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Director/PDMR Shareholding

22 May 2018 11:46

RNS Number : 8905O
Earthport PLC
22 May 2018
 

22 May 2018

 

Earthport Plc

("Earthport" or the "Company")

 

Purchase of shares / PDMR Shareholding

 

Earthport plc (AIM: EPO.L) today announces that Hank Uberoi (Executive Chairman) bought on Monday, 21st May 2018 in the open market 250,000 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") at a price of 9.1 pence per Ordinary Share.

 

Following this, Mr Uberoi's aggregate controlled interest in Earthport totals to 28,158,120 ordinary shares, representing 4.52 per cent. of the issued share capital of the Company.

 

 

 

 

 

For further information, please contact:

 

Earthport Plc 020 7220 9700

Phil Hickman, Chief Executive Officer (Interim)

Hank Uberoi, Executive Chairman

 

Newgate 020 7653 9848

Bob Huxford / James Ash / James Browne

 

N+1 Singer (Nomad & Joint Broker) 020 7496 3000

Mark Taylor / James White

 

Shore Capital (Joint Broker)  020 7408 4090

Toby Gibbs / Stephane Auton

 

 

About Earthport

Earthport provides cross-border payment services to banks and businesses. Through a single relationship with Earthport, clients can seamlessly manage payments to almost any bank account in the world, reducing costs and complexity to meet their customers' evolving expectations of price, speed and transparency.

Earthport offers clients access to global payment capability in 200+ countries and territories, with local ACH options in 65+ countries and an evolving suite of currencies and settlement options.

Earthport continues to invest in the establishment of in-country bank partnerships across the world, bringing together its deep market and regulatory expertise in order to maintain compliant and commercially competitive services.

The result - a global payments network accessed via a single relationship, delivering significant cost and operating efficiencies for banks and businesses servicing high volumes of lower value payments.

Headquartered in London with regional offices in New York, Dubai, Miami and Singapore, Earthport is a public company, traded on the London Stock Exchange (AIM: EPO).

Please visit www.earthport.com for more information.

1

Details of PDMR/person closely associated with them ("PCA")

(a)

Name

Hank Uberoi

(b)

Position / status

Executive Chairman

(c)

Initial notification / amendment

Initial notification

2

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

Description of the financial instrument

Ordinary shares of 10p each

 

Legal Entity Identifier

213800RCIAV2VC3HYP60

(b)

Nature of the transaction

Purchase of ordinary shares

(c)

Price(s) andvolume(s)

Exercise price(s)

Volume(s)

 

9.1 pence

250,000

 

 

(d)

Aggregated information

Aggregated volume Price

n/a

(e)

Date of the transaction

21 May 2018

(f)

Place of the transaction

Outside of a trading venue

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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