21 Jul 2016 12:43
21st July 2016
Earthport plc
("Earthport", or, the "Company")
Issue of Equity
The Company has issued and allotted 155,836 new ordinary shares in the capital of the Company ("Ordinary Shares") lieu of fees.
Accordingly, application has been made for the 155,836 new Ordinary Shares to be admitted to trading on AIM and it is expected that admission will take place on 22 July 2016.
The new Ordinary Shares will rank pari passu with the existing Ordinary Shares of the Company.
Following Admission, the Company's enlarged issued share capital will comprise 476,952,738 Ordinary Shares with one voting right per share. No Ordinary Shares are held in Treasury. The total number of voting rights in the Company is therefore 476,952,738.
This figure of 476,952,738 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 FCA's Disclosure and Transparency Rules.
For further information, please contact:
Earthport plc 020 7220 9700
Hank Uberoi, Chief Executive Officer
Simon Adamiyatt, Chief Financial Officer
Panmure Gordon (Nomad and Joint Broker) 020 7886 2500
Fred Walsh / Charles Leigh-Pemberton / Duncan Monteith
N+1 Singer (Joint Broker) 020 7496 3000
Shaun Dobson / James White
Shore Capital (Joint Broker) 020 7408 4090
Bidhi Bhoma / Toby Gibbs
Newgate Communications 020 7653 9848
Bob Huxford / Helena Bogle
About Earthport
Earthport is a regulated financial institution providing cross-border payments services to banks, eCommerce providers, money transfer companies and payment aggregators. Earthport is headquartered in London with regional offices in New York, Miami, Dubai and Singapore. Earthport provides its clients with access to a global network of banking partners, through which payments are settled directly via local clearing to beneficiaries in over 60 countries. Earthport's worldwide network is revolutionising global payments, providing a more cost efficient, transparent and reliable solution to the industry. Through a single relationship, clients benefit from sophisticated validation, message transformation and compliance services, efficiently serving their customers with more innovative payment products. Earthport is a public company, traded on the London Stock Exchange (AIM: EPO) with an institutional investor base including World Bank IFC, Oppenheimer, Blackrock, Henderson. Please visit www.earthport.com for more information.