Optimal Payments PLC Director's Dealings (6933L)
29 April 2015 - 8:45PM
UK Regulatory
TIDMOPAY
RNS Number : 6933L
Optimal Payments PLC
29 April 2015
Optimal Payments PLC (the "Company")
Director's Dealings
29 April 2015
On 28 April 2015, the Company received notification from Joel
Leonoff, President and Chief Executive Officer of the Company, that
he sold 2,025,751 rights to subscribe for ordinary shares in the
Company of 0.01p each ("Nil Paid Rights") on 28 April 2015 at an
average price of 95.22 pence each. This transaction was undertaken
in order to fund in part the take-up of his remaining rights under
the terms of the Company's rights issue announced on 23 March
2015.
Following this transaction, Mr Leonoff will have the following
interests in the Nil Paid Rights and the Company's ordinary shares
of 0.01p each ("Ordinary Shares"). Mr Leonoff's interest in the
Company's Ordinary Shares has not changed as a result of this
transaction.
Director Number of Number of Number of Ordinary % of current
Nil Paid Rights Nil Paid Rights Shares issued share
prior to this following capital
sale this sale
-------------- ----------------- ----------------- ------------------- --------------
Joel Leonoff 4,389,738 2,363,987 4,133,843(1) 2.53
-------------- ----------------- ----------------- ------------------- --------------
(1) This includes the 1,500,000 shares pledged by Mr Leonoff in
favour of Equities First Holdings, LLC.
For further information contact:
Optimal Payments Plc: Tel: +44 (0) 20 7182 1707
Jessica Stalley, Head of Investor Relations
Canaccord Genuity (Nominated Adviser and Broker):
Tel: +44 (0) 20 7523 8000
Simon Bridges
Piers Coombs (ECM)
Cameron Duncan
Tavistock (Financial PR):
Tel: +44 (0) 20 7920 3150
Simon Hudson
Simon Fluendy
Andrew Dunn
This information is provided by RNS
The company news service from the London Stock Exchange
END
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