Planet Payment Inc. Director's Share Dealings (9546G)
June 13 2013 - 1:51AM
UK Regulatory
TIDMPPT TIDMPPTR
RNS Number : 9546G
Planet Payment Inc.
13 June 2013
Date: 13 June 2013
On behalf of: Planet Payment, Inc. ("the Company" or "Planet Payment")
For immediate release
Planet Payment, Inc.
Director's Share Dealings
Planet Payment, Inc. (UK: LSE:AIM: PPT and PPTR; USA: NASDAQ:
PLPM), a leading provider of international payment processing and
multi-currency processing services, received notification on 12
June 2013 of the following share dealings by a Director.
On 12 June 2013 Mr. Beck advised the Company that he has ceased
to be interested in 97,000 Common Shares, which are owned by his
children who have now turned 21 years old.
Mr. Beck also advised the Company of the following sales of
Common Shares:
Director No. of Date of Transaction Average Total No Shares Percentage
Shares Transaction Price per post-Transactions of Voting
Share Interests
12 June
Philip Beck 59,753 2013 Sales $2.85 2,476,293 4%
-------- ------------- ------------ ----------- ------------------- -----------
17,653 of the Common Shares were sold in an off market
transaction and the remaining 42,100 Common Shares were sold
through the NASDAQ stock market.
Investors may note that this press release is required in
accordance with London Stock Exchange plc AIM rules governing share
transactions by directors and is in addition to the usual SEC
filings that have been made by Mr. Beck in the ordinary course.
London Stock Exchange plc AIM rules require a press release to be
issued whenever there is a share transaction by a director.
Enquiries:
Planet Payment, Inc. Tel: + 1 516 670 3200
Graham N. Arad www.planetpayment.com
Redleaf Polhill (UK PR for Planet Payment) Tel: +44 20 7382-4730
Emma Kane / Rebecca Sanders-Hewett/ David planet@redleafpolhill.com
Ison
ICR (US IR for Planet Payment) Tel: +1 646 277 1212
Contacts: Don Duffy / Dara Dierks
Canaccord Genuity Ltd (UK) (Nomad for Planet Tel: +44 20 7523 8000
Payment)
Simon Bridges / Andrew Chubb
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 50 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
www.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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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