1st Nov 2011 11:30
For immediate release
Optimal Payments Plc
Exercise of Options
Tuesday 1 November 2011 - Optimal Payments Plc (the "Company" or the "Group") announces that application has been made for the admission of 33,333 ordinary shares of 0.01 pence in the Company ("Shares") to trading on AIM. These Shares have been allotted and issued to certain former employees of the Group under the terms of the Company's Share Option Plan.
The 33,333 Shares are expected to be admitted to trading on AIM on Friday 4 November 2011 ("Admission"). Following Admission, the Company will have 126,312,376 Shares in issue with voting rights. The Company does not hold any Shares in treasury. The above figure of 126,312,376 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Disclosure and Transparency Rules.
The Company also announces that a further 1,405,866 options granted under the terms of the Company's Share Option Plan have lapsed on 30 October 2011. These options were previously granted to certain employees and directors of the Group on 30 October 2007 with an exercise price of 72.75 pence.
For further information contact:
Optimal Payments Plc
Andrew Gilchrist EVP Corporate Affairs + 44 (0) 1624 698 713
Email: [email protected]
Canaccord Genuity + 44 (0) 207 050 6500
Simon Bridges
Kit Stephenson
Related Shares:
Paysafe Group