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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Planet Pay | LSE:PPT | London | Ordinary Share | COM SHS USD0.01 (UNRESTRICTED) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 145.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPPT TIDMTTM
RNS Number : 2323H
Planet Payment Inc.
17 June 2013
Date: 17 June 2013 On behalf of: Planet Payment, Inc. ("the Company" or "Planet Payment") Embargoed until: 1700 hrs
Directors' Restricted Stock Grants
Planet Payment, Inc. (NASDAQ:PLPM) (LSE: AIM: PPT), a leading provider of international payment processing and multi-currency processing services, announces that on 14 June 2012 the Company granted at nil cost the following Restricted Common Shares of $0.01 par value in the Company ("Restricted Stock "), to the following Directors of the Company. This is the annual grant made to directors in accordance with the Company's Compensation Policy for Non-Employee Directors, pursuant to the Company's 2012 Equity Incentive Plan
Director No. of Restricted Stock ---------------- ------------------ Lady Judge 21,818 ---------------- ------------------ Jon Kaiden 21,818 ---------------- ------------------ Shane Kim 21,818 ---------------- ------------------ Cameron McColl 21,818 ---------------- ------------------
Each Restricted Stock grant vests over a period of one year and the shares are subject to forfeiture by the Company, in the event that the Director resigns or is removed for cause before vesting is completed.
Following the above transactions, each Director's respective interest in the issued and outstanding common stock of the Company (including the outstanding shares of Series A Preferred Stock on an as converted to common stock basis ("Issued Common Stock")), is as follows.
Director No. of Issued Common % of Issued Common Shares Stock ---------------- ---------------------------- ------------------- Lady Judge 86,818 0.1% ---------------- ---------------------------- ------------------- Jon Kaiden 120,680 0.2% ---------------- ---------------------------- ------------------- Shane Kim* 6,768,874 11.0% ---------------- ---------------------------- ------------------- Cameron McColl 381,238 0.6% ---------------- ---------------------------- -------------------
*Includes Common Shares owned by entities affiliated with Camden Partners
About Planet Payment
Planet Payment is a leading provider of international payment processing and multi-currency processing services. We provide our services in more than 20 countries and territories across the Asia Pacific region, North America, the Middle East, Africa and Europe, primarily through our more than 50 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 Payment) Tel: +44 207 382 4730 Emma Kane / Rebecca Sanders-Hewett / David planet@redleafpr.com Ison ICR (USA IR for Planet Payment) Tel: +1 646-277-1212 Don Duffy / Dara Dierks
Canaccord Genuity Ltd (UK) (Nomad for Planet Payment)
Simon Bridges / Andrew Chubb 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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