Sept 18 (Reuters) - OFX Group Ltd OFX.AX :
* ANNOUNCES EXCLUSIVE STRATEGIC PARTNERSHIP WITH LINK MARKET SERVICES LIMITED
* PARTNERSHIP WILL BE FOR AN INITIAL TERM OF 5 YEARS AND IS EXPECTED TO LAUNCH IN MARCH 2020
* PARTNERSHIP EXPECTED TO GENERATE APPROXIMATELY $5M IN ANNUAL FEE & TRADING INCOME BY FY22
* OFX TO BECOME LINK'S PREFERRED PARTNER IN AUSTRALIA FOR INTERNATIONAL PAYMENTS LIKE DIVIDENDS & CORPORATE ACTION PAYMENTS
* PARTNERSHIP WILL BE SUPPORTED BY A CAPITAL EXPENDITURE INVESTMENT OF APPROXIMATELY $2M IN FY20, FUNDED BY CASH Source ( Further company coverage: OFX.AX