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28 Feb 2013 16:28
28 February 2013
Earthport plc ("Earthport" or the "Company)
Warrant Exercise
Earthport has applied to the London Stock Exchange for 2,500,000 new ordinary shares of 10 pence each to be admitted to trading on AIM. These shares have been issued in relation to the exercise of warrants. It is expected that Admission will become effective on 5 March 2013. The new ordinary shares will rank pari passu in all respects with the existing ordinary shares of the Company.
Following the above admission, the Company's enlarged issued share capital will comprise 350,292,433 ordinary shares with one voting right per share. There are no shares held in treasury and the total number of voting rights in the Company is therefore 350,292,433.
The figure of 350,292,433 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 change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.
For further information, please contact:
Earthport plc Hank Uberoi / Chris Cowlard/Paul Thomas
| 020 7220 9700 |
Panmure Gordon Fred Walsh / Victoria Boxall
| 020 7886 2500 |
Charles Stanley Securities Mark Taylor / Paul Brotherhood
| 020 7149 6000 |
Newgate Threadneedle Caroline Evans-Jones/ Josh Royston/ Fiona Conroy | 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 customers include banks, foreign exchange businesses, money transfer organisations, payment aggregators and e-commerce businesses. Through Earthport's well established payments infrastructure, customers can clear and settle payments directly to banked beneficiaries in over 50 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 is authorised and regulated by the Financial Services Authority under the Payment Service Regulations 2009 for the provision of payment services. To learn more, please visit www.earthport.com and follow us on Twitter @Earthport
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