Planet Payment Inc. Director/PDMR Shareholding (4492J)

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RNS Number : 4492J

Planet Payment Inc.

12 June 2014

Planet Payment, Inc.

Director's Share Dealings

Planet Payment, Inc. (NASDAQ:PLPM; LSE: PPT), a leading provider of international payment and transaction processing and multi-currency processing services, received notification on 11 June 2014 of the following share dealings by a Director.

On 11 June 2014 Lady Barbara Judge advised the Company that she had exercised the following options over Common Shares and that she had executed the following sale of Common Shares through the NASDAQ market:

 
  Director       No.       Date of      Transaction    Average           Total          Percentage 
                  of      Transaction                  Price per        No Shares        of Voting 
                Shares                                   Share      post-Transactions    Interests 
------------  --------  -------------  ------------  -----------  -------------------  ----------- 
                           10 June        Option 
 Lady Judge      4,400       2014         Exercise      $2.53                  91,218      0.2% 
------------  --------  -------------  ------------  -----------  -------------------  ----------- 
                           10 June 
 Lady Judge      4,400       2014          Sale         $2.89                  86,818      0.2% 
------------  --------  -------------  ------------  -----------  -------------------  ----------- 
 

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 Lady Judge 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 23 countries and territories across the Asia Pacific region, the Americas, 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 
 

Canaccord Genuity Ltd (Nomad for Planet Payment)

Simon Bridges / Cameron Duncan Tel: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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