Release of Shares from Voluntary Escrow
Released
Released
Announcement PDF
ASX Release
13 September 2024
Release of Shares from Voluntary Escrow
Spenda Limited (ASX:SPX, “the Company”), confirms that 5,810,419 ordinary shares in the Company will be
released from voluntary escrow on 29 September 2024.
-ENDS -
About Spenda
Spenda Limited (ASX:SPX) is an integrated business platform that enables businesses across the supply chain to sell
better and get paid faster. Spenda is both a software solutions provider and a payment processor, delivering the essential
infrastructure to streamline processes before, during and after the payment event.
Spenda’s payments solution has three components – Software, Payments & Lending – and enables end-to-end einvoicing integration, rapid ordering, digital trust and automated reconciliation. Spenda creates an industry standard
operating environment (SOE) that enables the effective and seamless transfer of data from multiple, disparate software
systems in one standardised technology solution. Spenda combines five vendors into one solution with end-to-end
software integration as well as ledger-to-ledger integration to improve operational efficiency for all trading parties in the
supply chain.
Spenda captures transactions and payments through the value chain, generating layered revenue streams from SaaS,
both B2B and B2C payments and B2B supply chain finance. Spenda’s ability to analyse and understand payment flows
throughout these networks enables the Company to offer customised financing solutions to clients, in order to improve
their working capital efficiency and cash utilisation throughout their operations.
This announcement has been authorised by the Company Secretary.
Investor Enquiries
Please email: investors@spenda.co
For more information, see https://spenda.co/investor-centre/
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