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BRIEF-Cembra Money Bank: Subsidiary Cashgate Agrees To Sell Rental Guarantee Business

Nov 8 (Reuters) - CEMBRA MONEY BANK AG:

* CASHGATE AG, A 100% SUBSIDIARY OF CEMBRA MONEY BANK AG, AGREED WITH A GROUP OF REAL ESTATE MANAGEMENT COMPANIES TO SELL RENTAL GUARANTEE BUSINESS CURRENTLY OPERATING UNDER SMARTCAUTION BRAND

* PARTIES HAVE MUTUALLY AGREED TO NOT DISCLOSE PURCHASE PRICE

* MAINTAINS ITS COMMUNICATED EARNINGS PER SHARE (EPS) GUIDANCE FOR 2019 Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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