29th Apr 2015 11:45
Optimal Payments PLC (the "Company")
Director's Dealings
29 April 2015
On 28 April 2015, the Company received notification from Joel Leonoff, President and Chief Executive Officer of the Company, that he sold 2,025,751 rights to subscribe for ordinary shares in the Company of 0.01p each ("Nil Paid Rights") on 28 April 2015 at an average price of 95.22 pence each. This transaction was undertaken in order to fund in part the take-up of his remaining rights under the terms of the Company's rights issue announced on 23 March 2015.
Following this transaction, Mr Leonoff will have the following interests in the Nil Paid Rights and the Company's ordinary shares of 0.01p each ("Ordinary Shares"). Mr Leonoff's interest in the Company's Ordinary Shares has not changed as a result of this transaction.
Director | Number of Nil Paid Rights prior to this sale | Number of Nil Paid Rights following this sale | Number of Ordinary Shares | % of current issued share capital |
Joel Leonoff | 4,389,738 | 2,363,987 | 4,133,843(1) | 2.53 |
(1) This includes the 1,500,000 shares pledged by Mr Leonoff in favour of Equities First Holdings, LLC.
For further information contact:
Optimal Payments Plc: Tel: +44 (0) 20 7182 1707
Jessica Stalley, Head of Investor Relations
Canaccord Genuity (Nominated Adviser and Broker):
Tel: +44 (0) 20 7523 8000
Simon Bridges
Piers Coombs (ECM)
Cameron Duncan
Tavistock (Financial PR):
Tel: +44 (0) 20 7920 3150
Simon Hudson
Simon Fluendy
Andrew Dunn
Related Shares:
Paysafe Group