 a year ago. Operating loss was £8,451,000 against £10,315,000 a year ago. Loss before taxation was £8,418,000 against £10,176,000 a year ago. Loss for the period and total comprehensive income attributable to owners of the parent was £8,378,000 or 1.45 pence basic and diluted per share against £9,420,000 or 1.96 pence basic and diluted per share a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 27, 2018
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