PAYS Paysafe Gp

TIDMPAYS

RNS Number : 9657D

Paysafe Group PLC

02 May 2017

For immediate release

2 May 2017

Paysafe Group plc

Director's Repayment of Fixed Term Loan and Return of Full Share Ownership Rights

Further to the announcement made on 24 March 2017 (RNS No:4796A) Paysafe Group plc (LSE: PAYS, the "Company") confirms that Joel Leonoff, President and Chief Executive Officer of the Company, has repaid in full the amount outstanding under the loan agreement (the "Agreement") between Mr Leonoff and Equities First Holdings, LLC.

Full ownership rights of the 1,500,000 ordinary shares of 0.01 pence each in the Company ("Ordinary Shares") have been returned to Mr Leonoff and the Agreement has been terminated.

Mr Leonoff continues to have an interest in a total of 9,768,580 Ordinary Shares, which includes the 1,500,000 Ordinary Shares referred to above, representing approximately 2.02 per cent of the issued share capital of the Company.

For further information, contact:

Paysafe Group plc

Michelle Singleton, VP Investor Relations

+44 (0) 20 3826 9800 / investorrelations@paysafe.com

Elaine Quine, Company Secretary

+44 (0) 1624 698719 / elaine.quine@paysafe.com

Brunswick Group LLP

Brian Buckley / Rowan Brown

+44 (0) 20 7404 5959 / paysafe@brunswickgroup.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 02, 2017 12:27 ET (16:27 GMT)

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