PCI-PAL PLC (AIM: PCIP), the global provider of secure payment solutions, announces that it has applied for 100,000 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 28 July 2020.
Following Admission, the Company's issued share capital will consist of 59,487,845 Ordinary Shares. The Company holds 167,229 Ordinary Shares in Treasury, therefore on Admission the total number of voting rights will be 59,320,616. 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:
Via Walbrook PR
James Barham - Chief Executive Officer
William Good - Chief Financial Officer
finnCap (Nominated Adviser and Broker)
+44 (0) 20 7227 0500
Marc Milmo/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 provider of secure payment solutions for contact centres and businesses taking Cardholder Not Present (CNP) payments. PCI Pal's globally accessible cloud platform empowers organisations to take payments securely without bringing their environments into scope of PCI DSS and other card payment data security rules and regulations.
With products served from PCI Pal's cloud environment, integrations with existing telephony, payment, and desktop environments are light-touch, ensuring no degradation of service while achieving security and compliance.