19th Nov 2013 14:15
For immediate release
Optimal Payments Plc
Director's Dealings
Tuesday 19th November 2013 - Optimal Payments Plc (LSE: OPAY) (the "Company"), announces the following transaction in ordinary shares of 0.01p each in the Company ("Ordinary Shares) by a Director of the Company.
On 19th November 2013, the Company received notification from Mr Joel Leonoff, President and Chief Executive Officer and Director of the Company, that he exercised 811,069 options over Ordinary Shares at an exercise price of 0.01p per Ordinary Share on 19 November 2013. These options were exercised under the Company's 2011 Long Term Incentive Plan.
Following this transaction, Mr Leonoff will have the following interests in the Company's share capital:
Director | Number of Ordinary Shares prior to this exercise | Number of Ordinary Shares following this exercise | % of issued share capital | Number of Awards remaining under the LTIP prior to this exercise | Number of options exercised under the 2011 LTIP | Total Number of Awards remaining under the LTIP |
Joel Leonoff | 2,516,216 | 3,327,285 | 2.2% | 1,917,875
| 811,069 | 1,106,806 (1) |
(1) These shares remain unvested subject to achievement of certain performance conditions in future years.
As at 19th November 2013 following the exercise of these options, the Company had 150,617,274 ordinary shares in issue with voting rights.
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For further information contact:
Optimal Payments
Elaine Swain, Company Secretary + 44 (0) 1624 698 715
Canaccord Genuity Limited + 44 (0) 207 523 8000
Simon Bridges
Cameron Duncan
Citigate Dewe Rogerson + 44 (0) 207 638 9571
Caroline Merrell / Nicola Swift / Priscilla Garcia
About Optimal Payments
Optimal Payments is a global provider of online payment solutions. Trusted by businesses and consumers in over 200 countries to move and manage billions of dollars each year, merchants use the NETBANX® processing service to simplify how they accept and settle credit card, direct-from-bank, and cash payments; and the NETELLER® payment account to increase margins, capture new customers and increase their lifetime value. Being an independent provider has allowed the company to support tens-of-thousands of merchants around the globe across a wide range of industries. Optimal Payments Plc is quoted on the London Stock Exchange's AIM market, with a ticker symbol of OPAY. Subsidiary company Optimal Payments Ltd is authorised and regulated as an e-money issuer by the UK's Financial Conduct Authority (FRN 900015). For more information on Optimal Payments visit www.optimalpayments.com or subscribe at www.optimalpayments.com/feed or follow us on Twitter @optimalpayments.
This information is provided by RNS
The company news service from the London Stock Exchange
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