Ann: Trading Halt, page-16

afr:

Corporate card provider Emerchants is raising $14 million via a placement through Wilson HTM. The shares are being offered at 50¢ apiece, which is the level at which the stock closed on Tuesday and represents a 2.9 per cent discount to the five-day volume-weighted average price.
Placement proceeds will be put towards the acquisition of Store Financial UK, valued at $24.9 million.
Emerchants charges fees when an amount is loaded onto a card and with each card transaction.
In June, Emerchants signed an agreement with corporate bookmaker Sportsbet to provide its clients personalised cards for immediate access to their gambling winnings.
At the time, Emerchants chief executive Tom Cregan told The Australian Financial Review its corporate customers would roll out the cards in time for the Spring Carnival.