Issue of Shares
01/08/10
Planet Payment [UK: LSE:AIM: PPT and PPTR; USA: OTCQX: PLPM], a leading international multi-currency payment and data processor, announces the following changes in its issued share capital.
The Company has applied to AIM for 240,187 new Common Shares in aggregate to be admitted to trading. The shares are to be issued to the holders of Convertible Promissory Notes, principally funds managed by Camden Partners, as a result of the payment of annual interest on such Notes which were issued in 2007 and 2008. These new shares are to be admitted to the Reg. S line trading under PPTR and are issued at a price of £1.05 per share ($1.70). Following admission of these shares, Camden Partners related entities will hold a total of 1,726,830 shares representing 3.8% of the voting rights of the Company.
Following the admission of all of the above shares the Company will have a total of 39,170,213 issued and outstanding Common Shares of which 26,318,170 Shares will be trading on AIM under the ticker PPT, the unrestricted line and 12,852,043 Shares will be trading on AIM under the ticker PPTR, the Reg S line. All unrestricted shares are tradable on the OTCQX in the United States under the ticker PLPM.
Dealings in the above shares are expected to commence on 13 January 2010.
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Enquiries to:
Planet Payment, Inc.
Graham N. Arad, SVP & General Counsel Tel: + 1 516 670 3200
www.planetpayment.com
Redleaf Communications Ltd (UK PR for Planet Payment)
Emma Kane / Rebecca Sanders-Hewett / Henry Columbine planet@redleafpr.com
Tel: +44 20 7566 6700
CJP Communications (US PR for Planet Payment)
Emily Cleary/ Thomas Rozycki Tel: +1 212 279 3115 x257
ecleary@cjpcom.com
Canaccord Adams Limited (UK) (Nomad for Planet Payment)
Mark Williams and Andrew Chubb
Tel +44 20 7050 6500
Canaccord Adams, Inc. (US) (DAD for Planet Payment)
Andy Viles Tel: +1 617 371 3900
About Planet Payment®
Planet Payment’s Common shares trade in the UK on AIM under the symbols PPT for unrestricted Common shares and PPTR for Reg S Common shares and in the United States on the OTCQX under the symbol PLPM.
Planet Payment enables processors, acquiring banks and their merchants to accept, process and reconcile credit card transactions in multiple currencies, allowing cardholders to view prices and settle transactions in their native currency. The Pay in Your Currency service is a component of Planet Payment’s suite of multi-currency processing solutions, which include a multi-currency pricing e-commerce service and a Dynamic Currency Conversion service. Planet Payment’s BuyVoice™, a mobile payment and commerce solution, allows merchants to accept payments and sell product to customers using any mobile or landline phone. With the iPAY™ gateway, Planet Payment also offers comprehensive Internet processing solutions for credit card and electronic check payments.
Planet Payment is headquartered in New York and has offices in Atlanta, Beijing, Bermuda, Delaware, London, Hong Kong, Shanghai and Singapore.
Brand Guidelines
As our customer base grows, we thought it would be useful to provide a set of branding guidelines and accompanying logos for the partners and merchants who want to add the availability of our services to their existing marketing and communication materials. The Planet Payment Logo has two versions: one for print and another for on-screen/digital applications.
The logo is comprised of a combination of blue:PMS 288 and gray: Cool Gray 10. The logo may also be reproduced in one color: PMS 288, Cool Gray No. 10, PMS 425, Black, or White. The typography of the logo is the font Univers 65. The Planet Payment logo works best on a bright white background and is never to be reproduced smaller than 1/2’’ in size.
If you represent a business partner and require a “Powered by Planet Payment” logo, please contact us today.
Printable version
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