Holding(s) in Company
18 September 2007 - 9:57AM
UK Regulatory
RNS Number:0136E
Financial Payment Systems Limited
18 September 2007
Financial Payment Systems Limited
("FPS")
Holdings in Company and Director/PDMR Shareholding
FPS has today been notified that WestStar Ventures Inc. ("WestStar") has
transferred 2,809,781 Ordinary Shares of 5 pence each ("Shares") in the Company,
for a nominal consideration, to certain early stage investors who provided
finance to the Company prior to Admission. Following the transfer WestStar has
an interest in 40,365,419 Shares representing 44.04 per cent. of the Company's
issued share capital. Ong Lay Ann, Chief Executive Officer of FPS, is
beneficially interested in WestStar Ventures Inc.
Akina Limited, in which Freddie Heng (FPS Finance Director) has a beneficial
interest, has today received as part of the above mentioned transaction 441,713
Shares. Following the transfer Freddie Heng has an interest in 696,675 Shares
representing 0.76 per cent of the Company's issued share capital.
Daniel Stewart & Company plc Tel: +44 (0) 20 7776 6550
Lindsay Mair
Financial Payment Systems Limited Tel: +65 6270 1174
John Ellison
This information is provided by RNS
The company news service from the London Stock Exchange
END
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