Digital Payments plc Issue of new ordinary share/holdings
July 15 2014 - 9:02AM
UK Regulatory
TIDMDPP
Issue of new ordinary share/holdings
Digital Payments Plc
Subscription to raise GBP 2,379,000
Issue of new ordinary shares/holdings
The Board of Digital Payments plc ("Digital Payments" or the "Company"), the GXG Main Quote investing
company focusing on investment and acquisition opportunities in payment transaction and message processing
services is pleased to announce that it has completed an equity subscription to raise an additional GBP
2,379,000 though the issue of a further 118,950,000 new ordinary shares of 1p each in the capital of the
Company (representing approximately 70.40 per cent. of the Company's existing issued ordinary share
capital) at a price of 2 pence per share.
The funds raised strengthen the Company's financial position and give it the flexibility to take advantage
of potential investment opportunities within the payment transaction and message processing services.
Following the subscription, the Company is aware of the following significant shareholdings in its enlarged
issued ordinary share capital:
Name Number of shares Percentage
Mr Vladislav Popeta 76,200,000 45.10%
Mr Andrey Popeta 39,650,000 23.47%
Mr Mikhail Raskin 39,650,000 23.47%
Mr Mikhail Raskin is a director of the Company.
Mr Vladislav Popeta and Mr Andrey Popeta consider themselves to be a concert party for the purposes of Rule
9 of the UK Takeover Code. Application has been made for the new ordinary shares, which rank pari passu
with the Company's existing issued ordinary shares, to be admitted to trading on GXG Main Quote. Admission
is expected to become effective and dealings to commence on or around 16 July 2014. The enlarged issued
share capital of Digital Payments with voting rights attached consists of 168,950,000 ordinary shares of 1p
each with one vote per ordinary share. The total number of voting rights in Digital Payments is therefore
168,950,000, which figure may be used by shareholders (and others with notification obligations) as the
denominator for the calculations by which they will determine whether they are required to notify their
interest, or a change to their interest, in Digital Payments under the UK Financial Conduct Authority's
Disclosure and Transparency Rules.
The Directors of the Issuer accept responsibility for the contents of this announcement.
FOR FURTHER INFORMATION PLEASE CONTACT:
David Carr - CEO
Digital Payments Plc
Telephone: +44 207493 0387
Email: press@digitalpaymentsplc.com
GXG Corporate Advisor
Nick Michaels and Jon Isaacs
Alfred Henry Corporate Finance Limited
www.alfredhenry.com
Tel: +44 207251 3762
15 July 2014
- ENDS -
Digital Payments plc
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