Planet Payment Inc. Block Admission (1741W)
January 23 2013 - 4:00AM
UK Regulatory
TIDMPPT TIDMPPTR
RNS Number : 1741W
Planet Payment Inc.
23 January 2013
Date: 23 January 2013
On behalf of: Planet Payment, Inc. ("the Company" or "Planet Payment")
Embargoed until: 0900
Planet Payment Block Admission Application
Planet Payment, Inc. (USA: NASDAQ: PLPM; UK: LSE: AIM: PPT and
PPTR), hereby provides notification that application has been made
to the London Stock Exchange for admission to trading on AIM in
respect of a block admission of 10,700,000 Common Shares of $0.01
each in the PPT (unrestricted) line ("New Common Shares"),
representing approximately 19.9% of the current issued share
capital of the Company
The New Common Shares will be issued from time to time pursuant
to the exercise of employee share options under the 2006 Equity
Incentive Plan, the 2012 Equity Incentive Plan and the 2012
Employee Stock Purchase Plan. On exercise the New Common Shares
will be issued credited as fully paid and will rank pari passu with
the existing Common Shares in issue.
It is expected that such admission will become effective on 29
January 2013 at which time all of the Company's existing block
schemes will cease to be effective. Set out at the end of this
announcement is the final block admission return for the existing
block listing.
Enquiries:
Planet Payment, Inc. Tel: + 1 516 670 3200
Graham Arad, SVP General Counsel www.planetpayment.com
Canaccord Genuity Ltd. (UK) (Nomad for Planet Payment) Tel +44 20 7050 6500
Simon Bridges and Andrew Chubb
Block Admission Return
Date: 22 January 2013
Name of applicant: Planet Payment, Inc.
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Name of scheme: 2006 Equity Incentive Plan
--------------------------------------------------- -----------------------------------------------------------------
Period of return: From: 1 March 2012 To: 22 January 2013
-------------------------- ----------------------- ------------------------ -------------- -----------------------
Balance of unallotted securities under scheme(s)
from previous return: 10,090,859
--------------------------------------------------- -----------------------------------------------------------------
Plus: The amount by which the block scheme(s) has
been increased since the date of the last
return (if any increase has been applied for): 0
--------------------------------------------------- -----------------------------------------------------------------
Less: Number of securities issued/allotted under
scheme(s) during period (see LR3.5.7G): 519,058
--------------------------------------------------- -----------------------------------------------------------------
Equals: Balance under scheme(s) not yet
issued/allotted at end of period: 9,571,801
--------------------------------------------------- -----------------------------------------------------------------
Class of Securities issued under scheme Common Stock of $0.01 par value each
--------------------------------------------------- -----------------------------------------------------------------
Total Number of Securities of Applicant issued as 53,701,357 issued and outstanding shares of Common Stock of
at the end of the period of this return. which 2,091,127 Common Shares
are admitted under the ticker PPTR, the Reg. S line, and
51,610,230 Common Shares are admitted
on AIM under the ticker PPT
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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