Planet Payment Inc. Issue of Shares (4834R)
28 October 2013 - 6:01PM
UK Regulatory
TIDMPPT TIDMTTM
RNS Number : 4834R
Planet Payment Inc.
28 October 2013
Date: 28 October 2013
On behalf of: Planet Payment, Inc. ("the Company" or "Planet Payment")
Embargoed until: 0700 hrs
Planet Payment, Inc.
Issue of Shares
Planet Payment, Inc. (NASDAQ:PLPM) (LSE: AIM: PPT), a leading
provider of international payment processing and multi-currency
processing services, announces the following change in issued share
capital.
The Company has applied to AIM for 190,294 new Common Shares to
be admitted to trading pursuant to the exercise of warrants. The
shares are to be issued to the holder of warrants issued in 2010
and 2011, in lieu of payment of professional fees, upon net
exercise of such warrants at an exercise price of $0.25 per share
(approximately GBP0.15 per share).
Following the admission of the above shares the Company will
have a total of 54,800,973 issued and outstanding Common Shares
admitted to trading on AIM under the ticker PPT. All unrestricted
Common Shares are tradable on the NASDAQ market in the United
States under the ticker PLPM.
Dealings in the new shares are expected to commence on 1
November 2013.
About Planet Payment
Planet Payment is a leading provider of international payment
processing and multi-currency processing services. We provide our
services in more than 20 countries and territories across the Asia
Pacific region, North America, the Middle East, Africa and Europe,
primarily through our more than 60 acquiring bank and processor
customers. Our point-of-sale and e-commerce services help merchants
sell more goods and services to consumers, and together with our
ATM services are integrated within the payment card transaction
flow enabling our acquiring customers, their merchants and
consumers to shop, pay, transact and reconcile payment transactions
in multiple currencies, geographies and channels.
Planet Payment is headquartered in New York and has offices in
Atlanta, Beijing, Bermuda, Delaware, Dubai, Dublin, London, Hong
Kong, Mexico City, Shanghai and Singapore. Visit
ww.planetpayment.com for more information about the Company and its
services. For up-to-date information follow Planet Payment on
Twitter at @PlanetPayment or join Planet Payment's Facebook
page.
Enquiries:
Planet Payment, Inc. Tel: + 1 516 670 3200
Graham N. Arad, SVP General Counsel www.planetpayment.com
Redleaf Polhill (UK PR for Planet Payment) Tel: +44 207 382 4730
Emma Kane / Rebecca Sanders-Hewett / Dwight planet@redleafpr.com
Burden / David Ison
ICR (USA IR for Planet Payment) Tel: +1 646-277-1212
Don Duffy / Dara Dierks
Canaccord Genuity Ltd (UK) (Nomad for Planet Payment)
Simon Bridges / Andrew Chubb Tel: +44 20 7523 8000
This information is provided by RNS
The company news service from the London Stock Exchange
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