Planet Payment Inc. Director's Share Dealings (9546G)

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RNS Number : 9546G

Planet Payment Inc.

13 June 2013

   Date:                            13 June 2013 
   On behalf of:                 Planet Payment, Inc. ("the Company" or "Planet Payment")

For immediate release

Planet Payment, Inc.

Director's Share Dealings

Planet Payment, Inc. (UK: LSE:AIM: PPT and PPTR; USA: NASDAQ: PLPM), a leading provider of international payment processing and multi-currency processing services, received notification on 12 June 2013 of the following share dealings by a Director.

On 12 June 2013 Mr. Beck advised the Company that he has ceased to be interested in 97,000 Common Shares, which are owned by his children who have now turned 21 years old.

Mr. Beck also advised the Company of the following sales of Common Shares:

 
   Director     No. of      Date of      Transaction    Average      Total No Shares     Percentage 
                 Shares    Transaction                  Price per    post-Transactions    of Voting 
                                                          Share                           Interests 
                            12 June 
 Philip Beck     59,753       2013          Sales        $2.85               2,476,293       4% 
               --------  -------------  ------------  -----------  -------------------  -----------

17,653 of the Common Shares were sold in an off market transaction and the remaining 42,100 Common Shares were sold through the NASDAQ stock market.

Investors may note that this press release is required in accordance with London Stock Exchange plc AIM rules governing share transactions by directors and is in addition to the usual SEC filings that have been made by Mr. Beck in the ordinary course. London Stock Exchange plc AIM rules require a press release to be issued whenever there is a share transaction by a director.

Enquiries:

 
 Planet Payment, Inc.                           Tel: + 1 516 670 3200 
  Graham N. Arad                                 www.planetpayment.com 
 Redleaf Polhill (UK PR for Planet Payment)     Tel: +44 20 7382-4730 
  Emma Kane / Rebecca Sanders-Hewett/ David      planet@redleafpolhill.com 
  Ison 
 ICR (US IR for Planet Payment)                 Tel: +1 646 277 1212 
  Contacts: Don Duffy / Dara Dierks 
 Canaccord Genuity Ltd (UK) (Nomad for Planet   Tel: +44 20 7523 8000 
  Payment) 
  Simon Bridges / Andrew Chubb

About Planet Payment

Planet Payment is a leading provider of international payment processing and multi-currency processing services. We provide our services in more than 20 countries and territories across the Asia Pacific region, North America, the Middle East, Africa and Europe, primarily through our more than 50 acquiring bank and processor customers. Our point-of-sale and e-commerce services help merchants sell more goods and services to consumers, and together with our ATM services are integrated within the payment card transaction flow enabling our acquiring customers, their merchants and consumers to shop, pay, transact and reconcile payment transactions in multiple currencies, geographies and channels.

Planet Payment is headquartered in New York and has offices in Atlanta, Beijing, Bermuda, Delaware, Dubai, Dublin, London, Hong Kong, Mexico City, Shanghai and Singapore. Visit www.planetpayment.com for more information about the Company and its services. For up-to-date information follow Planet Payment on Twitter at @PlanetPayment or join Planet Payment's Facebook page.

This information is provided by RNS

The company news service from the London Stock Exchange

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