Response to share price movement
Paysafe Group plc (LSE: PAYS, the "Company") is aware of a report published this morning by an organisation called Spotlight Research, which has disclosed a potential short interest benefiting from any weakness in Paysafe’s share price.
Paysafe confirms that all material information in the report is either factually inaccurate or has been previously disclosed.
The Group has a history of significant, transparent disclosure to the market, publishing two prospectuses in 2015 and being subject to substantial additional scrutiny through a full UKLA listing process as part of its move to the Main Market of the London Stock Exchange.
Having reiterated its upgraded guidance for the current financial year on 8 November 2016, the Company’s business continues to perform well and management is next scheduled to update the market on 12 January 2017.
For further information, contact:
Paysafe Group plc
Michelle Singleton, VP Investor Relations
+44 (0) 20 3826 9800 / firstname.lastname@example.org
Gavin Haycock, SVP Corporate Communications
+44 (0) 20 3826 9767 / email@example.com
Brunswick Group LLP
Brian Buckley / Rowan Brown
+44 (0) 20 7404 5959 / firstname.lastname@example.org