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Paysafe Group - ex OPAY (PAYS)     

HARRYCAT - 10 Nov 2015 08:42

Chart.aspx?Provider=EODIntra&Code=PAYS&SChart.aspx?Provider=EODIntra&Code=PAYS&S

HARRYCAT - 10 Nov 2015 08:43 - 2 of 67

Q3 Trading Update and Capital Markets Day
LONDON, MONTREAL and NEW YORK (10 November, 2015) - Paysafe Group Plc, formerly Optimal Payments Plc, (LSE AIM: PAYS, "Paysafe", the "Group" or the "Company") provides an update on third-quarter trading ahead of its Capital Markets Day presentation in London later today.

Trading Update
· The Group has continued to enjoy strong trading during Q3 and full-year Group revenue and EBITDA before synergies are in line with management expectations.
· The acquisition of digital payments business Skrill completed in August 2015. The Group is pleased to report that the acquired business has completely absorbed the continuing adverse impact previously disclosed in relation to Greece and is nonetheless trading in line with the management expectations set out at the time of the transaction.
· In addition, the integration of the new Group is proceeding ahead of schedule - as a result, circa $5-10 million of synergy savings are expected to be achieved by the end of Q4 2015, ahead of management's previously-expected Q1, 2016 timeline.

Paysafe President and CEO Joel Leonoff said:

"This has been a transformational year for the Company. We are particularly encouraged by the positive momentum we are seeing across all our divisions. We are trading well due to the continued strength of our business, strong cost control and accelerated synergies arising from the Skrill acquisition. Our growing digital payments business, under our new Paysafe brand, is focused on delivering sustainable profitable growth and we are very pleased with the progress we are making."

cynic - 10 Nov 2015 08:45 - 3 of 67

isn't this the FOURTH change of name for this company!!??

HARRYCAT - 10 Nov 2015 09:17 - 4 of 67

Yes. I'm not sure why some management teams think that changing a name enhances the company's profile. I suppose they think it draws a line under the past (possible dubious history) and encourages new investors. Or maybe there are some nasties lurking in the old set of books..........!!!!

dikytree - 11 Nov 2015 08:31 - 5 of 67

I'm not sure but think I saw pigs flying this morning -- must be a reason for it !!!

Greyhound - 12 Nov 2015 17:20 - 6 of 67

Berenberg views payment services industry as a structurally growing industry, it says in note as it initiates European payment coverage.

- sector's transaction volume growth drive by GDP growth and non-cash based transactions gaining share vs. cash.
- M&A activity is rife as new money from venture capital funds is attracted by growth

Paysafe Group preferred stock in industry and sees its discount vs sector is unjustified. New buy, tp 431p

Greyhound - 25 Nov 2015 08:32 - 7 of 67

Good to see main list within a month. Should now see funds/trackers getting in.

HARRYCAT - 25 Nov 2015 08:59 - 8 of 67

Proposed move to Main Market
LONDON (25 November, 2015) - Further to previous announcements, Paysafe Group Plc confirms its intention to apply for admission to listing of its ordinary shares to the premium segment of the Official List of the UK Listing Authority and admission to trading on London Stock Exchange plc's main market for listed securities. Pursuant to Rule 41 of the AIM Rules for Companies, the Company therefore hereby gives notice of the intended cancellation of trading of its shares on the AIM market of the LSE.

It is expected that the Company's shares will be admitted to the Official List, commence trading on the Main Market and simultaneously be cancelled on AIM effective at 8.00 a.m. on 23 December 2015 (the "Admission Date"), subject to the receipt of the necessary approvals from the UK Listing Authority and the LSE. The Company will issue a prospectus in connection with the Admission prior to the Admission Date. The prospectus will be made available on the Company's website at www.paysafe.com.

The Company is not raising any funds or issuing any new shares in connection with Admission. No Shares will be offered or marketed to the public in the UK or elsewhere in connection with Admission or the publication of the prospectus.

The completion of the acquisition of Skrill in August 2015 provides the Company with a solid platform for the move, and the Board considers that admission to the Official List will increase the Company's profile, assisting in the liquidity of the Company's shares and providing a greater range of potential investors for the Company.

Following Admission, shareholders in the Company will be able to trade shares on the Main Market.

Following completion of the move to the Main Market, it is expected that the Company's ordinary shares would be eligible for inclusion in the FTSE 250 Index of the London Stock Exchange. The Company anticipates the date at which the Company will be considered for inclusion in the FTSE 250 Index will be the quarterly review in March 2016.

HARRYCAT - 30 Nov 2015 07:56 - 9 of 67

StockMarketWire.com
Paysafe Group said it cyber breaches back in 2009/10 resulted in limited account details of 3.6m Neteller accounts falling into the hands of third parties, along with basic personal details relating to 4.2m Skrill accounts.

"Such data does not include passwords, card data or bank account information. Paysafe engaged a major accounting firm as part of its investigation, which has verified these findings," the company said.

It said less than 2% of those Neteller and Skrill accounts were active in the six months to Nov. 1, 2015.

"The Company believes that this data emanated from the cyber-attacks in 2009 and 2010 and is not aware of any similar breaches since that time.

"The Company is confident that this data will not in itself allow any existing NETELLER or Skrill customer accounts to be accessed."

HARRYCAT - 01 Dec 2015 10:04 - 10 of 67

All financials doing well today, PAYS no exception. Through 370p level.

HARRYCAT - 11 Dec 2015 08:19 - 11 of 67

11 December 2015
PLACING OF 35,106,454 ORDINARY SHARES IN PAYSAFE GROUP PLC ("PAYSAFE" OR "COMPANY")
Further to the announcement released on 10 December 2015, entities owned by certain funds ("CVC Funds") advised by affiliates of CVC Capital Partners SICAV-FIS S.A., and certain funds managed or advised by affiliates of Investcorp ("Investcorp" and together with the CVC Funds, the "Sellers") have sold an aggregate 35,106,454 shares in the capital of the Company at a price of 346 pence per share (the "Placing"). Following completion of the Placing, the CVC Funds and Investcorp will hold no more ordinary shares in the capital of the Company.

The proceeds of the Placing are payable in cash on usual settlement terms, and closing of the Placing is expected to occur on a T+2 basis on 15 December 2015, subject to the satisfaction or waiver of certain customary conditions. Barclays Bank PLC, acting through its investment bank ("Barclays"), is acting as Sole Global Coordinator and Bookrunner and Canaccord Genuity Limited ("Canaccord") is acting as Co-Lead on the transaction (Barclays and Canaccord, together the "Banks").

jimmy b - 18 Dec 2015 15:16 - 12 of 67

Paysafe Group Plc

Publication of Prospectus, Cancellation of Trading on AIM and Admission to Trading on Main Market

LONDON (18 December, 2015) - Further to previous announcements, Paysafe Group Plc (LSE AIM: PAYS, the "Company") is pleased to confirm that the Company's prospectus (the "Prospectus") in connection with the admission to listing of its shares to the premium segment of the Official List of the UK Listing Authority (the "Official List") and admission to trading on London Stock Exchange plc's main market ("Main Market") for listed securities ("Admission") has been published today.

It is expected that Admission will become effective and that dealings in the Company's shares on the Main Market will commence at 8.00 a.m. GMT on 23 December 2015. Trading in the Company's shares on the AIM market of London Stock Exchange plc ("AIM") will also be cancelled on 23 December 2015 with effect from 8.00 a.m. GMT.

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 or the publication of the Prospectus. The Company's TIDM code on the London Stock Exchange will remain 'PAYS', with an ISIN of GB0034264548 and, on Admission, it is expected that there will be 479,606,395 ordinary shares in issue

jimmy b - 23 Dec 2015 08:02 - 13 of 67

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.

Greyhound - 23 Dec 2015 08:23 - 14 of 67

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

HARRYCAT - 29 Dec 2015 14:33 - 15 of 67

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

Greyhound - 06 Jan 2016 07:36 - 16 of 67

New overweight at Morgan Stanley, target 500p

Greyhound - 08 Jan 2016 07:57 - 17 of 67

Good news, numbers ahead of expectations.

HARRYCAT - 08 Jan 2016 08:31 - 18 of 67

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.

Greyhound - 08 Jan 2016 12:24 - 19 of 67

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

HARRYCAT - 11 Jan 2016 09:00 - 20 of 67

400p level hit!

HARRYCAT - 11 Jan 2016 10:01 - 21 of 67

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