5th May 2015 07:30
Optimal Payments PLC
Directors' Dealings
5 May 2015
Further to the announcement released earlier today regarding the results of the rights issue, the Company received notification from Joel Leonoff, President and Chief Executive Officer, Stephen Shaper and Brahm Gelfand, both Non-Executive Directors, that they had taken up rights to subscribe for ordinary shares in the company of 0.01p each ("Ordinary Shares") pursuant to the rights issue on 1 May 2015 at a price of 166 pence each.
Following this transaction, these Directors will have the following interests in the Ordinary Shares.
Director | Ordinary Shares prior to transaction | Ordinary Shares purchased pursuant to the rights issue | Ordinary Shares following the transaction | % of current issued share capital |
Joel Leonoff | 4,133,843(1) | 2,363,987 | 6,497,830 (1) | 1.49% |
Stephen Shaper | 29,000(2) | 48,334 | 77,334 | 0.02% |
Brahm Gelfand | 4,500 | 7,500 | 12,000 | 0.00% |
(1) This number includes the 1,500,000 shares pledged by Mr Leonoff in favour of Equities First Holdings, LLC.
(2) This number includes 10,000 shares, the disclosure of which was omitted from the prospectus dated 23 March 2015. The Company was notified on 1 May 2015 by Mr Shaper that he purchased these 10,000 Ordinary Shares on 5 June 2013 at a price of 166 pence per Ordinary Share.
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
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Paysafe Group