27th Jan 2014 13:55
Optimal Payments Plc
Director's Dealings
Monday 27th January 2014 - 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 27th January 2014, the Company received notification from Mr Joel Leonoff, President and Chief Executive Officer and Director of the Company, that he exercised 726,558 options over Ordinary Shares at an exercise price of 0.01p per Ordinary Share on 27th January 2014. These options were exercised under the Company's 2012 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 2012 LTIP | Total Number of Awards remaining under the LTIP |
Joel Leonoff | 3,327,285 | 4,053,843 | 2.52% | 1,106,806
| 726,558 | 380,248 (1) |
(1) These shares remain unvested subject to achievement of certain performance conditions in future years.
As at 27th January 2014 following the exercise of these options, the Company had 160,665,745 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
Related Shares:
Paysafe Group