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PCI-PAL PLC applied for 60,000 ordinary shares of 1 pence each to be admitted to trading on AIM, issued following an exercise of options by employees. Admission is expected around 22 January 2024 at 8:00 a.m. Following admission, the Company's issued share capital will be 65,699,818 Ordinary Shares, with total voting rights of 65,532,589.
| Date | 15 Jan 2024 |
| Time | 12:20:00 |
| Category | Capital structure |
| ID | 7256Z |
15 January 2024
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 60,000 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 employees of the Company. The Option Shares will rank pari passu with the Company's 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 or around 22 January 2024.
Following Admission, the Company's issued share capital will consist of 65,699,818 Ordinary Shares. The Company holds 167,229 Ordinary Shares in Treasury, therefore on Admission the total number of voting rights will be 65,532,589. 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:
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PCI-PAL PLC |
Via Walbrook PR |
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James Barham - Chief Executive Officer William Good - Chief Financial Officer
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Cavendish Capital Markets Limited (Nominated Adviser and Broker) |
+44 (0) 20 7227 0500 |
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Marc Milmo/Simon Hicks/Fergus Sullivan (Corporate Finance) Sunila de Silva (Corporate Broking)
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Walbrook PR |
+44 (0) 20 7933 8780 |
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Tom Cooper/Paul Vann |
+44 (0) 797 122 1972 |
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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/