Novatti Group Plans to File for Initial Public Offering on ASX
July 3rd, 2015
MELBOURNE, Victoria, Australia, July 3, 2015 – Novatti Group, a technology and services provider, today announced that it plans to conduct a registered initial public offering on the Australian Securities Exchange (ASX). The prospectus filing is expected to commence in September.
CEO Peter Cook believes the timing and funds will enable Novatti Group to accelerate international growth and the expansion of its core technology. “Our long history as a disruptor in the payments industry has geared us as a significant player in a growing market, and we are confident of delivering long-term returns to future shareholders,” he said.
Novatti is a global software technology and systems integration provider, committed to delivering innovative payments since 1996. With an emphasis on the development and delivery of high volume, mission critical systems, these reliable and efficient products include Consumer Digital Wallet, Electronic Top Up, Mobile Money, Bill Payment, Remittance Services and Electronic Voucher Distribution.
This press release shall not constitute an offer to sell or the promise of an offer to be made, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification.