Brief: Ease2pay: Expects COVID-19 Virus Outbreak To Have Impact On Its Forecasts

Ease2pay NV

01/04/2020 17:17

April 1 (Reuters) - EASE2PAY NV  EAS2P.AS :
    * COVID-19 UPDATE
    * ON CORONAVIRUS: EASE2PAY HAS SEEN LASTING DECLINE IN THE
NUMBER
OF CAR-RELATED PAYMENT TRANSACTIONS SINCE MID-MARCH
    * ON CORONAVIRUS: WHERE POSSIBLE, APPROPRIATE MEASURES SHALL
ALSO
BE TAKEN TO REDUCE EXPENDITURE
    * ON 18 DEC 2019, SHAREHOLDER THE INTERNET OF CARS V.O.F.
MADE A
CREDIT FACILITY OF €650,000 AVAILABLE TO THE COMPANY, OF WHICH
€188,000 IS UNUSED AS OF 1 APRIL 2020
    * IT IS CURRENTLY NOT POSSIBLE TO ESTIMATE THE IMPACT AND
CONSEQUENCES OF THE COVID-19 VIRUS ON THE COMPANY
    * WHERE POSSIBLE, APPROPRIATE MEASURES ARE ALSO TAKEN TO
REDUCE
EXPENDITURE
    * EASE2PAY EXPECTS CONSEQUENCES OF COVID-19 VIRUS OUTBREAK
TO HAVE
IMPACT ON ITS FORECASTS AND THUS ON WILLINGNESS OF EXTERNAL
PARTIES AND CAPITAL MARKET TO FINANCE COMPANY

Source text for Eikon:  ID:nGNE2cfjnm 
Further company coverage:  EAS2P.AS 

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