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News Centre Holdings in Company

26 January 2016

MoneySwap Plc

("MoneySwap" or the “Company”)

 

Holdings in Company

 

MoneySwap (AIM: SWAP), the provider of payment solutions to online and point of sale merchants licenced for UnionPay in the UK and the provider for UnionPay MoneyExpress service enabling overseas persons to send funds directly to UnionPay cardholders in China, announces that it has been notified by certain shareholders of a change in their notifiable shareholdings.

 

Ton Yuan Enterprise Limited, previously holding 17.21% of issued share capital of the Company, has transferred 53,752,125 shares to LLV Company Limited. Following the transfer, Ton Yuan Enterprise Limited's holding in the Company is now 152,403,370 shares, representing 12.72% of the issued share capital of the Company.

 

In addition, Prospect Trading Co., Ltd., previously holding 14.50% of issued share capital of the Company, has transferred 173,731,363 shares in MoneySwap to LLV Company Limited. Following this transfer, Prospect Trading Co., Ltd. does not hold any shares in the Company.

 

Following these share transfers, LLV Company Limited now holds 227,483,488 shares in the Company, representing 18.99% of the issued share capital of the Company. LLV is jointly owned by Mr. Lin Wen-Li and his wife Ms. Lee Yu-Shan. Mr. Lin Wen-Li also owns 16.85% of Broad Rivers International Limited, which owns 24.00% of the issued share capital of the Company. Mr. Lin and Ms. Lee hold a beneficial interest in 13.54% and 9.50% of issued share capital of the Company respectively.

 

- Ends-

 

For further information, please contact:

 

MoneySwap Plc

Allenby Capital Limited

MoneySwap Plc

Non-Executive Chairman

Nominated Adviser

Financial PR

Craig Niven

 

Nick Naylor

James Reeve

Fiona Fenn Smith

 

+44 7767 497400

+44 20 3328 5656

+44 7712 101922

 

About MoneySwap (www.moneyswap.com)

MoneySwap provides payment solutions and gateways to merchants which allow both online and point of sale transactions to be settled using UnionPay cards in the UK. In addition, UnionPay has licensed MoneySwap for its MoneyExpress service which enables overseas persons to send funds directly to UnionPay cardholders in China. The Company also offers an online peer to peer platform for currency exchange and payments. The Company’s shares are traded on the London Stock Exchange’s AIM market (AIM: SWAP). More information can be found at www.moneyswap.com.