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Issue of Equity

29th Aug 2017 07:00

RNS Number : 0575P
Paysafe Group PLC
29 August 2017
 

29 August 2017

 

Paysafe Group plc (the "Company")

Issue of Equity

Paysafe Group plc (LSE: PAYS) announces that an application has been made to the UK Listing Authority and the London Stock Exchange for the admission of 3,210,400 ordinary shares ("Shares") of 0.01 pence each to the Official List and to trade on the Main Market of the London Stock Exchange.

 

These Shares will be allotted as consideration to the vendors of TK Global Partners LP ("Meritus") to satisfy the Company's obligations in line with the amended terms of the Meritus acquisition announced on 24 July 2015.

 

All Shares to be issued described above will rank pari passu in all respects with the existing ordinary shares. Admission of the Shares is expected to be effective on 1 September 2017.

 

 

For further information, contact:

 

Paysafe Group plc

Elaine Quine, Company Secretary + 44 (0) 16 2469 8700

 

 

 

 

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