SYNIVERSE TECHNOLOGIES (FINANCIAL CLEARING) LIMITED

SYNIVERSE TECHNOLOGIES (FINANCIAL CLEARING) LIMITED

Previous company name
UNITED CLEARING LIMITED
Name change date
2/1/2008
Company Overview
The company is a private firm which is engaged in the provision of financial clearing and settlement services. It has its registered business address located in London, United Kingdom.
The company provides financial clearing and settlement services to the mobile network industry in the United Kingdom, the United States, and Hong Kong. It offers clearing and settlement services, such as invoicing, clearing, reporting, and banking for international roaming, voice, data, and m-commerce related services. The company also offers VAT reclaim service and settlements for SMS interworking.
The is a wholly owned subsidiary of Syniverse Technologies Limited Luxembourg Sarl, which is based in Luxembourg.s.
Business Summary
The Company’s principal activity is that of a provider of specialist financial clearing and settlement services to the international mobile network industry.
Description and history
Headquartered in London, United Kingdom, with offices in USA and Hong Kong, United Clearing is the growing independent provider of financial clearing and settlement services to the global mobile telecommunications industry.

United Clearing provides a unique clearing and settlement service for international voice and data roaming, as well as mobile commerce transactions.

The Company moved from the OFEX market to be listed on the AIM market of the London Stock Exchange on the 6th July 2004.

Acquisitions:

On 3 March 2006, Billing Services Group Ltd announced that the offer (the ‘Offer’) for the entire issued and to be issued share capital of United Clearing Plc (‘United Clearing’) as set out in the offer document dated 20 January 2006 (‘the Offer Document’), had become unconditional in all respects. As at 1.00 p.m. on 3 April 2006, valid acceptances had been received in respect of 16,277,748 United Clearing Shares, representing approximately 91.11 per cent. of the issued share capital of United Clearing.

Accordingly, having acquired or received valid acceptances of the Offer in respect of over 90 per cent. of the United Clearing Shares to which the Offer relates, BSG will today be giving notice to those United Clearing Shareholders who have not accepted the Offer informing them that it will compulsorily acquire their United Clearing Shares by applying sections 428 to 430F of the Companies
Act 1985.

The Company announces that it has made application for the cancellation of admission of the Company’s shares with effect from the opening of business on 18 May 2006.

Business Line
Engaged in the provision of financial clearing and settlement services
Subsidiary

Advisor
CHAPMAN DAVIS LLP
IPO date
7/6/2004
US SIC Code
6289
Company Address
140, Old Street

City province or state postal code
EC1V 9BJ, LONDON
Phone: +44 20 7608 8000
Fax: +44 20 7608 8001
Country address: UNITED KINGDOM
Website url: www.unitedclearing.com