Pushpay Holdings appoints Goldman Sachs to evaluate acquisition offers

Pushpay appoints Goldman Sachs to evaluate acquisition offers

SYDNEY, AUSTRALIA: Pushpay Holdings Board has appointed Goldman Sachs to assist as financial advisor in evaluating unsolicited approaches from third parties looking to acquire the company.

There is no certainty that these expressions of interest or approaches will result in any transaction.

Pushpay reaffirms the guidance provided on 15 March 2022 for the full year ending 31 March 2022.

The Company expects Underlying EBITDAFI to be between US$61.5 million and US$63.5 million.

Excluding the costs associated with the investment into the Catholic initiative, the Company expects to achieve Underlying EBITDAFI for the year ended 31 March 2022 of between US$63.5 million and US$65.5 million.

Pushpay Holdings Limited, known as Pushpay, is a donor management system for charities operating within the United States.

It is publicly listed on the New Zealand Stock Exchange NZX and the Australian Securities Exchange ASX under the ticker code PPH. Pushpay Holdings joined the NZX50 Index in December 2017 and the ASX All Ordinaries Index in March 2018. Pushpay was added to the S&P/ASX All Technology Index upon its launch in February 2020.

www.pushpay.com

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