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Exercise of Share Options

29th Mar 2016 14:24

RNS Number : 4245T
Paysafe Group PLC
29 March 2016
 

 

 

 

 

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]

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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