EML Payments Ltd.ASX: EML

EML Payments acquires Perfectcard DAC for 6.0 million euros

· Issued by EML Payments Ltd.

Filed with ASX · · 11 pages · English

• Effective 4 July 2018, EML Limited (ASX: EML) acquired 74.86% of Perfectcard DAC (Perfectcard), Ireland’s first authorised eMoney institution and a FinTech company providing incentive and corporate expense solutions. • Total maximum acquisition price of €6,023,841 (A$9,561,652), comprises: o Upfront cash payment of €2,722,743 (A$4,321,814) paid on close from EML’s existing cash balances. o €250,

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