Notification Of Major Interests In Shares
07/29/09
Planet Payment [LSE:AIM: PPT and PPTR; OTCQX: PLPM], a leading international multi-currency payment and data processor, announces that it has been notified of the following relevant changes in significant shareholder holdings.
On 28 July 2009, the Company received the following notifications of changes in Major Interests in its Shares.
The Company was notified by Camden Partners Strategic Manager, LLC that its related parties (as defined in the Company’s By-Laws) (collectively “Camden”) had acquired 557,075 Common Shares (trading under PPTR, USU72603100). Camden now has an interest in a total of 1,507,367 Common Shares, which represent 3.6% of the voting rights of the Company (following admission of the shares on 23 July 2009), an increase from its previous holding of less than 3%. As previously announced, Camden also holds convertible debt issued by the Company (convertible into Common Stock) totaling approximately $8.2 million.
In addition Inter-Atlantic Fund, LP had acquired 316,428 Common Shares (trading under PPTR, USU72603100). Inter-Atlantic now owns a total of 1,281,660 Common Shares which represent 3.1% of the voting rights of the Company as of 23 July 2009, an increase from its previous holding of less than 3%. As previously announced, Inter-Atlantic also holds long term debt issued by the Company totaling $4 million and associated Warrants for Common Shares.
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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
ICR, Inc. (US IR for Planet Payment)
Brian Prenoveau, CFA Tel: +1 203 682 8200
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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