Pushpay in trading halt pending 'material transaction'

Mon, 18 Jun 2018

By Paul McBeth June 18 (BusinessDesk) - Pushpay Holdings, the mobile payments app developer targeting US$100 million of annualised revenue this year, is in a trading halt as it wraps up a "material transaction" it expects to announce tomorrow. The dual-listed shares were halted today ahead of an announcement tomorrow, it said in a statement. The stock last traded at $4.37 on the NZX, down 1.1 percent on the day, and has soared 168 percent over the past 12 months. "Pushpay Holdings Ltd is at an advanced stage of finalising a material tr...

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