AGM Statement
Fonix PLC provided an update ahead of its Annual General Meeting, reporting strong strategic progress and trade in line with management expectations for the financial year. The company has successfully launched and is growing its services in Portugal and is nearing launch in another international market, with new product rollouts underway for key clients in the UK. Fonix also highlighted a robust pipeline of broadcaster opportunities across its target geographies and product areas, reinforcing the Board's confidence in continued growth potential.
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Fonix, the mobile payments and messaging provider, is pleased to provide the following update ahead of the Company's Annual General Meeting ("AGM"), to be held at 9:00a.m. today.
Fonix continues to make strong strategic progress across its target markets and trade in line with management expectations for the financial year. The Company's services are now live and growing in Portugal, and the Company is at an advanced stage with all major mobile networks and a number of media organisations for launch in another international market.
In the UK, the rollout of new products across key clients continues. Fonix also has a strong pipeline of broadcaster opportunities across all its target geographies and product areas. The Board remains confident in the Company's continued growth potential.
596/2014) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
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