Planet Payment Inc. Director/PDMR Shareholding (1069C)
March 12 2014 - 3:32AM
UK Regulatory
TIDMPPT TIDMTTM
RNS Number : 1069C
Planet Payment Inc.
12 March 2014
Date: 12 March 2014
On behalf of: Planet Payment, Inc. ("the Company" or "Planet Payment")
Planet Payment, Inc.
Director's Share Dealings
Planet Payment, Inc. (NASDAQ: PLPM; LSE:AIM: PPT ), a leading
provider of international payment and transaction processing and
multi-currency processing services, received notification on 11
March 2014 of the following share dealings by a Director.
On 11 March 2014 Mr. Beck advised the Company that he had
exercised the following options over Common Shares and executed the
following sales of Common Shares through the NASDAQ market:
Director No. of Date of Transaction Transaction Average Total No Percentage
Shares Price per Shares post-Transactions of Voting
Share Interests
---------- -------- -------------------- ---------------- ----------- -------------------------- -----------
Philip
Beck 69,063 11 March 2014 Option Exercise $2.50
---------- -------- -------------------- ---------------- ----------- -------------------------- -----------
Philip
Beck 68,099 11 March 2014 Option Exercise $1.20
---------- -------- -------------------- ---------------- ----------- -------------------------- -----------
Philip
Beck 75,000 11 March 2014 Option Exercise $1.70
---------- -------- -------------------- ---------------- ----------- -------------------------- -----------
Philip
Beck 463,162 11 March 2014 Sale $3.30 2,055,822 3.3%
---------- -------- -------------------- ---------------- ----------- -------------------------- -----------
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 are being 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.
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 22 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 (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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