TIDMSCH

RNS Number : 0351C

SafeCharge International Group Ltd

26 September 2018

SafeCharge International Group Limited

("SafeCharge" or the "Company")

Notification of Transaction by Director / PDMR

Exercise of Options

SafeCharge (AIM: SCH), a leader in advanced payment technologies, announces that David Avgi, Chief Executive Officer, has today exercised options over 3,995,185 ordinary shares in the Company (of which 1,000,000 at a price of 121.0 pence per share and 2,995,185* at a price of 225.5 pence per share). These options were granted under the Company's 2011 Global Share Option Plan. These shares were immediately sold at 325.0 pence per share.

David Avgi's holding in the Company remains unchanged, with an interest in 3,374,111** ordinary shares in the Company, equivalent to 2.2% of the total number of voting rights in the Company.

* These options have been granted to Foxberry Limited. Foxberry Limited is ultimately owned by a trust, the beneficiary of which is David Avgi.

** Including 374,111 shares held by Foxberry Limited.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        David Avgi 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             Chief Executive Officer 
     --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                        SafeCharge International Group Limited 
     --------------------------  ----------------------------------------- 
 b)   LEI                         213800MJPZ8CM92N3O79 
     --------------------------  ----------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     --------------------------------------------------------------------- 
 a)   Description of the 
       financial instrument,        Ordinary shares of US$0.0001 value 
       type of instrument 
                                    GG00BYMK4250 
       Identification code 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Exercise of options under the SafeCharge 
                                   2011 Global Share Option Plan and 
                                   subsequent sale of those shares 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)         Volume(s) 
                                     GBP 1.210 each   1,000,000 options 
                                                       exercised 
                                                     ------------------- 
                                     GBP 2.255 each   2,995,185 options 
                                                       exercised 
                                                     ------------------- 
                                     GBP 3.250 each   3,995,185 ordinary 
                                                       shares sold 
                                                     ------------------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume          3,995,185 shares 
 
 
       - Price                      GBP 3.250 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     26 September 2018 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, AIM 
     --------------------------  ----------------------------------------- 
 

For further information contact:

 
       SafeCharge International Group 
        Limited 
        David Avgi, Chief Executive Officer 
        Tsach Einav, Chief Financial 
        Officer 
        c/o FTI Consulting                           +44 (0) 20 3727 1725 
       Jean Beaubois, Head of Investor 
        Relations                                    +44 (0) 7826 936619 
       Shore Capital 
        Mark Percy 
        Toby Gibbs                                   +44 (0) 20 7408 4090 
       FTI Consulting 
        Matthew O'Keeffe 
        Elena Kalinskaya                             +44 (0) 20 3727 1725 
 

About SafeCharge

SafeCharge International Group Limited (AIM: SCH) is the payment service partner for the world's most demanding businesses. SafeCharge provides global omni--channel payments services from card acquiring and issuing to payment processing and checkout, all underpinned by advanced risk management solutions. This fully featured proprietary payment platform connects directly to all major payment card schemes including Visa, MasterCard, American Express and Union Pay as well as over 150 local payment methods. With offices around the world, SafeCharge serves a diversified, blue chip client base and is a trusted payment partner for customers across a range of vertical markets. The Company has been listed on the AIM market of the London Stock Exchange since 2014.

www.safecharge.com

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END

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