26 Sep 2018 13:10
SafeCharge International Group Limited
("SafeCharge" or the "Company")
Notification of Transaction by Director / PDMR
Exercise of Options
SafeCharge (AIM: SCH), a leader in advanced payment technologies, announces that David Avgi, Chief Executive Officer, has today exercised options over 3,995,185 ordinary shares in the Company (of which 1,000,000 at a price of 121.0 pence per share and 2,995,185* at a price of 225.5 pence per share). These options were granted under the Company's 2011 Global Share Option Plan. These shares were immediately sold at 325.0 pence per share.
David Avgi's holding in the Company remains unchanged, with an interest in 3,374,111** ordinary shares in the Company, equivalent to 2.2% of the total number of voting rights in the Company.
* These options have been granted to Foxberry Limited. Foxberry Limited is ultimately owned by a trust, the beneficiary of which is David Avgi.
** Including 374,111 shares held by Foxberry Limited.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||||
| a)
| Name
| David Avgi | ||||||||
| 2
| Reason for the notification
| |||||||||
| a)
| Position/status
| Chief Executive Officer | ||||||||
| b)
| Initial notification /Amendment
| Initial notification | ||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||
| a)
| Name
| SafeCharge International Group Limited | ||||||||
| b)
| LEI
| 213800MJPZ8CM92N3O79 | ||||||||
| 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 US$0.0001 value
GG00BYMK4250
| ||||||||
| b)
| Nature of the transaction
| Exercise of options under the SafeCharge 2011 Global Share Option Plan and subsequent sale of those shares | ||||||||
| c)
| Price(s) and volume(s)
|
| ||||||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
3,995,185 shares
GBP 3.250
| ||||||||
| e)
| Date of the transaction
| 26 September 2018 | ||||||||
| f)
| Place of the transaction
| London Stock Exchange, AIM | ||||||||
For further information contact:
| SafeCharge International Group Limited David Avgi, Chief Executive Officer Tsach Einav, Chief Financial Officer c/o FTI Consulting
| +44 (0) 20 3727 1725 |
| Jean Beaubois, Head of Investor Relations
| +44 (0) 7826 936619 |
| Shore Capital Mark Percy Toby Gibbs
| +44 (0) 20 7408 4090 |
| FTI Consulting Matthew O'Keeffe Elena Kalinskaya
| +44 (0) 20 3727 1725 |
About SafeCharge
SafeCharge International Group Limited (AIM: SCH) is the payment service partner for the world's most demanding businesses. SafeCharge provides global omni‐channel payments services from card acquiring and issuing to payment processing and checkout, all underpinned by advanced risk management solutions. This fully featured proprietary payment platform connects directly to all major payment card schemes including Visa, MasterCard, American Express and Union Pay as well as over 150 local payment methods. With offices around the world, SafeCharge serves a diversified, blue chip client base and is a trusted payment partner for customers across a range of vertical markets. The Company has been listed on the AIM market of the London Stock Exchange since 2014.
www.safecharge.com