PLPM

 
Common Stock
Nasdaq
 

OTC Disclosure & News Service

 

Notice of Announcement of Results

Nov 14, 2012

OTC Disclosure & News Service

Long Beach, NY -

Planet Payment, Inc. (UK: LSE: AIM: PPT and PPTR; USA: OTCQX: PLPM), a leading provider of international payment processing and multi-currency processing services, today announced that it intends to release its results for the 3 and 9 months ended 30 September 2012 on or before 26 November 2012.

The OTCQX market tier of OTC Markets Group, Inc. (the “OTCQX”) granted the Company a twelve day extension to file the Quarterly Report for the period ended 30 September 2012.  The OTCQX granted this extension to the Company due to the aftermath of Hurricane Sandy, which impacted certain head office functions but day to day transaction processing was not affected.

The anticipated filing date is on or before 26 November 2012.

 

Enquiries:

 

Planet Payment, Inc.

Robert Cox, SVP Chief Financial Officer

 

Tel: + 1 516 670 3200

www.planetpayment.com

Redleaf Polhill (UK PR for Planet Payment)

Emma Kane / Henry Columbine / Rebecca Sanders-Hewett

Tel: +44 20 7566 6720

planet@redleafpolhill.com

 

ICR (US PR for Planet Payment)

Don Duffy / Dara Dierks

Tel: +1 646-277-1212

 

 

Canaccord Genuity Ltd (UK) (Nomad for Planet Payment)

Simon Bridges / Andrew Chubb

Tel: +44 20 7523 8000

 

 

Canaccord Genuity, Inc. (US) (DAD for Planet Payment)

Andy Viles

 

Tel: +1 617-371-3900

 

 

 

About Planet Payment

Planet Payment is a leading provider of international payment processing and multi-currency processing services. We provide our services in 18 countries and territories across the Asia Pacific region, North America, the Middle East, Africa and Europe, primarily through our more than 45 acquiring bank and processor customers.  Our point-of-sale and e-commerce services help merchants sell more goods and services to consumers, and are integrated within the payment card transaction flow enabling our acquiring customers to process and reconcile payment transactions in multiple currencies, geographies and channels.

Planet Payment is headquartered in New York and has offices in Atlanta, Beijing, Bermuda, Delaware, Dubai, Dublin, London, Hong Kong, Mexico City, Shanghai and Singapore.  Visit www.planetpayment.com for more information about the Company and its services.  For up-to-date information follow Planet Payment on Twitter at @PlanetPayment or join Planet Payment’s Facebook page.

Forward-Looking Statements. Information contained in this announcement may include ‘forward-looking statements’. All statements other than statements of historical facts included herein, including, without limitation, those regarding the effectiveness of a Registration Statement on Form 10, are forward-looking statements. Such forward-looking statements are based on a number of assumptions regarding Planet Payment’s present and future business strategies, and the environment in which Planet Payment expects to operate in future, which assumptions may or may not be fulfilled in practice. Actual results may vary materially from the results anticipated by these forward-looking statements as a result of a variety of risk factors, including, regulatory changes and changes in card association regulations and practices; changes in domestic and global economic conditions and changes in volume of international travel and commerce, the impact of the BPS acquisition and others. See the Company’s filed Registration Statement on Form 10, for other risk factors which investors should consider.  These forward-looking statements speak only as to the date of this announcement and cannot be relied upon as a guide to future performance. Planet Payment expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this announcement to reflect any changes in its expectations with regard thereto or any change in events, conditions or circumstances on which any statement is based.

 

****

 

Copyright © 2012 OTC Markets. All Rights Reserved


The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.