Plexure Appoints Robert Bell as a Non-Executive Director

8/4/2019, 8:30 am ADMIN

Plexure Group Limited (NZX:PLX) is pleased to announce the appointment of Robert Bell as a Non-Executive Director, effective 8 April 2019.

The appointment, made by the Board, fills a casual vacancy created by the resignation of Tim Cook in 2018. As required by NZX Listing Rule 3.3.2 (2017), the Board has determined that Robert is an independent director.

Robert holds a Bachelor of Commerce degree from the University of Auckland, is a Chartered Accountant and Member of the Chartered Accountants Australia and New Zealand, and a Member of the New Zealand Institute of Directors.

Robert is a skilled businessman with broad experience in finance, operations, sales and change management. At ECO Products Group Limited he was CFO from September 2010 to November 2017, and subsequently Director HRV until January 2019. Robert was a Director of the HRV Group of Companies from November 2014 to March 2017, when he managed the successful sale of Eco Products to Vector Limited. Prior roles have included CFO and COO responsibilities in New Zealand, America and England across a broad range of business sectors including, technology, property, manufacturing and investment banking. Robert’s experience also includes M&A and he has successfully completed numerous debt and capital raisings. He is currently the Managing Director of Viand Group, an Auckland based artisan smallgoods manufacturer.

Plexure Chair Phil Norman commented: “Robert brings to the Board a great blend of experience and knowledge. He has worked with high-growth companies, has proven financial, commercial, leadership and governance skills, and a strong understanding of technology. With his hands-on approach, Robert will be a welcome addition to our Board at a time when the Company’s international growth is accelerating”.

Robert will also Chair the Board’s Audit and Risk Management Committee. 

For more information please contact:

Phil Norman 
Chairman 
Plexure Group Limited 
Phone: +64 21 667 210 
Email: [email protected]

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PLEXURE AND MCDONALD’S STRENGTHEN GLOBAL STRATEGIC PARTNERS

2/4/2019, 8:31 am SECISSUE

Plexure Group Limited (PLX) is pleased to announce the extension and enhancement of its strategic partnership with McDonald’s Corporation.

PLX and McDonald’s have agreed to an amendment of the Software as a Service (SAAS) agreement, and in addition McDonald’s are to subscribe for 13,795,311 PLX shares for cash at an issue price of $0.3905 cents per share, representing a representing a 15% premium over the volume-weighted average price of Plexure shares during March 2019.

PLX’s SaaS platform is currently utilised by more than 100 million customers, in more than 48 countries. The key terms of the revised SaaS agreement are:

1. PLX will continue to provide SaaS to McDonald’s restaurants around the world. PLX services are ordered on a per country basis and on a 1 year rolling contract. In return PLX will provide an agreed service level, security and support.

2. Pricing has changed from the original store based pricing to include some upside from usage along with new pricing for new features. Although the actual increase from the new pricing will depend on usage and uptake, PLX estimates this at over $NZD1m a year in additional revenue.

3. PLX has agreed not to provide similar services to a defined list of competitors in the “quick service restaurant” industry for so long as the aggregate net revenue received by PLX meets a minimum threshold in any trailing 12-month period. PLX is not otherwise restricted from providing its services globally.

4. In recognition of the strategic partnership with McDonald’s, while the SaaS agreement is in place and minimum revenue threshold achieved, PLX will notify McDonald’s and has agreed to a limited-time standstill period if it receives a proposal from any one on a defined list of competitors to acquire at least 50% of PLX shares or substantially all of PLX’s assets.

The funds received from McDonald’s subscription for new shares will be used for growth and expansion purposes. Under defined conditions, McDonald’s will have the opportunity to maintain its 9.9% shareholding, subject to any necessary shareholder approvals, if PLX makes a non-pro rata offer to shareholders or otherwise makes a selective issuance of shares.

ENDS

For more information please contact: 
Craig Herbison, CEO Plexure 
Mobile: +64 27 262 2260 
Email: [email protected]

About Plexure

Plexure is a mobile engagement software company. Global brands use the Company’s products to engage consumers on mobile devices and drive them to store with personalised offers, mobile order and pay and loyalty. Plexure’s software integrates with operational systems to remove friction and create a seamless purchase experience for consumers.

Plexure makes the sales process for physical retailers seamless, engaging and profitable by identifying where customers are, what they want and then facilitating their purchases.

The Company’s technology platform and product offering covers five key capabilities: 
• Mobile order and pay 
• Next generation loyalty programmes 
• Personalised offers 
• Analytics 
• Seamless operations integration

Brands that use Plexure see an increase in customer numbers and visit frequency, higher average transaction values, larger share of wallet and improved customer satisfaction scores.

The Company now has over 110 million end users on its platform in over 49 countries.

Plexure has offices in Auckland, Chicago, Atlanta, Tokyo and Copenhagen. Clients include McDonald’s, 7-Eleven, Ikea, and Loyalty New Zealand.

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`McDonald’s Announces Investment in Plexure

2/4/2019, 8:31 am MKTUPDTE

McDonald’s Announces Investment in New Zealand-Based Plexure 

Announcement furthers McDonald’s digital transformation and coincides with expansion of McDonald’s use of Plexure's technology under current agreement between the companies 

CHICAGO & AUCKLAND, NEW ZEALAND – APRIL 2, 2019 – McDonald’s Corporation (MCD) and Plexure (PLX NZ), a leader in mobile engagement software, announced today McDonald’s investment in the New Zealand-based company. Plexure has played an important role in McDonald’s focus on digital transformation, powering a version of McDonald’s Global Mobile App in 48 countries outside the U.S. and other markets, including Italy and Japan. The transaction marks McDonald’s first-ever investment in a mobile app vendor and follows its recent announcement to acquire Dynamic Yield, a decision-engine and personalization company based in Tel Aviv, Israel, and New York.

Funds from the investment will further Plexure’s growth plans while giving McDonald’s enhanced access to Plexure’s technology in the quick service restaurant (QSR) space, including access to greater back-end and front-end features, customer functionality and customer targeting, among others.

The investment coincides with an amendment to the existing software service agreement between the two companies, which will extend McDonald’s usage of Plexure’s technology and set new specifications for service levels and pricing. As part of this agreement, Plexure will not provide similar services to a defined list of competitors in the QSR space, based on certain terms and conditions. 

“Across all of our markets, we’re using technology to elevate and transform the McDonald’s customer experience,” said Steve Easterbrook, President and Chief Executive Officer of McDonald’s. “Our mobile apps play a key role in our digital acceleration, allowing customers to interact with us on their terms in a personal, customized way. This investment is a testament to our belief in Plexure’s ability to deliver strong results for our business as well as the talent and technology they’ve cultivated.” 

Added Craig Herbison, Chief Executive Officer of Plexure, “This is a tremendous vote of confidence from our largest customer. This investment will further our efforts to reach more people with our technology, provide world-class service to our clients and execute our growth plans for our company.” 

The investment is being facilitated through the issuance of new equity in Plexure. Under the terms of the subscription agreement, McDonald’s, through an indirect wholly-owned subsidiary, will purchase 13,795,311 shares of Plexure, facilitated through a cash transaction at an issue price of NZ$0.3905, representing a 15% premium over the volume-weighted average price of Plexure shares during March 2019. The cash investment from McDonald’s will result in a 9.9% minority stake, of which funds will be used for Plexure’s growth and expansion purposes. 

#### 

About McDonald’s 
McDonald’s is the world’s leading global foodservice retailer with nearly 38,000 locations in over 100 countries around the world. Over 92 percent of McDonald’s restaurants worldwide are owned and operated by independent local business men and women.

About Plexure 
Plexure is a mobile engagement software company. Global brands use the Company’s products to engage consumers on mobile devices and drive them to store with personalised offers, mobile order and pay and loyalty. Plexure’s software integrates with operational systems to remove friction and create a seamless purchase experience for consumers.

Plexure makes the sales process for physical retailers seamless, engaging and profitable by identifying where customers are, what they want and then facilitating their purchases.

The Company’s technology platform and product offering covers five key capabilities: 
• Mobile order and pay 
• Next generation loyalty programmes 
• Personalised offers 
• Analytics 
• Seamless operations integration

Brands that use Plexure see an increase in customer numbers and visit frequency, higher average transaction values, larger share of wallet and improved customer satisfaction scores. 
The Company now has over 110 million end users on its platform in over 49 countries.

Plexure has offices in Auckland, Chicago, Atlanta, Tokyo and Copenhagen. Clients include McDonald’s, 7-Eleven, Ikea, and Loyalty New Zealand. 

Media Contacts:

Lauren Altmin, McDonald’s Corporation 
Mobile: 773-431-5726 
Email: [email protected] 

Craig Herbison, Plexure Group CEO 
Mobile: +64 27 2622260 
Email: [email protected]

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Plexure Group Limited (PLX) issues ordinary shares

1/4/2019, 8:38 am SECISSUE

On the 29th of March 2019 the remaining convertible note holders took the option to convert their note to equity. As a result Plexure Group Limited (PLX) has issued a further 12,534,773 shares. The convertible note has now been extinguished.

The full year Profit and Loss impact of the close out of the convertible note is a cost of $1.645m (non-audited). There is no cash impact.

Attached is the allotment notice.

For more information please contact: 
Andrew Dalziel, CFO Plexure 
Mobile: +64 27 6777 575 
Email: [email protected]

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Notice of issue of shares under employee share option plan

21/3/2019, 8:48 am SECISSUE

For the purposes of Listing Rules 7.12.1 and 7.12.9 of the NZX Main Board Listing Rules, Plexure Group Limited (PLX) advises that it has issued new shares under its Employee Share Option Plan. 

PLX has issued 30,001 ordinary shares, made up of 13,334 shares excised at an option price of 26 cents and 16,667 shares excised at an option price of 19.25 cents per share for total consideration of $6,675.24. The total number of shares after the issue are 113,016,490 and there are a further 8,899,999 live options. 

For more information please contact: 
Andrew Dalziel, CFO Plexure 
Mobile: +64 27 6777 575 
Email: [email protected]

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Plexure Group Limited (NZX:PLX) Market Update

12/3/2019, 8:31 am GENERAL

Plexure surpasses 100 million users 

Plexure is pleased to announce that it now has over 100 million users on its platform. This is a milestone that very few New Zealand technology companies have reached and puts Plexure alongside an elite number of global tech companies in terms of platform users. Plexure’s technology is deployed in 47 countries, across different industries and continues to drive revenue for its customers. Plexure has experienced annual usage growth of over 50% in each of the last 3 years and expects this trend to continue.

Financial update

Plexure has provided an update of its year end position financial position. For further detail please see the attached.

ENDS

For more information please contact: 
Craig herbison, 
CEO Plexure 
Mobile: +64 27 262 2260 
Email: [email protected]

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Plexure Group Limited – Share Buyback

12/2/2019, 9:47 am SECISSUE

For the purposes of Listing Rule 7.12.1 of the NZX Listing Rules, Plexure Group Limited (“Company”) advises that on Friday 8th February after the market closed, Plexure purchased 71,421 ordinary shares at the closing price of $0.295 per share for total consideration of $21,069.20. These shares will be held as Treasury Stock.

For more information please contact: 
Andrew Dalziel, CFO Plexure 
Mobile: +64 27 6777 575 
Email: [email protected]

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Plexure Group Limited – Share Buyback

11/2/2019, 9:37 am CORPACT

Following the Minimum Holding requirement notice dated 8th November 2018, Plexure Group exercised its power of sale of shareholdings below the Minimum Holding threshold (as defined in Appendix 2 of the NZX Main Board Listing Rules).

On Friday 8th February after the market closed, Plexure purchased 71,421 shares at the closing price of $0.295 per share for total consideration of $21,069.20. These shares will be held as treasury stock.

For more information please contact: 
Andrew Dalziel, CFO Plexure 
Mobile: +64 27 6777 575 
Email: [email protected]

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Plexure notice to shareholders re minimum shareholding

8/11/2018, 9:12 am CORPACT

Please find attached a letter to shareholders and formal notice to shareholders regarding Plexure Group Limited’s (Plexure) intention to exercise its power of sale of shareholdings below the Minimum Holding threshold (as defined in Appendix 2 of the NZX Main Board Listing Rules).

There are a number of shareholders who do not comply with the ‘Minimum Holding’ required under the NZX Listing Rules. Shareholders who do not comply with the minimum holding requirement have the option to purchase more shares or after three months a broker instructed by Plexure will sell all holdings of less than the Minimum Holding requirement and return the funds to those shareholders.

Dependant on the share price on the 8th February 2019, the maximum number of shares to be repurchased will be 178,748 shares.

PLEXURE GROUP LIMITED

For more information please contact: 
Andrew Dalziel, CFO Plexure 
Mobile: +64 27 6777 575 
Email: andrew.da[email protected]

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Plexure increases revenue by 51% and reports maiden profit

30/10/2018, 8:56 am INTERIM

Mobile engagement software company Plexure has reported its first profit, following a record period of revenue growth. Revenue increased by 51% for the six months ended 30 September 2018, giving a net profit of $1.1 million. This represents a 658% turnaround on its $0.2 million loss for the same period last year.

Chief Executive Craig Herbison said the $8.1 million revenue and continued cost control gives the company $6.1 million in the bank. This, along with its positive cash flow, will allow Plexure to invest further in scaling its platform and addressing the significant growth opportunity across its global markets.

“Moving into profit is an important milestone on our journey, reflecting a successful rebuilding and refocusing of the business to generate the resources we need to fund further growth and expansion,” said Mr Herbison.

Plexures global footprint continues to grow with more than 86 million users on the platform across more than 40 countries.

For more information please contact: 
Andrew Dalziel, CFO Plexure 
Mobile: +64 27 6777 575 Email: [email protected]

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