iSignthis Ltd (ISX.AX) Cash Receipts - Performance Rights
Australian Securities Exchange and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX:ISX) (FRA:TA8) ("the Company"), the world leading RegTech for identity verification and payment services, is pleased to advise that cash receipts for Half Two (H2) are now in excess of Three Million Seven Hundred and Fifty Dollars ($3,750,000).
Subject to audit, the receipts will satisfy the Milestone A and Milestone B requirements for issue of Class A and Class B Performance Rights under Section 14.2 of the iSignthis Ltd Prospectus dated 22 December 2014.
The Company is not as yet in a position to provide guidance on Milestone C target of Five Million Dollars ($5,000,000) audited revenue target, as End of Financial Year June 2018 invoicing will be the determining factor.
Media: contact@isignthis.com Investor Relations Chris Northwood T: +61-458-809-177 E: cnorthwood@isignthis.works or investors@isignthis.com
News Provided by ABN Newswire