Report

Flash note: Visa Europe reducing stake

Visa Europe (VE) has notified Monitise that it intends to reduce its 5.3%
stake in the company over time. VE and Monitise will continue to work
together until March 2016, and will assess opportunities to work together
on an ongoing basis. If the relationship continues after that date, we would
expect a shift from the customised platform approach to Monitise’s new
cloud platform. We make no changes to our estimates.
Underlying
Monitise PLC

Provider
Edison Investment Research
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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