TIDMRCGH

RNS Number : 0678E

RC365 Holding PLC

28 June 2023

28 June 2023

RC365 Holding Plc

("RC365" or the "Company")

Custodian Deed Agreement

RC365 Holding Plc ("RC365"), a company focusing on payment gateway solutions and IT support, is pleased to announce that on the 27 June 2023 its Hong Kong subsidiary, RCPAY Limited ("RCPAY"), signed a Custodian Deed Agreement ("Agreement") with UniTrust Global Limited ("UTGL") enabling RCPAY to provide Custodian Accounts to its customers in Hong Kong.

RCPAY currently has a licence for operating money services from the customs and excise department in Hong Kong which allows it to provide prepaid cards, remittance and exchange remittance services to its customers. The Directors' believe that the agreement with UTGL will enable RCPAY to attract larger corporate and high net worth clients.

Chi Kit Law (Michael), Executive Director and Chief Executive Officer, said:

"We continue to pride ourselves on continuing to develop innovative products and services to attract new customers. We are particularly excited about the opportunities the agreement with UTGL provides and look forward to updating shareholders on future notable customer wins."

For further information please contact:

 
 RC365 Holding plc                        T: +852 2251 1621 
  Chi Kit LAW, Chief Executive Officer     E: ir@rc365plc.com 
 Guild Financial Advisory Limited -       T: +44 (0)7973 839767 
  Financial Adviser                        E: ross.andrews@guildfin.co.uk 
  R oss Andrews

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END

AGRUBRRRORUNUAR

(END) Dow Jones Newswires

June 28, 2023 02:00 ET (06:00 GMT)

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