Bartercard PLC
Bartercard PLC: Sale of licence for Greece
Corporate news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Bartercard Plc
(“Bartercard” or “the Company”)
Sale of licence for Greece
Bartercard has sold the licence for Greece. The licence was sold for
€550,000 cash to a partnership including a Bartercard member from
Australia.
Bartercard already has licences operating in Cyprus and Turkey, nearby.
Training for the foundation management team for this new licence and
commencement of operations is expected within the next 6 months.
Wayne Sharpe, Chairman of Bartercard, commented:
“This brings the total licence sales since 31 March to almost US£2.4m,
which is an increase of almost 150% on the last financial year (US$1M).
Since March, licences have been sold in Saudi Arabia, Syria and Ireland.”
28 July 2006
Enquiries
Bartercard plc
Wayne Sharpe, Executive Chairman 07909 975488
College Hill 020 7457 2020
Richard Pearson
Roddy Watt
(c)DGAP 28.07.2006
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