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First Day of Dealings on the Main Market

23rd Dec 2015 07:00

RNS Number : 9549J
Paysafe Group PLC
23 December 2015
 

Paysafe Group Plc

First Day of Dealings on the Main Market of the London Stock Exchange

LONDON (23 December, 2015) - Further to previous announcements, Paysafe Group Plc (LSE AIM: PAYS, the "Company") is pleased to announce that the Company's shares will today be admitted to the premium segment of the Official List of the UK Listing Authority (the "Official List") and to trading on London Stock Exchange plc's main market ("Main Market") for listed securities (together, "Admission"). Dealings in the Company's shares will commence on the Main Market at 8.00 a.m. GMT on 23 December 2015 and trading in the Company's shares on the AIM market of London Stock Exchange plc ("AIM") will be cancelled simultaneously therewith.

The Company is not raising any funds or issuing any new ordinary shares in connection with Admission. No shares have been offered or marketed to the public in the UK or elsewhere in connection with Admission. The Company's TIDM code on the London Stock Exchange will remain 'PAYS', with an ISIN of GB0034264548 and, on Admission, it is expected there will be 479,606,395 ordinary shares in issue.

The prospectus prepared by the Company in connection with Admission is available for inspection on the Company's website at www.paysafe.com and is available on the National Storage Mechanism at www.morningstar.co.uk/uk/NSM. Copies of the prospectus will also be available at the Company's registered office at Audax House, 6 Finch Road, Douglas, Isle of Man IM1 2PT and at the offices of Hogan Lovells International LLP at Atlantic House, Holborn Viaduct, London EC1A 2FG.

About Paysafe

Paysafe Group Plc (formerly Optimal Payments Plc) is a global provider of online payment solutions, trusted by businesses and consumers in over 200 countries and territories to move and manage billions of dollars each year. Merchants use Paysafe's services and gateway platforms and innovative prepaid products and solutions to simplify how they accept credit and debit card, direct‑from‑bank, and alternative and local payments; while Paysafe's NETELLER®, Skrill® and paysafecard® services are used by merchants to increase revenues and capture new customers. Consumers use the multilingual and multicurrency NETELLER, Net+® Card, Skrill and Skrill Card stored-value offerings and the paysafecard prepaid solutions to make secure and convenient payments and payolution® for their invoices and instalment payments. Paysafe also supports a wide variety of prepaid programmes - from white-label prepaid cards to bespoke solutions.

For further information, contact:

Paysafe Group Plc

Paul Rode, VP Group FP&A and Investor Relations

[email protected]

 

Gavin Haycock, SVP Corporate Communications

+44 (0) 20 3826 9767 / [email protected]

 

Canaccord Genuity Limited (Nominated Adviser & Broker)

Simon Bridges / Cameron Duncan

+44 (0) 20 7523 8000

 

Deutsche Bank AG, London Branch (Sponsor)

Charles Wilkinson / Adam Miller

+44 (0) 20 7545 8000

 

Lazard & Co., Limited (Financial Adviser)

Cyrus Kapadia / Charlie Foreman

+44 (0) 20 7187 2000

 

Tavistock (Financial PR)

Simon Hudson / Simon Fluendy

+44 (0) 20 7920 3150 / [email protected]

 

Canaccord Genuity Limited ("Canaccord"), which is authorised and regulated by the Financial Conduct Authority ("FCA") in the United Kingdom, is acting exclusively as the Company's nominated adviser and broker. Canaccord will not regard any other person (whether or not a recipient of this announcement) as a client and will not be responsible to anyone for providing the protections afforded to its clients or for providing advice in relation to the cancellation of trading on AIM or any matters referred to in this announcement. Neither Canaccord nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) in connection with this announcement, any statement contained herein or otherwise.

 

Lazard & Co., Limited ("Lazard") is authorised and regulated in the United Kingdom by the FCA. Deutsche Bank AG is authorised under German Banking Law (competent authority: European Central Bank) and, in the United Kingdom, by the Prudential Regulation Authority ("PRA"). It is subject to supervision by the European Central Bank and by BaFin, Germany's Federal Financial Supervisory Authority, and is subject to limited regulation in the United Kingdom by the PRA and FCA. Deutsche Bank AG is a joint stock corporation with limited liability incorporated in the Federal Republic of Germany, Local Court of Frankfurt am Main, HRB No. 30 000; Branch Registration in England and Wales BR000005 and Registered Address: Winchester House, 1 Great Winchester Street, London EC2N 2DB. Deutsche Bank AG, London Branch ("Deutsche Bank") is a member of the London Stock Exchange. Details about the extent of its authorisation and regulation by the PRA, and regulation by the FCA are available on request or from www.db.com/en/content/eu_disclosures.htm. Each of ‎Lazard and Deutsche Bank ‎is acting for the Company only and no other person in connection with Admission and will not regard any other person (whether or not a recipient of this announcement) as a client in relation to Admission and will not be responsible to any person other than the Company for providing the protections afforded to its respective clients or for providing advice in relation to Admission or any matters referred to in this announcement. Neither Lazard, Deutsche Bank nor any of their respective affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not one of its respective clients in connection with this announcement, any statement contained herein or otherwise.

 

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