Planet Payment Inc. Director's Share Dealings (9021T)
November 26 2013 - 2:01AM
UK Regulatory
TIDMPPT TIDMTTM
RNS Number : 9021T
Planet Payment Inc.
26 November 2013
Date: 26 November 2013
On behalf of: Planet Payment, Inc. ("the Company" or "Planet Payment")
Embargoed until: 0700 hrs
Planet Payment, Inc.
Director's Share Dealings
Planet Payment, Inc. (NASDAQ: PLPM; LSE:AIM: PPT ), a leading
provider of international payment and transaction processing and
multi-currency processing services, received notification on 25
November 2013 of the following share dealings by a Director.
On 25 November 2013 Mr. Arad advised the Company that on 25
November 2013 he had transferred 26,250 shares by way of gift
without consideration in connection with family and estate
planning.
Mr. Arad also advised the Company of the following sale of
Common Shares:
Director No. Date of Transaction Average Total No Percentage
of Transaction Price Shares of Voting
Shares per Share post-Transactions Interests
---------- -------- ------------- ------------ ----------- ------------------- -----------
Graham 25 November
Arad 40,000 2013 Sale $2.50 963,489 1.6%
---------- -------- ------------- ------------ ----------- ------------------- -----------
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. Arad 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.
About Planet Payment
Planet Payment is a leading provider of international payment
and transaction processing and multi-currency processing services.
We provide our services in 22 countries and territories across the
Asia Pacific region, North America, the Middle East, Africa and
Europe, primarily through our more than 60 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
ww.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.
Enquiries:
Planet Payment, Inc. Tel: + 1 516 670 3200
Graham N. Arad, SVP General Counsel www.planetpayment.com
Redleaf Polhill (UK PR for Planet Tel: +44 207 382 4730
Payment) planet@redleafpolhill.com
Emma Kane / Rebecca Sanders-Hewitt
/ David Ison
Canaccord Genuity Ltd (Nomad for Planet Payment)
Simon Bridges / Cameron Duncan Tel: +44 20 7523 8000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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