Earthport PLC Issue of Equity (9115A)
March 29 2017 - 8:20AM
UK Regulatory
TIDMEPO
RNS Number : 9115A
Earthport PLC
29 March 2017
29 March 2017
Earthport plc
("Earthport" or "Company")
Issue of Equity
Earthport (AIM: EPO) has issued and allotted 440,000 new
ordinary shares in the capital of the Company ("Ordinary Shares")
in lieu of fees.
Accordingly, application has been made for the 440,000 new
Ordinary Shares to be admitted to trading on AIM and it is expected
that admission will take place on 4 April 2017.
The new Ordinary Shares will rank pari passu with the existing
Ordinary Shares of the Company.
Following admission, the Company's enlarged issued share capital
will comprise 488,190,409 Ordinary Shares with one voting right per
share. No Ordinary Shares are held in Treasury. The total number of
voting rights in the Company is therefore 488,190,409.
This figure of 488,190,409 Ordinary Shares may be used by
shareholders in the Company as the denominator for the calculations
by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of
the Company under the FCA's Disclosure Guidance and Transparency
Rules.
For further information, please contact:
Earthport plc
Vinode Ramgopal /Phil Hickman 020 7220 9700
Newgate Communications 020 7653 9848
Bob Huxford / James Ash / James
Browne
N+1 Singer (Nominated Adviser
and Joint Broker) 020 7496 3000
Mark Taylor / James White
Shore Capital (Joint Broker) 020 7408 4090
Bidhi Bhoma / Toby Gibbs
About Earthport:
Earthport provides cross-border payment services to banks and
businesses. Through a single relationship with Earthport, clients
can seamlessly manage payments to almost any bank account in the
world, reducing costs and complexity to meet their customers'
evolving expectations of price, speed and transparency.
Earthport offers clients access to global payment capability in
190+ countries and territories, with local ACH (Automated Clearing
House) options in 60+ countries and an evolving suite of currencies
and settlement options.
Earthport continues to invest in the establishment of in-country
bank partnerships across the world, bringing together its deep
market and regulatory expertise in order to maintain compliant and
commercially competitive services.
The result - a global payments network accessed via a single
relationship, delivering significant cost and operating
efficiencies for banks and businesses servicing high volumes of
lower value payments.
Headquartered in London with regional offices in New York,
Dubai, Miami and Singapore, Earthport is a public company, traded
on the London Stock Exchange (AIM: EPO.L) with an institutional
investor base including World Bank IFC, Oppenheimer, Blackrock,
Henderson.
Please visit www.earthport.com for more information.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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