Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

FINDI LIMITED Capital/Financing Update 2012

Oct 7, 2012

64934_rns_2012-10-07_ed49551d-597d-4edb-9926-9e999f4caec7.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

Transaction Solutions International

Limited

==> picture [96 x 54] intentionally omitted <==

==> picture [467 x 4] intentionally omitted <==

8 October 2012

Ms Jill Hewitt Advisor Australian Securities Exchange Level 8 2 The Esplanade PERTH WA 6000

Dear Ms Hewitt,

MEDIA SPECULATION

Transaction Solutions International Limited (" TSI ") as part of its continuous disclosure policy will not normally comment on media speculation.

However, on 5 October 2012 The Economic Times (India) published an article stating that a private equity firm, CX Partners, was close to transacting with TSI to buy a controlling stake in the ATM business conducted by TSI.

In response to this newspaper article and any other market speculation, TSI confirms it is in confidential discussions with CX Partners concerning a possible investment by the private equity firm in the business conducted by TSI. The discussions are incomplete and a transaction may or may not occur. If any binding transaction with CX Partners is entered into, TSI will make an announcement at this point.

TSI confirms that it is in compliance with its continuous disclosure obligations in terms of Listing Rule 3.1.

For further details please contact

Gary Foster Managing Director Phone: (08) 6500 0026

1

ABN 98 057 335 672 24 COLIN STREET, WEST PERTH, WA 6000 TEL: (08) 6500 0026, FAX: (08) 9226 2235