2nd Dec 2014 07:00
2 December 2014
Earthport plc
("Earthport" or "Company)
Exercise of Options /PDMR Shareholding
The Company announces that Asif Ali, Company Secretary, today exercised an option to acquire 197,833 ordinary shares of 10 pence each at an exercise price of 25 pence per share, which were transferred from the Employees Share Option Plan Trust ("ESOPT") and will be sold in the open market. These options were granted under the Earthport 2011 Employee Share Option Plan ("2011 ESOP").
Following this exercise, Asif Ali has an interest in options over 300,833 shares subject to awards under the 2011 ESOP and Earthport 2013 LTIP.
The shares will be transferred from the ESOPT. Therefore, the Company's enlarged share capital will remain at 475,795,114 ordinary shares with one voting right per share. No shares are held in Treasury. The total number of voting rights in the Company is therefore 475,795,114.
The figure of 475,795,114 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 FCA's Disclosure and Transparency Rules.
For further information, please contact:
Earthport plc Hank Uberoi
| 020 7220 9700 |
Charles Stanley Securities Mark Taylor / Paul Brotherhood
| 020 7149 6000 |
Panmure Gordon Fred Walsh
| 020 7886 2500 |
Newgate Threadneedle John Coles / Jasper Randall
| 020 7653 9850 |
About Earthport
Earthport plc, a regulated global financial services organisation, specialises in the provision of a white label cross-border payments service.
Through its innovative payments framework, specifically designed for high volumes of low value cross-border payments, Earthport provides a cost-effective and transparent service for secure international payments. Earthport's clients include banks, money transfer organisations, payment aggregators, e-commerce businesses and foreign exchange businesses. Through Earthport's well established payments infrastructure, clients can clear and settle payments directly to banked beneficiaries in 60 countries.
The company is headquartered in London and is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. It operates globally with additional regional offices in Dubai and New York. Earthport plc isauthorisedand regulated by the Financial Conduct Authority under the Payment Service Regulations 2009 for the provision of payment services. To learn more, please visit www.earthport.com and follow us via RSS or on social channels, Twitter @Earthport, LinkedIn, Youtube and Slideshare.
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