This Frenchie was tied to several balloons and started floating up to the ceiling
This Frenchie was tied to several balloons and started floating up to the ceiling
A new e-commerce model create great condition for consumers---- live streaming shopping. In 2020, live streaming shopping industry develop rapidly in China, bringing great economic benefits to China. In the fourth quarter of 2020, the number of live streaming users reached 627 million, accounting for 64.3% of all Internet users, up 2.28% from the third quarter. Moreover, the users of live streaming shopping reached 364 million, accounting for 58.1% of the overall live streaming market. Also, about 710 million people have watched the live streaming shopping, and the total sales has exceeded 760 billion RMB (117.68 billion US$), according to O'Ratings' report.
Doctors and nurses are grappling with the strain of exhaustion and loss. Joy Halliday, consultant in intensive care and acute medicine, is in charge of a high-dependency unit for COVID-19. It is a step down from an intensive care unit (ICU), and severely ill patients there are receiving CPAP oxygen.
There were also wins for the Hawks, Sixers and Warriors.
KMI earnings call for the period ending December 31, 2020.
Your number's up if you don't use your pay-as-you-go phoneThe account and any credit can disappear in as few as 70 days
Rose, Buendia and Iheanacho are making headlines on Thursday.
Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President and CEO: Tatsuo Yasunaga) and Vale S.A. ("Vale") have been engaged in the Moatize coal mine project ("Moatize Project") and the Nacala Corridor rail & port infrastructure project ("Nacala Project") (Moatize Project and Nacala Project collectively referred to as "the Projects"). On January 20, 2021, Mitsui and Vale entered into a Heads of Agreement("HoA") stipulating the main conditions for the transfer of all of Mitsui’s interest in the Projects and associated loans to Vale, the operator of the Projects, for the sum of US$1.00 each.
On January 29th, The Guardian Nigeria will host a webinar in partnership with CS Global Partners on how St Kitts and Nevis' Citizenship by Investment (CBI) Programme can offer wealthy Nigerians a safe and secure route to a second citizenship. Prime Minister Timothy Harris will be joined by Les Khan, CEO of the CBI Unit and Micha Emmett, CEO of CS Global Partners to discuss how the Programme can help investors build a family legacy while broadening business and education opportunities.
CMR Surgical appoints Catherine Moukheibir as Non-Executive Director Cambridge, UK. 21 January 2021 (00:01 GMT). CMR Surgical (CMR), the Company behind the next-generation surgical robotic system Versius®, today announces the appointment of Catherine Moukheibir as Non-Executive Director. Catherine is a highly respected healthcare executive with extensive experience in scaling and corporate governance. Catherine previously worked as a Chairman, Non-Executive Director and CEO in the biotech and pharmaceutical sector, successfully raising private and public capital as well as overseeing several major licencing deals and acquisitions over the last 20 years. Catherine is currently a Non-Executive Director of a number of healthcare companies including Ironwood Pharmaceuticals Inc., Kymab Ltd and Orphazyme A/S. From this experience she will bring to CMR strong financial acumen and significant experience of chairing Audit Committees. She previously served as a Non-Executive Director of Ablynx NV until it was acquired by Sanofi in 2018 for €3.9 billion. She was a member of the executive board of Innate Pharma SA from 2011 to 2016 where she led major licencing deals with BMS and AstraZeneca and was Chief Financial Officer and a member of the executive committee of Movetis NV from 2008 until its acquisition by Shire plc in 2010 for €428 million. The appointment of Catherine as Non-Executive Director follows the appointment of Tony Vernon as Chairman and Bill McComb as Non-Executive Director. Having now completed over 1,000 surgical cases using Versius across India and Europe, CMR plans to further accelerate its global expansion plans in 2021, driven by a strong leadership team, and Board. Tony Vernon, Chairman of CMR Surgical, said: “Catherine’s appointment further builds on the recent strengthening of CMR’s Board as we continue with the global rollout of Versius. Catherine is a seasoned healthcare professional with a rich and diverse background and shares our passion for delivering outstanding surgical care. We look forward to having Catherine’s expertise to help deliver our strategy.” Catherine Moukheibir, Non-Executive Director of CMR Surgical, said: “Versius is a remarkable innovation in the surgical robotics market, standing out as the leading choice for hospitals. As global demand continues to grow rapidly, I truly believe CMR is well positioned to build further on its current trajectory and fulfil its unquestioned potential as a market leader. I look forward to the opportunity to contribute to such an exciting growth story.” — ENDS — Media Contacts: If you wish to see more, please contact CMR Surgical at: Press Office, CMR SurgicalT +44(0) 1223 755801E firstname.lastname@example.org Mary-Jane Elliott / Angela Gray / Lindsey NevilleConsilium Strategic Communications T +44 (0)20 3709 5700E email@example.com Notes to editors: The Versius® Surgical Robotic System Versius® resets expectations of robotic surgery. Versius fits into virtually any operating room set-up and integrates seamlessly into existing workflows, increasing the likelihood of robotic minimal access surgery (MAS). The portable and modular design of Versius allows the surgeon to only use the number of arms needed for a given procedure. Biomimicking the human arm, Versius gives surgeons the choice of optimised port placement alongside the dexterity and accuracy of small fully-wristed instruments. With 3D HD vision, easy-to adopt instrument control and a choice of ergonomic working positions, the open surgeon console has the potential to reduce stress and fatigue and allows for clear communication with the surgical team. By thinking laparoscopically and operating robotically with Versius, patients, surgeons and healthcare professionals can all benefit from the value that robotic MAS brings. About CMR Surgical Limited CMR Surgical (CMR) is a global medical devices company dedicated to transforming surgery with Versius®, a next-generation surgical robot. Headquartered in Cambridge, United Kingdom, CMR is committed to working with surgeons, surgical teams and hospital partners, to provide an optimal tool to make robotic minimal access surgery universally accessible and affordable. With Versius, we are on a mission to redefine the surgical robotics market with practical, innovative technology and data that can improve surgical care. Founded in 2014, CMR Surgical is a private limited company backed by an international shareholder base.
EG, a market-leading supplier of data, news and analytics products and services for the commercial real estate market, has announced the findings of its latest EG Propertylink Occupier Sentiment Report 'Bucking the trend: How 2020 could predict behaviour in 2021'.
TechnipFMC plc (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) (the "Company" or "TechnipFMC") today announced that it will host a Capital Markets Day dedicated to Technip Energies B.V. ("Technip Energies") in connection with the Company’s previously announced plan to separate into two industry-leading independent, publicly traded companies: TechnipFMC and Technip Energies. The transaction is expected to be structured as a spin-off of a majority stake in TechnipFMC’s Technip Energies business segment.
Backbase, the Engagement Banking platform provider, today announced the opening of its Global Development Center (BDC) in Hyderabad, India. As Backbase's second BDC worldwide, the facility's infrastructure and access to talent as well as its partner ecosystem, will enable Backbase to better deliver end-to-end services for mobile and web development on the Backbase Engagement Banking Platform, with the goal of helping banks around the globe grow and scale.
VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) -- VALOREM RESOURCES INC. (the “Company” or “Valorem”) (CSE: VALU) (Frankfurt: 1XW1) is pleased to announce that it has planned a systematic exploration program to maximize the utilization of existing exploration-trench and other data for the Wings Shear project (the “Property”). This, coupled with new work, will enable Valorem to fill in gaps and quickly evaluate anomalies and structures to generate drill targets. The Company will use a combination of soil sampling and magnetic/VLF-EM geophysical surveys, on detailed grids over known anomalous areas and along gold-bearing structures. Collection of up to 5,000 soil samples over previously untested zones, and 90 line km of magnetics/VLF-EM, will be carried out over the 1 km long gold-bearing structural zone located on the Wings Shear Trend. The results of the surveys, along with geological mapping, will be used to plan for the first-phase drill program, which is currently scheduled to begin in the late summer/early fall of 2021. Valorem has engaged local service provider Planet X Exploration Services Ltd. (“Planet X”), as an operator on Property. A regional geochemical soil-sampling survey design has also been completed by Planet X and consulting Geoscientist Dr. Steve Amor Ph.D. P. Geo. The Company plans to begin field work over the winter months, as weather and suitable working conditions permit. The Property is underlain to the NW and SE by the Jonathan’s Pond Formation, comprising interbedded psammite, semipelite and pelite, with minor mafic sills and dykes and calc-silcate layers. The central area of the Property is underlain by the Indian Bay Big Pond Formation, comprising medium to thick bedded, buff, grey and maroon sandstone; thinly bedded maroon and green siltstone and black pelite and tuffaceous semipelite. Numerous fossiliferous and conglomeratic boulders occur nearby and are interpreted to be derived from this unit. Regional deformation, leading to abundant quartz-vein emplacement and the development of local shear zones, makes the Jonathan’s Pond Formation an attractive target for structurally controlled, vein-hosted gold mineralization. At the Wing Pond showings, located in the centre of the property, gold mineralization is hosted by sulphide- (arsenopyrite, pyrite, stibnite ± galena ± sphalerite) bearing quartz veins cutting metasediments. Tony Louie, interim CEO of the Company stated, “We are excited to begin the process of moving the Property forward with this proposed program. The Wings Shear trend is an exciting untested mineralized zone. This deep-seated gold-bearing structure has been traced for over 1 km and is located approximately 27 km east of the Newfound Gold Inc.’s Queensway Project.” Dr. Stephen Amor, PhD, PGeo, technical advisor and consulting Geoscientist to the Company, is the Qualified Person as defined by National Instrument 43-101 who has reviewed and approved the technical data in this news release About Valorem Resources Inc. Valorem explores and develops precious metal properties in the Americas. For further details and maps, please see:https://valoremresources.com/ ON BEHALF OF THE BOARD - Valorem Resources Inc. Tony Louie, Interim CEO and DirectorEmail: firstname.lastname@example.orgPhone: 604-319-8712 This news release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. For more information on the Company and the risks and challenges of its business, investors should review the Company's annual filings which are available at www.sedar.com.
The Credit Management Software will register an incremental spend of about USD 0.54 billion, growing at a CAGR of 5.26% from 2020-2024
Kinnevik AB (publ) ("Kinnevik") will publish financial results for the fourth quarter and full-year 2020 on Thursday 4 February 2021 at around 08.00 CET. A conference call will be held on the same day at 10.00 CET to present the results. The presentation will be held in English and also be made available via audiocast on Kinnevik’s website, www.kinnevik.com. Link to the audiocast: https://edge.media-server.com/mmc/p/a97or8rx Those who wish to participate in the conference call are welcome to dial-in on the below numbers. To ensure that you are connected to the conference call, please dial in and register your attendance a few minutes before the conference call begins. Dial-in numbers: UK: +44 3333 000 804 SE: +46 8 566 426 51 US: +1 631 913 1422 Confirmation code: 69100644# For further information, visit www.kinnevik.com or contact: Torun Litzén, Director Investor Relations Phone +46 (0)70 762 00 50 Email email@example.com Kinnevik is an industry focused investment company with an entrepreneurial spirit. Our purpose is to make people’s lives better by providing more and better choice. In partnership with talented founders and management teams we build challenger businesses that use disruptive technology to address material, everyday consumer needs. As active owners, we believe in delivering both shareholder and social value by building long-term sustainable businesses that contribute positively to society. We invest in Europe, with a focus on the Nordics, the US, and selectively in other markets. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik’s shares are listed on Nasdaq Stockholm’s list for large cap companies under the ticker codes KINV A and KINV B. Attachment Press release
HUHTAMÄKI OYJ PRESS RELEASE 21.1.2021 AT 09:00 Huhtamaki invests in new state-of-the-art manufacturing unit in Malaysia Huhtamaki, a key global provider of sustainable packaging solutions for consumers around the world, is investing in a new manufacturing site in Malaysia. In order to better serve its customers and respond to future growth of the sector in Southeast Asia, the company is transferring its Malaysian manufacturing base from Penang to Port Klang, Selangor State, the capital region of Malaysia. The new site is expected to be fully operational by the end of the second quarter of 2021. “By investing in a world-class facility in Malaysia we are creating a platform for future growth in Southeast Asia. The new site is strategically located, it is close to our key customers and has easy access to neighboring countries. We will also use the relocation as an opportunity to modernize our equipment and increase automation to improve efficiency. Our initial focus will be on manufacturing paper cups, as in the existing facility, but the new site will also allow us to expand the product range and introduce new sustainable paper-based technologies as we grow, fully leveraging our global packaging expertise,” says Eric Le Lay, President, Fiber Foodservice EAO. The total investment including improvements in infrastructure, and machinery investments and installations, is approximately EUR 10 million. The majority of the investment will take place in the first half of 2021. Huhtamaki’s current employees in Malaysia, app. 150 people, will be offered the opportunity to re-locate to the new site. For further information, please contact:Katariina Hietaranta, Head of Media Relations, tel. +358 10 686 7863 HUHTAMÄKI OYJ Global Communications About Huhtamaki Huhtamaki is a key global provider of sustainable packaging solutions for consumers around the world, enabling wellbeing and convenience. Our innovative products protect on-the-go and on-the-shelf food and beverages, ensuring hygiene and safety, and help prevent food waste. We embed sustainability in everything we do. We are committed to achieving carbon neutral production and designing all our products to be recyclable, compostable or reusable by 2030. We are a participant in the UN Global Compact and as of 2020, we received an MSCI ESG Rating of A, on a scale of AAA ─ CCC. To play our part in managing climate change, we have committed to set science-based targets through the Science Based Targets initiative. Huhtamaki has been awarded the Silver medal by EcoVadis for performance in sustainability. With 100 years of history and a strong Nordic heritage we operate in 36 countries and 81 sites around the world. Our values Care Dare Deliver guide our decisions and help our team of 18,600 employees make a difference where it matters. Our 2019 net sales totaled EUR 3.4 billion. Huhtamaki Group is headquartered in Espoo, Finland and our parent company, Huhtamäki Oyj, is listed on Nasdaq Helsinki Ltd. Find out more about how we are protecting food, people and the planet on www.huhtamaki.com.
Press Release 21 January 2021 Immunicum AB (publ) Announces Transitions in Board of Directors Immunicum AB (publ: IMMU.ST) today announced that Michael Oredsson has decided to resign his position as chairman and member of Immunicum’s Board of Directors, effective as of the Extraordinary General Meeting (EGM) that will be held tomorrow on January 22, 2021. The Board has agreed to appoint Christine Lind, currently serving as board member, as interim chairman until the next Annual General Meeting (AGM), to be held on May 4, 2021. “I have been part of Immunicum’s development since 2018 and have been very encouraged by the clinical progress and achievements over the past years,” commented Michael Oredsson. “For the next stage of Immunicum’s transformation, it is an appropriate time to hand over the chairman role and I am confident that the Company can benefit from the wealth of experience that Christine has in guiding strategy and bringing together expertise to build value in biopharmaceutical companies.” “On behalf of the entire board, I would like to thank Michael for his tireless support and significant contributions to Immunicum over the past years,” said Christine Lind. “His dedication to ensuring that Immunicum’s programs continue to move toward commercialization and reach patients has been essential for the advancement of the company. With the combined strengths following the recent business combination and both ilixadencel and DCP-001 in clinical development, I am excited about Immunicum’s potential to bring future treatments to patients. I am honored to work with my fellow board members and Immunicum’s executive team to build Immunicum’s position as a leader in cell-based therapies.” At the EGM, as previously announced, it is proposed is to elect Dharminder Chahal and Andrea van Elsas, Ph.D., as new members of the Board of Directors. If the vote at the EGM is in favor of these elections, the board will be composed of Christine Lind as interim chairman, and Sven Andreasson, Dharminder Chahal, Charlotte Edenius M.D., Ph.D., Andrea van Elsas Ph.D., Steven Glazer M.D., and Helén Tuvesson Ph.D., as members for the period until the AGM. The information is such information that Immunicum is obliged to make public pursuant to EU Market Abuse Regulation. The information was released for public disclosure through the contact persons detailed below on 21 January 2021, at 08:00 am CET. For more information, please contact: Michael Oredsson and Christine LindTelephone: +46 8 732 8400E-mail: firstname.lastname@example.org About Immunicum AB (publ) Immunicum is leveraging its unparalleled expertise in dendritic cell biology to develop novel, off-the-shelf, cell-based therapies for solid and blood-borne tumors. With complementary therapeutic approaches in Phase II clinical development that are based on intratumoral priming and cancer relapse vaccination, the company aims to improve survival outcomes and quality of life for a broad population of cancer patients. Based in Sweden and the Netherlands, Immunicum is publicly traded on the Nasdaq Stockholm. www.immunicum.com Attachment 20210121_Immunicum BoD Announcement_ENG_FINAL
Oxford Technology VCT PLC ("OT1" or the "Company") Director Dealings Oxford Technology VCT PLC (LSE: OXT) announces that it has been notified that on 19 January 2021 Alex Starling, Director of the Company, purchased 5,500 ordinary shares of 10p each in the Company ("Ordinary Shares") at a price of 36p per Ordinary Share for his Self-Invested Pension Plan (SIPP). Following the transaction, Alex is beneficially interested in 12,249 Ordinary Shares (all held in his SIPP), representing 0.23 per cent. of the Company's issued share capital. For further information please contact Lucius Cary (email@example.com) 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Alex Starling 2 Reason for the notification a) Position/status DIRECTOR b) Initial notification /Amendment INITIAL NOTIFICATION 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Oxford Technology VCT Plc b) LEI 213800HI61VDMTDOAX43 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Identification code Ordinary Shares GB0006640204 b) Nature of the transaction PURCHASE c) Price(s) and volume(s) 5,500 Ordinary Shares 36p per Ordinary Share d) Aggregated information - Aggregated volume - Price 5,500 Ordinary shares 36p per Ordinary share e) Date of the transaction 19/1/2021 f) Place of the transaction LONDON STOCK EXCHANGE, MAIN MARKET (XLON)
PayPoint plcTrading update for the three months ended 31 December 20201 21 January 2021 HIGHLIGHTS Continued step change in strategic delivery Tangible progress in driving forward incremental growth opportunities in client and retail services – new business sector wins in digital payments, major client renewals with diversification to digital services and enhancing our retailer proposition to increase footfall, revenue opportunities and engagement with our retailer partnersIntegration planning on track for Handepay/Merchant Rentals, with the acquisition expected to complete in early 2021 (subject to regulatory approval)Successful completion of i-movo acquisition at the end of November 2020, enhancing our EPOS and terminal services proposition and creating new opportunities with Newspaper, Government, FMCG, Utilities and banking clientsDisposal of Romanian business on track for end of March at significant profit, underpinning UK-focused strategy Robust performance in line with expectations Underlying group net revenue from continuing operations2 decreased by £3.0 million (10.8%) to £24.5 million (2020: £27.5 million), which included the cessation of the British Gas contract (£1.7 million)UK retail services net revenue decreased by 1.4% to £10.6 million, with increases in card payment transactions and service fees from PayPoint One offset by the £0.4 million impact of compensation paid to retail partners following a card services outage on 14 November 2020 and reduced ATM volumesStrong card payment volumes maintained, growing significantly by 46.2% year on year to 49.7 million transactionsUK parcels transactions increased by 6.6%, delivering a resilient performance despite Covid-19 restrictionsUK retail network increased to 27,758 sites (31 March 2020: 26,829), with minimal impact from ongoing Covid-19 restrictionsUK bill payments net revenue decreased by 33.5% to £9.5 million. Excluding the British Gas impact, net revenue decreased by 24.3% and transactions decreased by 23.5%, primarily due to consumers making fewer, larger payments during the Covid-19 periodContinued digital payments growth, with eMoney transactions increasing by 25.8% and net revenue by 22.2% Strongly positioned to leverage structural trends accelerated by Covid-19 PayPoint is well placed to take advantage of the continued shift from cash to digital payments, the growing demand for online shopping fulfilment and the increase in shopping localDigital payments continue to grow strongly, with good demand from local authorities for our Cash Out service, particularly supporting them with the distribution of school meal vouchers and Covid-19 related hardship fundsEnhancement of our send proposition via the Collect+ website is progressing well with a pilot scheduled for Q4, building on the investment in Zebra thermal printers earlier in the year which is already yielding an improved customer experienceDuring the current lockdown in January 2021, over three quarters of our field sales team have been refocused to engage with our PayPoint One retailer partners, delivering training and support to maximise the value of the technology in their stores, helping them run their businesses more efficiently and understand sales trends from increased footfall as customers continue to shop local during the restrictions Nick Wiles, Chief Executive of PayPoint plc, said: “During the quarter, we have continued to renew and win client business across multiple sectors and made progress with a number of our initiatives to enhance our retailer proposition to increase footfall, revenue opportunities and engagement with our retailer partners. The business continues to show strong resilience and adaptability, delivering a robust performance, in line with expectations, despite increased restrictions in response to Covid-19. We have refocused our field team to work with our retailer partners to help them maximise the value of the PayPoint technology in their stores, enabling them to continue to provide essential services to their local community as well as helping them run their businesses more efficiently and understand sales trends from increased footfall as customers continue to shop local. Strategically, we continue to accelerate our delivery as we identify new opportunities for growth in our core UK market, both through internal investment and the integration planning of i-movo and Handepay/Merchant Rentals. I am confident the steps we have taken during this year have strengthened the business and its prospects for the future. As we enter the final quarter, our underlying trading performance is at the higher end of our expectations for the year as a whole.” PROGRESS AGAINST OUR STRATEGIC PRIORITIES PRIORITY 1: EMBED PAYPOINT AT THE HEART OF CONVENIENCE RETAIL PayPoint continues to provide technology, payment services, increased footfall and basket spend to our retailer partners. Our UK network of more than 27,700 stores is bigger than all banks, supermarkets and Post Offices together, putting us at the heart of communities nationwide and comprising the best multiple, symbol and independent retailers in the UK. Our superior network means 99.5% of the urban population live within one mile of a PayPoint retailer partner and 98.3% of the rural population live within five miles. Our network is enabled with cutting-edge technology designed to create a platform for growth and provide retailer partners with everything a modern convenience store needs. Core to this priority is PayPoint One, which includes EPoS and bill payment functionality, and other products such as card payments and ATMs. PayPoint One: PayPoint One sites increased by 1,089 to 17,187 since 31 March 2020, including 284 fewer Covid-19 suspended sitesService fee net revenue increased by 6.3% to £3.7 million (2020: £3.5 million) driven by the roll out of PayPoint One to additional sites and an increase in Core and Pro sitesThe PayPoint One average weekly service fee per site increased by £0.66 to £16.04 since 31 March 2020, benefiting from the increase in Core and Pro sites which are charged at a higher rate. EPoS Pro and Core sites increased by 481 and 834 respectively since 31 March 2020, mainly due to new sales, the EPoS Try Before You Buy trial and Covid-19 suspended sites returningOpening up new revenue streams from PayPoint One progressing well – targeting Q4 launch for FMCG proposition offering new engagement channels for their customers and driving conversion and footfall for our retailer partners, using sales data insights, retailer rewards/engagement and digital vouchering. Digital advertising screen pilot has been expanded to gain further insights and customer feedbackFurther customer experience improvements introduced for our retailer partners, including Qualtrics monitoring tool to track retailer satisfaction following a field sales visit and enable us to drive ongoing improvements in our retailer interactionsStore to door pilot in development, creating an open platform for delivery partners to fulfil customer orders with home delivery Card payment: Card payment transactions grew significantly by 46.2% to 49.7 million and net revenue increased by £0.4m million to £2.5 million (2020: £2.1 million), benefiting from the increase in convenience store sales and the preference of stores to take payment by card. The net revenue includes the £0.4 million impact of compensation paid to retail partners following a card services outage on 14 November 2020Card payment services were live in 9,691 sites at 31 December 2020, an increase of 256 sites since 31 March 2020, mainly due to new sales and Covid-19 suspended sites returning. The average transaction value for the quarter increased to £12.41 (2020: £11.91), driven by the increase in contactless limit to £45 in 2020 along with the increasing average basket size in the convenience sectorUse of our card payments net settlement functionality continues to grow and is now active in 1,344 sites, an increase of 236% since 31 March 2020Continued focus on driving card attachment and Q4 campaign planned to re-engage with our non-card retail partners ATM: ATM services were live in 3,684 sites at 31 December 2020, an increase of 64 sites since 31 March 2020, with Covid-19 suspended sites decreasing by 175. However, 108 sites continued to remain suspended as at 31 December 2020, particularly in non-convenience store locations unable to re-open due to ongoing government restrictionsATM net revenue decreased by 15.4% to £2.5 million (2020: £3.0 million) due to a 23.1% reduction in transactions, mainly due to the continuing trend of reduced demand for cash across the economyGood progress on our banking proposition, offering cash withdrawals and deposits over the counter. The LINK Counter Service trial, commenced in October 2020, providing cash withdrawals over the counter in communities with limited access to cash, has been well received by industry, Government bodies and consumers. In 10 weeks across 14 locations, c.4,700 withdrawals have been made with £140k dispensed PRIORITY 2: PAYPOINT BECOMES THE DEFINITIVE PARCEL POINT SOLUTION PayPoint’s extensive parcel pick-up and drop-off network, which comprises over 10,300 sites, provides a solution for carriers and a footfall driver for retailer partners, including Amazon, eBay, DPD, DHL, Fedex and Yodel. Delivering high levels of consumer satisfaction, our offering enables our carrier partners to improve service levels for their consumers in the crucial ‘last mile’ of deliveries, balancing the continued growth in online retail shopping with the realities of operating in a competitive low-margin market. Parcel services were live in 10,370 sites at 31 December 2020, an increase of 3,332 sites since 31 March 2020 due to increasing sites for newer parcel partners and Covid-19 suspended sites returningParcels transactions increased by 6.6% versus the same period last year, delivering a resilient performance despite Covid-19 restrictionsInvestment in Zebra thermal printers yielded improved customer experience and transaction growth – 32% of returns (414k transactions) were printed in store in December 2020 (December 2019: 4%) with 42% of those transactions using the new printer technology, highlighting growing popularity and consumer demand for the serviceNet revenue declined by 11.9% year on year, with overall transaction increases diluted by lower margin from our print in store serviceThe new partnership signed with DPD was successfully launched ahead of the peak festive period, with DPD live in 2,449 sites at 31 December 2020. The new service is performing well in terms of both volumes and customer experienceParcels Team has now been fully integrated into the wider Retail Services function, with retailer and carrier partners seeing improved response timesHeads of terms have been signed with HubBox to provide 4,000 sites with initial sites planned to go live in Q4 FY 2021Enhancing our send proposition via Collect+ website, with a pilot scheduled for Q4 FY 2021 PRIORITY 3: SUSTAIN LEADERSHIP IN ‘PAY-AS-YOU-GO’ AND GROW DIGITAL BILL PAYMENTS PayPoint is pioneering new ways of using digital payments so organisations can seamlessly and effectively serve their customers. Our market-leading omnichannel solution – MultiPay – is an integrated solution offering a full suite of digital payments. It enables transactions online and through smartphone apps and text messages, as well as over the counter, over the phone and via interactive voice response (IVR) systems. It also supports a full range of Direct Debit options, including scheduling collections. Over-the-counter payments remain an important part of the UK economy, particularly for the 8 million UK consumers who rely on using cash for payments. We will continue to retain our leadership in this area, through our superior retail network, coverage and service proposition. This business remains highly cash generative and enables us to invest in future growth and innovation Major relationships renewed and expanding to digital services: Major client contract renewal programme progress – 7 further renewals completed, delivering a broader range of services from our MultiPay digital payments portfolioContinued diversification from cash to digital - 16 new clients signed, with 10 coming from non-energy sectors and 13 taking digital payments solutionsKey multiple retailers renewed - McColl’s, Sainsburys and EG Group contract renewals signed, reflecting the strength of our proposition and the ongoing quality and prominence of our network Digital payments growth: Continued strong growth in eMoney, with transactions increasing by 25.8% and a 22.2% increase in net revenue.BBC TV Licensing app was launched, generating strong volumes since launchContinued demand for our Cash Out service due to ongoing Government meal voucher schemes and Covid-19 related hardship funds6 new clients live in the period and a further 4 additional services from our MultiPay digital payments portfolio with existing clients. A further 6 new clients signed in Q3 which will go live between January and February 2021 Overall performance: UK top-ups and eMoney net revenue increased by 5.5%. Top-up transactions reduced by 16.9% due to further declines in the prepaid mobile sector, Covid-19 impacts and the reduced energy price cap which came into effect on 1 October 2020Bill payments net revenue3 decreased by 33.5% on a reported basis, or by 24.3% excluding the £1.7 million comparative period net revenue from British Gas. Excluding British Gas, transactions decreased by 25.3%, primarily due to the impacts of Covid-19, where consumers are making fewer, larger paymentsAs expected, MultiPay net revenue decreased by 15.9%, driven by the anticipated lower volumes from Utilita as they move customers to their in-house solutions PRIORITY 4: BUILDING A DELIVERY FOCUSED ORGANISATION AND CULTURE Underpinning PayPoint’s future success is the continued development and investment in our people, systems and organisation with the aim to create an efficient and high performance based culture with a focus on empowerment, engagement and customer service. Integration planning on track for Handepay/Merchant Rentals acquisition, with initial organisation design complete and synergies identified. The acquisition is expected to complete in early 2021 (subject to regulatory approval)Integration complete for i-movo acquisition, enhancing our EPOS and terminal services proposition and creating new opportunities with Newspaper, Government, FMCG, Utilities and banking clientsAlan Dale was appointed to the Board as Finance Director on 20 November 2020Rosie Shapland was appointed to the Board as an Independent Non-Executive Director and assumed chairmanship of the Audit Committee from 1 December 2020. COVID-19 IMPACTS PayPoint is well placed to take advantage of the trends that have accelerated over the past year due to Covid-19, including the continued shift from cash to digital payments, the growing demand for online shopping fulfilment and the increase in shopping local. Overall trading has remained resilient in the third quarter against the ongoing backdrop of Covid-19, with transaction volumes and sites performing well overall during the national lockdown in November, as shown in the tables below. Digital payments (eMoney) continue to grow strongly and card payments have continued their strong performance with transactions in the third quarter 46.2% above the comparative period, benefitting from the broader consumer shift from cash to card and to more local shopping. Parcel volumes performed well in the quarter, maintaining year-on-year increases and benefiting from the festive peak trading season. The tables below compare the volume of transactions with the comparative periods in the prior year and show the sites returning from temporary suspension due to Covid-19. Service Q1 20/21 vs 19/20% increase/ (decrease)Q2 20/21 vs 19/20% increase/ (decrease)Q3 20/21 vs 19/20% increase/ (decrease)UK bill payment transactions4(25.0%)(18.7%)(25.3%)UK mobile top-up transactions(20.0%)(19.0%)(16.9%)UK eMoney transactions12.4%18.4%25.8%ATM transactions(30.3%)(19.2%)(23.1%)Card payment transactions80.3%57.7%46.2%Parcels transactions(13.0%)7.5%6.6% Sites temporarily suspended due to Covid-19As at 31 March 2020 As at 30 April 2020 As at 30 June 2020 As at 30 September 2020At 31 December 2020UK PayPoint One328368792944UK ATMs28333021226108UK Card payments293230471523UK Parcels208274871836 In the first few weeks of the current national lockdown, announced on 4 January 2021, transactions are broadly performing in line with expectations, although we have seen an early impact to parcel volumes due to the new restrictions. We are focused on building further engagement and momentum with our customers across the different sectors we serve, creating opportunities to drive further retailer partner technology adoption and to introduce new digital payments products and services to our clients. Over three quarters of our field sales team have been refocused to engage our PayPoint One retailer partners, delivering training and support to maximise the value of the PayPoint technology in their stores, helping them run their businesses more efficiently and understand sales trends from increased footfall as customers continue to shop local during the restrictions. In our digital payments business, we have engaged with local authorities for our Cash Out service, particularly supporting them with the distribution of school meal vouchers and Covid-19 related hardship funds, and housing associations and utilities with our Pay By Link product, assisting with debt and arrears payments. OFGEM On 30 September 2020, we announced that we had received a Statement of Objections from Ofgem relating to certain contractual terms with certain energy suppliers and retailers for the provision of over-the-counter (OTC) payment services. We are considering Ofgem’s provisional views set out in the Statement of Objections and will exercise our right to respond to Ofgem in due course. It is therefore too early at this stage to predict an outcome and any potential outflow of funds. OUTLOOK We have continued to see a robust performance in our business, particularly through government restrictions, and overall trading has remained resilient. Card payment and digital payment (MultiPay and eMoney) volumes are performing in line with our expectations and are expected to carry on performing strongly, offsetting reductions in bill payment, top-up and ATM volumes driven by structural changes to consumer behavior and Covid-19. We continue to expect any periods of colder weather in the last quarter to have a positive impact on energy transactions compared to last year. Our outlook for the year ending 31 March 2021 is underpinned by our actions to manage costs, apply a tight operational focus and maximise new business opportunities, whilst also factoring in any one-off costs related to the acceleration of our strategy and acquisition activity. Despite continuing government restrictions, we remain confident that we have taken the necessary steps and learnings from previous lockdowns to ensure the continued resilience and performance of the business through this developing situation. As we enter the final quarter, our underlying trading performance is at the higher end of our expectations for the year as a whole. DISCONTINUED OPERATIONS (ROMANIA) On 21 October 2020, PayPoint announced the disposal of its Romanian business to Innova Capital. The transaction is expected to complete at the end of March 2021, subject to regulatory approvalsResilience in transactions during Covid-19, with transactions of 28.2 million, a decrease of 3.3% on last year. The overall number of sites increased marginally to 19,343 (31 March 2020: 19,257)Net revenue increased by 6.3% through margin improvement BALANCE SHEET AS AT 31 DECEMBER 2020 The Group had net corporate debt of £5.9 million (31 March 2020: £12.0 million) reflecting cash balances of £9.1 million (31 March 2020: £58.0 million), less borrowings of £15.0 million (31 March 2020: £70.0 million) from the revolving credit facility. DIVIDEND The Board previously declared an interim dividend of 15.6 pence per share. The first instalment of the interim ordinary dividend of 7.8 pence per share was paid on 29 December 2020. The second instalment of the same amount will be paid on 8 March 2021. Enquiries PayPoint plc Finsbury Nick Wiles, Chief Executive (Mobile: 07768636801) Rollo HeadAlan Dale, Finance Director (Mobile: 07778043962) Nidaa Lone (Telephone: 0207 251 3801) (Email: Paypoint@finsbury.com) ABOUT PAYPOINT In thousands of retail locations, at home and on the move, we make life more convenient for everyone. For retailers, we offer innovative and time-saving technology that empowers convenience retailers in the UK and Romania to achieve higher footfall and increased spend so they can grow their businesses profitably. Our innovative retail services platform, PayPoint One, is now live in over 17,000 stores in the UK and offers everything a modern convenience store needs, from parcels and contactless card payments to EPoS and bill payment services. Our technology helps retailers to serve customers quickly, improve business efficiency and stay connected to their stores from anywhere. We help millions of people to control their household finances, make essential payments and access in-store services like cash withdrawals, eMoney, parcel collections and drop-offs. Our UK network of more than 27,700 stores is bigger than all banks, supermarkets and Post Offices together, putting us at the heart of communities nationwide. For clients of all sizes we provide market-leading payments technologies without the need for capital investment. Our seamlessly integrated omnichannel solution – MultiPay is a one-stop shop for digital and other customer payments. PayPoint helps a wide range of consumer service organisations save time and money while making it easier for their customers to pay – via any channel and on any device. 1 PayPoint’s auditors have not been requested to review the performance 2 Comparative information has been restated for the discontinued operation 3 Comparative information has been restated for the discontinued operation. 4 Excludes the impact of British Gas contract not being renewed. Attachment Trading update Q3 2020 21 - Final