PCI-PAL PLC (AIM: PCIP), the customer engagement specialist that secures and protects payment card data for companies handling payments by phone, announces that £707,000 of the loan note scheduled for repayment on 31 October 2018 has been received, with the remaining £250,000 deferred within the extension period permitted under the terms of the contract. This deferred amount continues to be secured against the shares of the holding company that acquired PCI Pal's call centre business in September 2016.
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
For further information, please contact:
Via Walbrook PR
James Barham - Chief Executive Officer
William Good - Chief Financial Officer
finnCap (Nominated Adviser and Broker)
+44 (0) 20 7227 0500
Geoff Nash/Simon Hicks (Corporate Finance)
Richard Chambers (Corporate Broking)
+44 (0) 20 7933 8780
Tom Cooper/Paul Vann
+44 (0) 797 122 1972
About PCI Pal:
PCI Pal is a Payment Card Industry Data Security Standard ("PCI DSS") Level 1 certified supplier of contact centre payment solutions and services, with operations in Europe and North America, enabling organisations to take customer payments securely over the phone, and to de-risk their business from the threat of data loss and cybercrime.
PCI Pal solutions have been procured by more than 90 organisations, many of which are global businesses in the retail, services, and utilities sectors, thereby ensuring they meet industry rules and regulations governing customer data protection.
To understand our core services better please view our video on https://www.pcipal.com/en/solutions/agent-assist/