18 Jan 2016 07:00
18 January 2016
Earthport plc
("Earthport", the "Company" or the "Group")
Delivery/Issue of Shares
Earthport plc (AIM: EPO.L) today announces that Hank Uberoi (Chief Executive) became entitled to 2,000,000 ordinary shares of 10 pence each in the capital of the company in connection with the vesting of previously granted and announced restricted stock units, which were part of his remuneration for specific years. 1,060,000 ordinary shares were transferred to him for no payment by the trustee of the company's employee share ownership plan trust and the balance of the ordinary shares were retained by the trustee in settlement of tax withholding obligations.
Following this, Mr Uberoi's aggregate controlled interest in Earthport totals to 26,980,121 ordinary shares, representing 5.66 per cent. of the issued share capital of the Company.
For further information, please contact:
Earthport plc Hank Uberoi, Chief Executive Officer Simon Adamiyatt, Chief Financial Officer
| 020 7220 9700 |
Panmure Gordon Mark Taylor / Fred Walsh
| 020 7886 2500 |
Newgate Bob Huxford / Helena Bogle | 020 7653 9850
|
About Earthport Earthport is the largest open global bank payment network, serving financial institutions, ecommerce companies and money transfer organisations. With one connection to Earthport, our clients - representing some of the world's most respected brands - benefit from the wide range of cost effective cross border payment options, coupled with sophisticated validation and compliance services.
Earthport is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. Earthport plc is authorised and regulated by the Financial Conduct Authority under the Payment Service Regulations 2009 for the provision of payment services. One of the FinTech50, Earthport has been defined as a disruptive force, transforming the future of finance, and is also the recipient of the 2015 Grant Thornton Technology company of the year award and FStech Retail Systems' 2014 B2B Payments Innovation of the Year. Find out more at www.earthport.com and on Twitter @Earthport,LinkedIn, YouTube, Slideshare and Google+.