30th Dec 2013 11:12
LONDON (Alliance News) - Earthport PLC said Monday it has issued and allotted 3.8 million new shares.
Of these, 3.2 million were issued as the result of the exercise of warrants. Another 600,281 were issued in lieu of fees, of which 211,864 were issued to Mohit Davar, a non-executive director of Earthport.
Following the issue, Earthport will have a total of 389.0 million shares issued. Davar will have an interest in 452,735 shares, about 0.2% of the total.
Shares in the AIM-listed cross-border payments firm were trading up 11% at 36.50 pence Monday morning.
By Tom Waite; [email protected]; @thomaslwaite
Copyright 2013 Alliance News Limited. All Rights Reserved.
Related Shares:
Earthport