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EML Payments Advises on Agreement with NSW Health

14 Jan 2020  |  13:32:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Agreement with NSW Health

EML Payments confirmed its press release made earlier on 14 January 2020 that it has been awarded a 5 + 2 year agreement with NSW Health to be its provider of branded General Purpose Reloadable card programs for employee Salary Packaging. The agreement was mentioned in an article in Australian Financial Review on 14 January 2020, and an earlier version of the press release posted on EML's website this morning was also circulated on a commentator's Twitter feed. EML confirms and clarifies that whilst it considers that the agreement is an acknowledgment of EML's leading position in the Salary Packaging industry, in the context of the PFS transaction announced in November 2019 and EML's payments business: the agreement does not meet ASX Listing Rule requirements for continuous disclosure.

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