The company’s directors expect that admission will become effective and that dealings in the company’s shares on the Main Market will commence on the morning of December 23, at which point trading in Paysafe shares on the AIM section of the London Stock Exchange will be cancelled.
“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,” a statement issued on Friday said.
“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,” the statement said.