PYG paygroup limited
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March 31 (Reuters) - PayGroup Ltd (PYG) : ACQUIRES INTEGRATED...

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    31/03/21
    19:25
    Post #: 52184576

    March 31 (Reuters) - PayGroup Ltd (PYG) :

    • ACQUIRES INTEGRATED WORKFORCE SOLUTIONS-PYG.AX
    • TOTAL TRANSACTION CONSIDERATION OF UP TO $15.3M FOR ACQUISITION
    • ACQUISITION EXPECTED TO MAKE MATERIAL CONTRIBUTION TO CO'S ANNUALISED RECURRING REVENUE
    • GOT BINDING COMMITMENTS TO RAISE ABOUT $15 MILLION AT $0.56 PER SHARE
    • UPGRADES FY21 ARR GUIDANCE TO $21.5M FROM $20.5M
    • UPGRADES FY21 NEW CONTRACTS SIGNED TO $13M FROM OVER $10M
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