I dismissed this company as froth when I first looked at it. Since then the sp has doubled and continues to steadily rise. I looked again and when I saw the countries and contracts this firm is in---I was impressed and bought some to tuck away. anyone else bought in or interested?

Increased and Final Offer
The boards of Fiserv and Monitise are today pleased to announce that they have agreed the terms of an increased and final recommended cash offer for Monitise to be made by Bidco, to be effected by means of a scheme of arrangement under Part 26 of the Companies Act (the "Increased and Final Offer").

Under the terms of the Increased and Final Offer, each Monitise Shareholder will be entitled to receive:

3.1 pence in cash per Monitise Share (the "Increased and Final Offer Price")

The Increased and Final Offer Price values the entire issued and to be issued share capital of Monitise at approximately £75 million and represents a premium of approximately:

· 34.8 per cent. to the Closing Price of 2.30 pence per Monitise Share on 12 June 2017 (being the last Business Day prior to the Initial Offer Announcement);

· 32.8 per cent. to the volume-weighted average Closing Price of 2.34 pence per Monitise Share for the three month period ended 12 June 2017 (being the last Business Day prior to the Initial Offer Announcement); and

· 59.6 per cent. on a cash adjusted basis to the Closing Price of 2.30 pence per Monitise Share on 12 June 2017 (being the last Business Day prior to the Initial Offer Announcement), adjusted for reported 30 June 2017 cash balances of £22.2 million.

The financial terms of the Increased and Final Offer are final and will not be increased, except that Bidco reserves the right to increase the amount of the offered price if there is an announcement on or after the date of this announcement of an offer or possible offer for Monitise by a third party offeror or potential offeror.

NOTICE OF CANCELLATION OF ADMISSION TO TRADING ON AIM

MONITISE PLC

At the request of the company trading on AIM for the under-mentioned securities has been cancelled from 04/09/2017 7:00am.


ORDINARY SHARES OF 1P EACH, FULLY PAID
(B1YMRB8)(GB00B1YMRB82)

If you have any queries or require further information, please contact the company's nominated adviser on +44 20 7523 8000.