Digital Payments Plc
Subscription to raise GBP 2,250,000 - Issue of new ordinary shares/holdings
The Board of Digital Payments plc ("Digital Payments" or the "Company"), the GXG Main Quote investing
company focusing on investment and acquisition opportunities in payment transaction and message processing
services, is pleased to announce that it has completed an equity subscription to raise an additional GBP
2,250,000 though the issue of a further 71,975,000 new ordinary shares of 1p each in the capital of the
Company (representing approximately 19.50 per cent. of the Company's existing issued ordinary share
capital). 67,437,500 were issued at a price of 3 pence and 4,537,500 were issued at a price of 5 pence per
share.
The funds raised strengthen the Company's financial position and give it the flexibility to take advantage
of potential investment opportunities within the payment transaction and message processing services.
Following the subscription, the subscribers have the following direct interest in shares in the Company.
Name Number of shares Percentage
Mr Vladislav Popeta 112,187,500 25,4%
Mr Andrey Popeta 75,637,500 17.2%
In addition to the above holdings Mr Andrey Popeta, Mr Vladislav Popeta and Mr Mikhail Raskin each have a
one-third interest in Troika Management Ltd which holds 180,000,000 (representing 40.8%) in the Company.
Mr Vladislav Popeta and Mr Andrey Popeta consider themselves to be a concert party for the purposes of Rule
9 of the UK Takeover Code. Application has been made for the new ordinary shares, which rank pari passu
with the Company's existing issued ordinary shares, to be admitted to trading on GXG Main Quote. The
enlarged issued share capital of Digital Payments with voting rights attached consists of 440,925,000
ordinary shares of 1p each with one vote per ordinary share. The total number of voting rights in Digital
Payments is therefore 440,925,000, which figure may be used by shareholders (and others with notification
obligations) as the denominator for the calculations by which they will determine whether they are required
to notify their interest, or a change to their interest, in Digital Payments under the UK Financial Conduct
Authority's Disclosure and Transparency Rules.
The Directors of the Issuer accept responsibility for the contents of this announcement.
FOR FURTHER INFORMATION PLEASE CONTACT:
David Carr - CEO
Digital Payments Plc
Telephone: +44 207493 0387
Email: press@digitalpaymentsplc.com
GXG Corporate Advisor
Nick Michaels and Jon Isaacs
Alfred Henry Corporate Finance Limited
www.alfredhenry.com
Tel: +44 207251 3762
4 August 2014
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Digital Payments plc