Cardtronics plc (NASDAQ:CATM) Files An 8-K Other Events

ME Staff 8-k
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Cardtronics plc (NASDAQ:CATM) Files An 8-K Other Events
Item 8.01 Other Events.

On December 2, 2016, DirectCash Payments Inc., a corporation organized under the laws of the Province of Alberta (“DCP”), announced that its shareholders had approved the proposed acquisition of DCP by Cardtronics Holdings Limited, a private company incorporated under English law, and a wholly owned subsidiary of Cardtronics plc (the “Company”), to the previously announced Arrangement Agreement dated October 3, 2016 (the “Arrangement”).  The DCP shareholders approved the Arrangement by passing a special resolution in favor of the Arrangement at a special meeting of DCP shareholders held on December 2, 2016.

Subject to the satisfaction or waiver of all conditions precedent to the Arrangement, the Company anticipates completing the Arrangement in January 2017.


About Cardtronics plc (NASDAQ:CATM)

Cardtronics PLC, formerly Cardtronics, Inc., is a provider of automated consumer financial services. The Company provides these services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The Company’s operations consisted of its North America and Europe segments. Its North America segment includes operations in all 50 states, Puerto Rico, Canada and Mexico. Its Europe segment includes its operations in the United Kingdom, Germany and Poland. In the United States, certain of the Company’s devices are multi-function financial services kiosks that, in addition to traditional ATM functions, such as cash dispensing and bank account balance inquiries, perform other consumer financial services, including bill payments, remote deposit capture (which is deposit taking at ATMs using electronic imaging), and money transfers. It also owns and operates the Allpoint network, which is a surcharge-free ATM network within the United States.

Cardtronics plc (NASDAQ:CATM) Recent Trading Information

Cardtronics plc (NASDAQ:CATM) closed its last trading session up +0.35 at 50.59 with 288,123 shares trading hands.