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Response to share price movement

13th Dec 2016 13:54

RNS Number : 7410R
Paysafe Group PLC
13 December 2016
 

 

Response to share price movement

Paysafe Group plc (LSE: PAYS, the "Company") is aware of a report published this morning by an organisation called Spotlight Research, which has disclosed a potential short interest benefiting from any weakness in Paysafe's share price.

Paysafe confirms that all material information in the report is either factually inaccurate or has been previously disclosed. 

The Group has a history of significant, transparent disclosure to the market, publishing two prospectuses in 2015 and being subject to substantial additional scrutiny through a full UKLA listing process as part of its move to the Main Market of the London Stock Exchange.

Having reiterated its upgraded guidance for the current financial year on 8 November 2016, the Company's business continues to perform well and management is next scheduled to update the market on 12 January 2017.

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]

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
 
END
 
 
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