www.planetpayment.com
Planet Payment [LSE:AIM:PPT and PPTR; OTCQX:PLPM] is a leading international payment and data processor, providing banks and their merchants with innovative solutions to accept, process and reconcile payments, anytime, anywhere and in any currency.
Its customer base of more than 40 acquiring banks and processors stretches from North America, to the Middle East, to Asia Pacific, including China, Hong Kong, Macau, Taiwan, Malaysia and India. Planet Payment is headquartered in New York and has offices in Atlanta, Beijing, Bermuda, Delaware, London, Hong Kong, Shanghai and Singapore. Visit www.planetpayment.com for more information on the Company and its services.
RNS Release - Issue of Shares
Date: 24 January 2012
On behalf of: Planet Payment, Inc. ("the Company" or "Planet Payment")
For immediate release
Planet Payment, Inc.
Issue of Shares
Planet Payment [UK: LSE: AIM: PPT and PPTR; USA: OTCQX: PLPM],
a leading provider of international and multi-currency payment processing services, announces the following change in its issued share capital.
The Company has applied to AIM for 13,354 new Common Shares to be admitted to trading. The shares are to be issued to the holder of a warrant issued in 2006, in lieu of payment of professional fees, upon net exercise of such warrant. These new shares are to be admitted to the unrestricted line trading under PPT, at an exercise price of $0.25 per share (approximately £0.16).
Following the admission of all of the above shares the Company will have a total of 51,764,405 issued and outstanding Common Shares of which 43,926,113 Shares will be trading on AIM under the ticker PPT, the unrestricted line and 7,838,292 Shares will be trading on AIM under the ticker PPTR, the Reg S line. All unrestricted shares are tradable on the OTCQX in the United States under the ticker PLPM.
Dealings in the above shares are expected to commence on 27 January 2012.
-ends-
Enquiries to:
Planet Payment, Inc. Graham N. Arad, SVP and General Counsel
| Tel: +1 516 670 3200 |
Redleaf Polhill (UK PR for Planet Payment) Emma Kane / Henry Columbine / Luis Mackness | Tel: +44 20 7566 6720 planet@redleafpolhill.com
|
Canaccord Genuity Ltd (UK) (Nomad for Planet Payment) Simon Bridges / Andrew Chubb | Tel: +44 20 7050 6500
|
Canaccord Genuity, Inc. (US) (DAD
for Andy Viles |
Tel: +1 617-371-3900
|
About Planet Payment®
Planet Payment's Common shares trade in the UK on AIM under the symbols PPT for unrestricted Common shares and PPTR for Reg S Common shares and in the United States on the OTCQX under the symbol PLPM.
Planet Payment is headquartered in New York and has offices in Atlanta, Beijing, Bermuda, Delaware, Dubai, London, Hong Kong, Shanghai and Singapore.
This information is provided by RNS

















