29th Mar 2016 14:24
For immediate release
29 March 2016
Paysafe Group plc
Exercise of Share Options and Retention of Resulting Shares by a Director
Paysafe Group plc (LSE: PAYS, the "Company") has been notified by Joel Leonoff, President and Chief Executive Officer of the Company, that he has today exercised options over 320,026 Ordinary Shares of £0.0001 each in the Company ("Shares"), in respect of the awards granted to him under the Company's Long-Term Incentive Plan in 2014, at an exercise price of £0.0001 per Share. All the resulting Shares have been retained by Joel Leonoff.
Following this transaction, Mr Leonoff has an increased interest in a total of 6,322,952 Ordinary Shares, representing approximately 1.32 per cent of the issued share capital of the Company. This number includes the 1,500,000 Ordinary Shares pledged by Mr Leonoff in favour of Equities First Holdings, LLC.
For further information, contact:
Paysafe Group plc
Michelle Singleton, VP Investor Relations
+44 (0) 20 3826 9800 / [email protected]
Gavin Haycock, SVP Corporate Communications
+44 (0) 20 3826 9767 / [email protected]
Tony Hunter, Company Secretary
+44 (0) 20 7603 1515 / [email protected]
Tavistock (Financial PR)
Simon Hudson / Simon Fluendy / Andrew Dunn
+44 (0) 20 7920 3150 / [email protected]
Related Shares:
Paysafe Group