January 22, 2015 / 7:32 AM / 3 years ago

BRIEF-Monitise says to start strategic review of ops

Jan 22 (Reuters) - Monitise Plc :

* Trading update & initiation of strategic review

* Monitise reiterates its guidance to achieve ebitda profitability in fy 2016

* H1 fy 2015 revenue £42.4m/$64.1m (h1 2014: £46.5m/$70.3m)

* Monitise revises revenue guidance for fy 2015 to £90-100m/$136-151m

* Capex guidance reiterated at £35-45m/$53-68m in fy 2015.

* Is commencing a review of all options open to company to maximise value for shareholders

* Board appointed moelis & company uk llp as financial adviser and Canaccord Genuity as nomad and broker

* Strategic review will include consideration of corporate transactions and stock market listing options Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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