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News Centre Director resignation

 30 August 2016

MoneySwap plc

(“MoneySwap” or the “Company”)


Director resignation


MoneySwap announces that Sunny Yu has today resigned as Chief Executive of the Company, with immediate effect. Craig Niven, currently Chairman of the Company, will assume the role as interim Chief Executive.


It had always been the intention that Sunny Yu would cease to act as a director on completion of the fundraising with Hunan Commodities Trading Centre Company Limited ("HNCX"), further details of which were announced by the Company on 1 July 2016. The Company remains in discussions with HNCX and will provide further updates in due course.



- 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 (

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