Press ReleaseNETELLER Completes Sale of Calgary Property
Thursday, 10 July 2008 – NETELLER Plc (LSE: NLR), the leading independent, global provider of online payments, provides the following update on the sale of its Calgary property.
The Group is pleased to announce that the sale of its principal property in Calgary completed as anticipated earlier today. The Group has today received the balance of proceeds due bringing the total consideration from the sale of the property to C$ 33.5 million (US$ 33.1 million).
The Group’s next formal communication will be the announcement of the Group’s interim results for the six months ended 30 June 2008 which will be released on Wednesday 3 September 2008.
About NEOVIA Financial Plc
Trusted by consumers and merchants in over 160 countries to move and manage billions of dollars each year, NEOVIA Financial Plc (formerly NETELLER Plc) operates the world's leading independent online payments business. Through its Payment Suite, featuring NETELLER®, NETBANX®, Net+™ and 1-PAY™ brands, NEOVIA specialises in providing innovative and instant payment services where money transfer is difficult or risky due to identity, trust, currency exchange, or distance. Being independent has allowed NEOVIA to support thousands of retailers and merchants in many geographies and across multiple industries.
Subsidiary company NETELLER (UK) Limited is authorised by the Financial Services Authority (FSA) to operate as a regulated e-money issuer. For more information about NEOVIA Financial visit www.neovia.com.
NEOVIA Financial Plc recently changed its corporate identify from NETELLER Plc to better reflect the strength and breadth of its individual product brands. At the same time its ticker symbol changed from NLR to NEO.
Media and Investor Contacts
NEOVIA's media relations are managed by McEntegart Marketing. Contact them through the Media Relations Contact page. NEOVIA investor relations are managed by Citigate Dewe Rogerson. Contact them through the Investor Relations Contact page.
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