10 May 2018 07:00
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.
Mi-Pay Group plc
("Mi-Pay" or the "Group" or the "Company")
Director Dealing
Mi-Pay (AIM: MPAY), the leading provider of outsourced digital transformation and mobile payment solutions to Tier 1 Mobile Network Operators and Mobile Virtual Network Operators, announces that it has today been notified of the following dealing by a Director of the Company.
Michael Dickerson, Executive Chairman, through his investment company Milestone CPH Holding Aps, has purchased 122,000 ordinary shares of £0.10 each ('Ordinary Shares') at a price of 10.5 pence per share. Following this dealing Michael is interested in 2,692,553 Ordinary Shares representing 5.89% per cent. of the issued ordinary share capital.
For further information, please contact:
Mi-Pay Group plc | IFC Advisory | Zeus Capital |
Tel: +44 207 112 2129 | Tel: +44 203 934 6630 | Tel: +44 161 831 1512 |
Michael Dickerson | Graham Herring | Andrew Jones |
John Beale | Tim MetcalfeHeather Armstrong | Jamie Peel |
About Mi-Pay Group
Founded in 2003, Mi-Pay Group enables clients to transform their customers' payment journey and move them from paper to digital, improving the overall customer experience and delivering more choice and flexibility for pre-paid customers. Our product offering provides the infrastructure to enable pre-paid mobile devices to be topped up via a variety of channels such as websites, mobile applications and social media applications. Customers include Mobile Network Operators (MNOs) and Mobile Virtual Network Operators (MVNOs). Our fully outsourced online payments solutions are enhanced by a fully integrated suite of risk management tools to provide the highest level of payment fraud management and data security for our clients and their customers. Mi-Pay sells, integrates and operates its products and solutions on a global basis. For further information, please visit www.Mi-Pay.com or the contact details as shown above.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Michael Clay Dickerson | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Mi-Pay Group plc | ||||
b) | LEI | 2138007RP7IW242BY580 | ||||
4
| 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, type of instrument Identification code | Ordinary shares of 10p ISIN: GB00B0N59376 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 10 May 2018 | ||||
f) | Place of the transaction | London | ||||