Paysafe Group Plc (LON:PAYS), formerly known as Optimal Payments, will today have its shares admitted to the premium segment of the Official List of the UK Listing Authority and to trading on London Stock Exchange plc’s main market Main Market for listed securities.
Dealings in Paysafe’s shares will start on the Main Market at 8.00 a.m. GMT on December 23, 2015 and trading in its shares on the AIM market will be cancelled simultaneously.
The company noted that it is not raising any funds or issuing any new ordinary shares in connection with admission. The Company’s TIDM code on the London Stock Exchange will remain ‘PAYS’, with an ISIN of GB0034264548. At the moment of admission, it is expected there will be 479,606,395 ordinary Paysafe shares in issue.
When the company announced its plans to move to the Main Market, it noted that the acquisition of Skrill provides it with a solid platform for such a move. Paysafe’s Board back then said it considers that admission to the Official List will beef up the company’s profile, assisting in the liquidity of the company’s shares and providing a greater range of potential investors.
You can view the full regulatory filing from Paysafe by clicking here.