Additional Information
Market: AIM
Sector: Software & Computer Services
EPIC: PPT
Latest Price: 263.00p  (0,00%)
52-week High: 280.00p
52-week Low: 141.50p
Market Cap: 132.29M
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Planet Payment
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.

All RNS Press Releases

RNS Release - Issue of Shares

24th Jan 2012, 8:56 am
RNS Number : 0670W
Planet Payment Inc.
24 January 2012
 



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

www.planetpayment.com

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 
Planet Payment)

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
The company news service from the London Stock Exchange
 
END
 
 
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