29 Nov 2011 15:57
29 November 2011
Earthport plc ("Earthport" or the "Company")
Warrant Exercise and Issue of Equity
Earthport has applied to the London Stock Exchange for 227,273 new ordinary shares of 10 pence each to be admitted to trading on AIM. These shares have been issued in relation to the exercise of warrants.
It is expected that Admission will become effective on or around 5 December 2011. The New Ordinary Shares will rank pari passu in all respects with the existing issued Ordinary Shares.
Following Admission, the Company's enlarged issued share capital will comprise 255,847,870 ordinary shares with one voting right per share. No shares are held in Treasury. The total number of voting rights in the Company is therefore 255,847,870.
This figure of 255,847,870 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.
- Ends -
For further information:
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| Earthport plc Hank Uberoi / Zafar Karim | 020 7220 9700 | ||
| FTI Consulting Jonathon Brill / Alex Beagley | 020 7831 3113 | ||
| Panmure Gordon Katherine Roe | 020 7459 3600 | ||
| Charles Stanley Securities Mark Taylor / Darren Vickers | 020 7149 6000 | ||
About Earthport
Earthport plc, a global financial services organisation, is a market leader in the provision of white-label cross border payment services. Through its international platform, Earthport provides low cost, secure, high volume global payment capabilities in 200 countries worldwide.
The company has been making national and international payments and collections since 1998, and is regulated through its UK Financial Services Authority (FSA) status and SWIFT membership. Providing a transparent and reliable service, partners include some of the largest financial institutions and corporations in the world.
Earthport operates worldwide and is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. To learn more, please visit www.earthport.com and follow us on Twitter @Earthport.