Paysafe Group Plc

First Day of Dealings on the Main Market of the London Stock Exchange

LONDON (23 December, 2015) - Further to previous announcements, Paysafe Group Plc (LSE AIM: PAYS, the "Company") is pleased to announce that the Company's shares will today be admitted to the premium segment of the Official List of the UK Listing Authority (the "Official List") and to trading on London Stock Exchange plc's main market ("Main Market") for listed securities (together, "Admission"). Dealings in the Company's shares will commence on the Main Market at 8.00 a.m. GMT on 23 December 2015 and trading in the Company's shares on the AIM market of London Stock Exchange plc ("AIM") will be cancelled simultaneously therewith.

The Company is not raising any funds or issuing any new ordinary shares in connection with Admission. No shares have been offered or marketed to the public in the UK or elsewhere in connection with Admission. The Company's TIDM code on the London Stock Exchange will remain 'PAYS', with an ISIN of GB0034264548 and, on Admission, it is expected there will be 479,606,395 ordinary shares in issue.

Good pre-Christmas news. Onwards from here as funds continue buying.

Would be nice to see this get to and hold above 370p. Some of these stocks need the patience of a saint!!!

New overweight at Morgan Stanley, target 500p

Good news, numbers ahead of expectations.

StockMarketWire.com
Paysafe Group sees its FY revenue and adjusted EBITDA ahead of market expectations, adding strong Q4 trading had completed what it described as a transformational year.

HIGHLIGHTS
o FY 2015 revenue of circa $600m. H2 2015 Group revenue of circa $380m, driven by strong growth across the Group's product lines, particularly in the Processing division's North American business.

o FY 2015 adjusted EBITDA of circa $150m. H2 2015 adjusted EBITDA of circa $100m.

o The integration of digital payments business Skrill Group, the acquisition of which completed on 10 August 2015, is progressing well. Anticipated H2 2015 synergy savings are expected to be towards the top end of the previously announced $5-10m range.

o The Group's new global Paysafe brand identity launched in November 2015.

o Shares in Paysafe Group plc began trading on the London Stock Exchange's Main Market on 23 December 2015. The Group expects to be considered for inclusion in the FTSE 250 Index at the March 2016 index review.

Good to see that sort of update with FTSE250 inclusion likely round the corner. A break of 400p is looming.

400p level hit!

Berenberg today reaffirms it's buy investment rating on Paysafe Group Plc (LON:PAYS) and raised its price target to 444p (from 431p).

No stopping this one :)

So glad I kept the faith. My best performing stock for the last few weeks!

Agree Harrycat - long may it continue.

Glad your still in 3 monkies , your patience has been rewarded .

It must be 10 yrs this year jimmy b - patience is a virtue or so they say. I hope you are doing okay with these.

Citigroup today (15/01/16) reaffirms its buy investment rating on Paysafe Group Plc (LON:PAYS) and raised its price target to 490p (from 400p).

And still dirt cheap. Tipped in MoneyWeek on Friday.

Edging back to the highs and timing starting to coincide with likely FTSE250 move next month.

Well, that was the kiss of death Greyhound!!!! ;o)
Down 6% for no apparent reason, though whole market down today.

It was lol. Correction is good for next move! ;)

10% is a correction we could have done without!