PayPoint Plc and International Distribution Services have made a strategic investment in Collect+ by acquiring a 49% ownership stake for 43.9 million pounds. This investment values the Collect+ business at 90 million pounds, with International Distribution Services being the owner of Royal Mail. PayPoint has also announced a special dividend of 50.0 pence per share and a share consolidation of 12 for 13, which will be proposed for shareholder approval on October 17, 2025. The Board anticipates the transaction to be EPS enhancing in the first full year to March 2027, driven by the special dividend, share consolidation, and growth in volumes from Royal Mail services through the Collect+ network.

Read more at Nasdaq.: PayPoint Announces Strategic Investment In Collect+ By International Distribution Services