April 2 (Reuters) - mPay SA MPAY.WA :
* SIGNS LETTER OF INTENT WITH MTB BANK
* FOLLOWING LETTER OF INTENT, PARTIES ARE PROCEEDING TO
COMMENCE
NEGOTIATIONS ON MTB BANK'S EQUITY PARTICIPATION IN MPAY
* NEGOTIATIONS SHOULD BE CONCLUDED TILL MAY 31
* FOLLOWING NEGOCTATIONS MTB BANK TO ACQUIRE UP TO 9.99% OF
STAKE
IN CAPITAL OF MPAY OR MORE DEPENDING ON THE CONSENT OF NATIONAL
BANK OF UKRAINE
Source text for Workspace: ID:nEM5W2CZza
Further company coverage: MPAY.WA
(Reporting by Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; 48 58 769 66 00;))