Messaging International Plc (“MI” or the “Company”) Proposed disposal of TeleMessage Ltd. and Notice of General Meeting

The Company today announces that it has entered into a conditional sale and purchase agreement whereby certain holders of ordinary shares in MI, including Directors of MI, (the “Consortium”) have agreed to acquire the wholly owned subsidiary of the Company, TeleMessage Ltd. and to assume the Liabilities, on a Company value of £459,317. The Consideration…

Read more