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Issue of Shares

8 Apr 2014 10:42

RNS Number : 3161E
Earthport PLC
08 April 2014
 



8 April 2014

Earthport plc

("Earthport" or "Company)

 

Issue of Shares

The Company has issued and allotted 120,000 new ordinary shares pursuant to the exercise of options at an exercise price of 25 pence per ordinary share.

Accordingly, application has been made for the 120,000 new ordinary shares to be admitted to trading on AIM and it is expected that admission will take place on 11 April 2014.

The new ordinary shares will rank pari passu with the existing shares of the Company.

Following Admission, the Company's enlarged issued share capital will comprise 394,239,156 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 394,239,156.

This figure of 394,239,156 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

Hank Uberoi

 

020 7220 9700

Charles Stanley Securities

Mark Taylor / Paul Brotherhood

 

020 7149 6000

Panmure Gordon

Katherine Roe / Fred Walsh / Grishma Patel

 

020 7886 2500

Newgate Threadneedle

Fiona Conroy / Caroline Evans-Jones / Josh Royston / Jasper Randall

 

020 7653 9850

 

About Earthport

 

Earthport plc, a regulated global financial services organisation, specialises in the provision of a white label cross-border payments service.

 

Through its innovative payments framework, specifically designed for high volumes of low value cross-border payments, Earthport provides a cost-effective and transparent service for secure international payments. Earthport's clients include banks, money transfer organisations, payment aggregators, e-commerce businesses and foreign exchange businesses. Through Earthport's well established payments infrastructure, clients can clear and settle payments directly to banked beneficiaries in 60 countries.

 

The company is headquartered in London and is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. It operates globally with additional regional offices in Dubai and New York. Earthport plc isauthorisedand regulated by the Financial Conduct Authority under the Payment Service Regulations 2009 for the provision of payment services. To learn more, please visit www.earthport.com and follow us via RSS or on social channels, Twitter @Earthport, LinkedIn, Youtube and Slideshare.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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