Directors’ Dealings
01/08/10
Planet Payment [UK: LSE:AIM: PPT and PPTR; USA: OTCQX: PLPM], a leading international multi-currency payment and data processor, announces that it received notification yesterday that Graham Arad, a director of Planet Payment, has disposed of a total of 14,400 of his Common Shares effective 4 January 2010 by way of gift, without receipt of any consideration to a family member, as part of his family and estate planning. Following the disposition of the 14,400 Common Shares, Mr. Arad is interested in 1,233,806 Common Shares in the Company representing 2.7 per cent. of the voting interests in the Company. In addition, also as part of his estate planning, Mr. Arad gifted 40,000 Common Shares to his children whose interests are collated with his own for the purposes of the AIM Rules for Companies.
The Company also received notification yesterday that Philip Beck, the Chairman and CEO of Planet Payment, has gifted a total of 75,000 Common Shares to his children, whose interests are collated with his own for the purposes of the AIM Rules for Companies. There is therefore no change in Mr. Beck’s interests in the Company as a result, which is 3.72% of the voting interests. In addition, Mr. Beck was granted an option exercisable into 75,000 Common Shares (“Option”), as part of his annual compensation package approved by the Remuneration Committee of the Board. The Exercise Price of the Options is $1.70 per share which was the equivalent of the closing price of the PPTR stock on Monday January 4, 2010 (£1.05). The Options vest over three years and have a life of 10 years from the date of grant, in both cases subject to continuation in office.
-ends-
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
return
