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Purchase of own shares

11th Oct 2016 08:33

RNS Number : 2104M
SafeCharge International Group Ltd
11 October 2016
 

SafeCharge International Group Limited

 ("SafeCharge" or the "Company")

 

Purchase of own shares

 

SafeCharge (AIM: SCH), a leader in advanced payment technologies, announces that on 10 October 2016, it purchased for treasury 1,900,000 ordinary shares of US$0.0001 in the Company ("Ordinary Shares") at price of 215 pence per share.

The purchased shares will be held in treasury with the expectation that they will be utilised to satisfy the exercise of existing or vested options by employees as and when required.

 

- ends -

 

Enquiries

 

SafeCharge International Group Limited

Tim Mickley

David Avgi

c/o Bell Pottinger

 

+44 (0) 20 3772 2500

Shore Capital

Dru Danford

Mark Percy

Toby Gibbs

 

+44 (0) 20 7408 4090

Bell Pottinger

David Rydell

Olly Scott

James Newman

Anna Legge

 

+44 (0) 20 3772 2500

 

 

About SafeCharge

 

SafeCharge International Group Limited is a global provider of payments services, technologies and risk management solutions for online and mobile businesses. The SafeCharge group has a diversified, blue chip client base and is a trusted payment partner for customers from various e-commerce verticals. SafeCharge has been Payment Card Industry Data Security Standard ("PCI-DSS") Level 1 certified since 2007 and is listed on the London Stock Exchange AIM market (LSE: SCH). The Company's wholly owned subsidiary, SafeCharge Limited, is an authorized Electronic Money Institution regulated by the Central Bank of Cyprus and a principal member of MasterCard Europe and VISA Europe. The SafeCharge group has operations in the UK, Cyprus, Bulgaria, Israel, Germany, Austria and Ireland.

 

http://www.safecharge.com/

 

 

 

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