12 May 2014 07:00
12 May 2014
Earthport plc
("Earthport" or "Company)
Issue of Shares
The Company has issued and allotted 159,828 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 159,828 new ordinary shares to be admitted to trading on AIM and it is expected that admission will take place on 15 May 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 394,884,781 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 394,884,781.
This figure of 394,884,781 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 Fred Walsh
| 020 7886 2500 |
Newgate Threadneedle Fiona Conroy / Caroline Forde / 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.