Planet Payment Inc. Issue of Shares (9007B)
March 10 2014 - 5:52AM
UK Regulatory
TIDMPPT TIDMTTM
RNS Number : 9007B
Planet Payment Inc.
10 March 2014
Date: 10 March 2014
On behalf of: Planet Payment, Inc. ("the Company" or "Planet Payment")
For Immediate Release
Planet Payment, Inc.
Issue of Shares
Planet Payment, Inc. (NASDAQ:PLPM) (LSE: AIM: PPT), a leading
provider of international payment and transaction processing and
multi-currency processing services, announces the following change
in issued share capital.
The Company has applied to AIM for 54,276 new Common Shares to
be admitted to trading pursuant to the exercise of warrants. The
shares are to be issued to the holders of warrants issued in 2009,
in connection with an investment in Common Shares, upon net
exercise of such warrants at an exercise price of $0.45 per share
(approximately GBP0.27 per share).
Following the admission of the above shares the Company will
have a total of 54,398,007 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 17 March
2014.
About Planet Payment
Planet Payment is a leading provider of international payment
and transaction 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
Canaccord Genuity Ltd (UK) (Nomad for Planet Payment)
Simon Bridges / Cameron Duncan Tel: +44 20 7523 8000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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