PCI-PAL PLC Final Repayment of Loan Note (4883L)
27 December 2018 - 6:01PM
UK Regulatory
TIDMPCIP
RNS Number : 4883L
PCI-PAL PLC
27 December 2018
PCI-PAL PLC
("PCI Pal" or "the Group")
Final Repayment of Loan Note
PCI-PAL PLC (AIM: PCIP), the customer engagement specialist that
secures and protects payment card data for companies handling
payments by phone, is pleased to announce that the loan note due
from the sale of its Ansaback and CallScripter businesses (the
"Disposal") has been repaid in full ahead of the due date. The sum
received of GBP1.335 million completes all payments due from the
Disposal.
Commenting on this news, James Barham, Chief Executive Officer
of PCI Pal, said:
"The early repayment of the loan note marks the final closure of
the sale of the Group's historic lines of call centre businesses.
As a pure-play, cloud provider, PCI Pal has now added further
stability to its balance sheet as we continue to pursue near-term
global growth opportunities."
This announcement contains inside information for the purposes
of Article 7 of Regulation 596/2014.
For further information, please contact:
PCI-PAL PLC Via Walbrook PR
James Barham - Chief Executive
Officer
William Good - Chief Financial
Officer
finnCap (Nominated Adviser and
Broker) +44 (0) 20 7227 0500
Geoff Nash/Simon Hicks (Corporate
Finance)
Richard Chambers (Corporate Broking)
Walbrook PR +44 (0) 20 7933 8780
Tom Cooper/Paul Vann +44 (0) 797 122 1972
tom.cooper@walbrookpr.com
About PCI Pal:
PCI Pal is a Payment Card Industry-Data Security Standard ("PCI
DSS") Level 1 certi ed supplier of contact centre payment solutions
and services, with operations in Europe and North America, enabling
organisations to take customer payments securely over the phone,
and to de-risk their business from the threat of data loss and
cybercrime.
To understand our core services better please view our video on
https://www.pcipal.com/en/solutions/agent-assist/
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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