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PAYS Paysafe Gp

590.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Paysafe Gp LSE:PAYS London Ordinary Share GB0034264548 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 590.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
589.00 590.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 590.00 GBX

Paysafe (PAYS) Latest News

Real-Time news about Paysafe Gp (London Stock Exchange): 0 recent articles

Paysafe (PAYS) Discussions and Chat

Paysafe Forums and Chat

Date Time Title Posts
25/6/202107:33PAYSAFE - The Future of Money10,523
28/9/201710:35Paysafe50

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Paysafe (PAYS) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

Paysafe (PAYS) Top Chat Posts

Top Posts
Posted at 04/4/2021 13:13 by the juggler
I may return to the fold too! PAYS was a dream investment.
Posted at 14/1/2020 08:40 by tradertrev
UK government to ban use of credit cards for gambling - that will take the shine off the IPO price :-) Other governments to follow suit??
Posted at 05/1/2018 02:57 by aspex
Jubilees. Likewise bought first at 325p and when they got screwed by the US Justice system as low as 30.Courage returned at 40p and bought many times on the way up.Averaged out at 200p exactly so almost trebled to the final whistle. The take out was obviously planned by late 2015 and in my opinion was not too short of criminal. The IIs seem to have been seduced by easy money when it had become fairly obvious that the share price was destined for a much higher valuation and not too far away.Que sera sera.
Posted at 26/10/2017 17:36 by trentendboy
It is disgrace really - share price of other gaming stocks are flying not least SCH now over £3 and way up on the pre-PAYS deal price - very very poor
Posted at 26/9/2017 11:34 by ralphmalph
@slaccs - the share price will move if a no vote before RNS. If yes vote I would say the share price will remain exactly where it is.
Posted at 01/9/2017 08:41 by wolfhound1
@aspex - in that scenario your shares would be compulsory purchased at the deal price and you will get a cheque in the post/broker account credited

@jgoold - spot on - well said !

@phoenixchi - speculative ? lol -
anyone still long PAYS is speculative are we not ?
if not you would have sold when it went above 590p - would you not ?

Barclays research note spoke volumes - budco are looking to take all upside - and should be paying closer to 850p !! As PE discounts have shown we are getting less than half those being achieved by peers - including our own acquisition in US !!

That is hardly unreasoned speculation for a higher bid to materialise IMHO.

I have been accused of being speculative since I said share price would rise when shares were being shorted during the rights issue and several times since - I stand over my calls on the share price to date - how about your calls on the share price ?

So lets see what unfolds - we have a free put option with a 590p strike with a maturity date of 4th April 2018 - so plenty of time with downside protection built in!!

GLA, DYOR, CAVMPGAL
Posted at 30/8/2017 10:29 by george4064
Definitely:

Paysafe agreed to buy TK Global for USD150.0 million in cash and USD60.0 million in shares in 2014, with the share payments initially due in equal tranches over four years.

In 2015, Paysafe entered into an amended agreement to increase the total number of its shares to be issued to the sellers and some other parties to 12.8 million from 9.0 million.

The amendment of the deal was agreed after the dilutive hit on the value of the consideration shares caused by Paysafe's three-for-five rights issue in March that year.

The company also altered the dates for the issuance of the tranches of consideration shares and the reference price for determining whether or not the recipients are entitled to additional consideration to GBP2.75 from GBP3.93. This means an additional consideration would be payable in cash or shares if Paysafe's share price falls below GBP2.20.
Posted at 16/8/2017 12:02 by slaccs
SCHEME OF ARRANGEMENT
The Boards of Paysafe Group plc (Paysafe) and Pi UK Bidco Limited (Bidco), a newly-incorporated Company jointly-owned
by funds managed by Blackstone (the Blackstone Funds) and funds managed and/or advised by CVC, have announced that
they have reached agreement on the terms of a recommended Cash Offer to be made by Bidco for the entire issued and to
be issued Ordinary Share Capital of Paysafe. Under the terms of the Acquisition, each Paysafe Shareholder will be entitled to
receive GBP5.90 in cash per Paysafe Share.
The Acquisition values the entire issued and to be issued Ordinary Share Capital of Paysafe at approximately GBP2.96
Billion. It is intended that the Acquisition will be implemented by way of a Court-sanctioned Scheme of Arrangement under
section 152 of the Isle of Man Companies Act 1931.
In order to become effective, the Scheme must be approved by a majority in number of the Paysafe Independent
Shareholders voting at the Court Meeting. The implementation of the Scheme must also be approved by Paysafe
Shareholders at the General Meeting.
The Acquisition is expected to complete in the fourth quarter of 2017, subject to the satisfaction or waiver of the Conditions
and certain further terms which will be set out in the Scheme Document.
Terms: GBP5.90 in cash per Ordinary Share in Paysafe.
Relative Details and Dates:
Why does this not state how big a majority is required. There is no mention of 75%?
Posted at 15/8/2017 08:01 by bdog51
Article on CityWire 15 Aug - (and as an investor, not one I agree with..!)

UBS downgrades Paysafe after £3m bid.

UBS has downgraded Paysafe (PAYS) following a £3 million bid for the mobile payments company by CVC Capital Partners and Blackstone.

Analyst David Mulholland downgraded his recommendation from ‘buy’ to ‘neutral’;, but increased the target price from 575p to 590p. This places the target price in line with the bid offer.

While he sees potential for 15% upside, he thinks there isn’t a compelling case to buy the shares from a risk/reward perspective.

‘Having gained some disclosure on what value is being generated from the Asia Gateway business, we would see the offer of 590p as fair,’ he said.

‘It values Paysafe excluding Asia Gateway on between 16.5x-18x 2018 price/earnings compared to the sector on 18.4x...We envisage an upside scenario of +15%, while downside risk to the share price of the deal not completing we would see as -14%.’

At the time of writing, the shares were trading up 0.3%, or 2p, at 585p.
Posted at 10/8/2017 13:26 by slaccs
I tend to agree with 'oohrogerpalmer' and expect a take out price of GBP 6.50 unless another bid transpires. I sold a few at GBP 6.00 and have just bought them back. The only danger I see is if the bid fails and Bidco crawl back under their shell, the share price could crash and we are back to waiting for the share price to recover. This is as close to a sure thing as is possible even if bid goes through at GBP 5.90
Paysafe share price data is direct from the London Stock Exchange

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