Paysafe Group plc (LSE: PAYS) has been notified by Brian McArthur-Muscroft, Chief Financial Officer of the Company, that on 12 December 2016 he exercised options over 516,844 Ordinary Shares of 0.01p each in the Company, in respect of the awards granted to him under the Company’s Long-Term Incentive Plan, at an exercise price of 0.01p per Share.
243,778 shares have been sold on the open market at a price of 371.85p per share to satisfy tax and national insurance obligations and the option cost of the exercise. All the remaining shares have been retained by Mr McArthur-Muscroft.
Following this transaction, Mr McArthur-Muscroft has an increased interest in a total of 273,066 Ordinary Shares, representing approximately 0.04 per cent of the issued share capital of the Company.