Edison Investment Research - EML Payments (EML) EML Payments - Open sesame

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Edison Investment Research

Richard Williamson

EML Payments - Open sesame

With the planned acquisition of Sentenial Group (SG), EML Payments is entering the open banking market, adding non-card-based payments technology to its portfolio. EML is paying initial consideration of €70m (56% cash, 44% equity) and an earn-out of up to €40m dependent on strong revenue growth of SG’s Nuapay division. The deal is subject to regulatory approval and is expected to close by the end of June.

14/04/2021 1 EN

Underlying

EML Payments

EML Payments is engaged in the exploration for and development of economic deposits of gold and other minerals. Co. operates predominantly in Australia.

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AU000000EML7 Australian Securities Exchange Australia

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Richard Williamson

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EML Payments - Open sesame

EML Payments Limited: 1 director

EML Payments - Back to basics

EML Payments - Growth cap lifted in the UK

Manx Financial Group - Termination of coverage

musicMagpie - Termination of coverage

Topps Tiles - Accelerating growth through Q125

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