Paysafe Group PLC Exercise of Options by a Director (1490M)
11 October 2016 - 1:00AM
UK Regulatory
TIDMPAYS
RNS Number : 1490M
Paysafe Group PLC
10 October 2016
10 October 2016
Paysafe Group plc
Exercise of Share Options and Retention of Resulting Shares by a
Director
Paysafe Group plc (LSE: PAYS, the "Company") has been notified
that Joel Leonoff, President and Chief Executive Officer of the
Company, has today exercised options over 3,445,628 Ordinary Shares
of GBP0.0001 each in the Company ("Shares"), in respect of the
awards granted to him under the Company's Long-Term Incentive Plan
in 2014, at an exercise price of GBP0.0001 per Share. All the
resulting Shares have been retained by Joel Leonoff.
Following this transaction, Mr Leonoff has an increased interest
in a total of 9,768,580 Ordinary Shares, representing approximately
2.01 per cent of the issued share capital of the Company. This
number includes the 1,500,000 Ordinary Shares pledged by Mr Leonoff
in favour of Equities First Holdings, LLC.
For further information, contact:
Paysafe Group plc
Tony Hunter, Company Secretary
+44 (0) 20 7603 1515 / tony.hunter@paysafe.com
-ends-
This information is provided by RNS
The company news service from the London Stock Exchange
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