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Increase in Shareholding of a Director

13th Dec 2016 07:30

RNS Number : 6365R
Paysafe Group PLC
13 December 2016
 

 

 

 

 

 

 

13 December 2016

 

 

 

Paysafe Group plc

 

Increase in Shareholding of a Director

 

Paysafe Group plc (LSE: PAYS, the "Company") has been notified by Brian McArthur-Muscroft, Chief Financial Officer of the Company, that on 12 December 2016 he exercised options over 516,844 Ordinary Shares of 0.01p each in the Company ("Shares"), in respect of the awards granted to him under the Company's Long-Term Incentive Plan, at an exercise price of 0.01p per Share.

 

243,778 shares have been sold on the open market at a price of 371.85p per share to satisfy tax and national insurance obligations and the option cost of the exercise. All the remaining shares have been retained by Mr McArthur-Muscroft.

 

Following this transaction, Mr McArthur-Muscroft has an increased interest in a total of 273,066 Ordinary Shares, representing approximately 0.04 per cent of the issued share capital of the Company.

 

 

For further information, contact:

 

Paysafe Group plc

Michelle Singleton, VP Investor Relations

+44 (0) 20 3826 9800 / [email protected]

 

Elaine Quine, Company Secretary

+44 (0) 1624 698719 / [email protected]

 

Brunswick Group LLP

Brian Buckley / Rowan Brown

+44 (0) 20 7404 5959 / [email protected]

 

 

 

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