PCI-PAL PLC Issue of Equity (3482M)

TIDMPCIP

RNS Number : 3482M

PCI-PAL PLC

20 January 2021

PCI-PAL PLC

("PCI Pal", "the Company" or "the Group")

Issue of Equity

PCI-PAL PLC (AIM: PCIP), the global provider of secure payment solutions, announces that it has applied for 67,500 ordinary shares of 1 pence each (the "Option Shares") to be admitted to trading on AIM ("Admission").

The Option Shares are being issued pursuant to an exercise of options by an employee of the Company. The Option Shares will rank pari passu with the existing Ordinary Shares.

Application has been made to the London Stock Exchange for the Option Shares to be admitted to trading on AIM and it is expected that Admission will be effective and dealings will commence in respect of the Option Shares at 8.00 a.m. on 22 January 2021.

Following Admission, the Company's issued share capital will consist of 59,555,345 Ordinary Shares. The Company holds 167,229 Ordinary Shares in Treasury, therefore on Admission the total number of voting rights will be 59,388,116. This figure may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information, please contact:

 
 PCI-PAL PLC                              Via Walbrook PR 
 James Barham - Chief Executive 
  Officer 
  William Good - Chief Financial 
  Officer 
 finnCap (Nominated Adviser and 
  Broker)                                 [phone] 
 Marc Milmo/Simon Hicks (Corporate 
  Finance) 
  Richard Chambers (Corporate Broking) 
 Walbrook PR                              [phone] 
 Tom Cooper/Paul Vann                     [phone] 
                                          [e-mail] 
 

About PCI Pal:

PCI Pal is a leading provider of Software-as-a-Service ("SaaS") solutions that empower companies to take payments from their customers securely, adhere to strict industry governance, and remove their business from the significant risks posed by non-compliance and data loss. Our products secure payments and data in any business communications environment including voice, chat, social, email, and contact centre. We are integrated to, and resold by, some of the worlds' leading business communications vendors, as well as major payment service providers.

The entirety of our product-base is available from our global cloud platform hosted in Amazon Web Services ("AWS"), with regional instances across EMEA, North America, and ANZ. PCI Pal products can be used by any size organisation globally, and we are proud to work with some of the largest and most respected brands in the world.

For more information visit www.pcipal.com or follow the team on Linkedin: https://www.linkedin.com/company/pci-pal/

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January 20, 2021 08:02 ET (13:02 GMT)