Source - RNS
RNS Number : 5898T
SafeCharge International Group Ltd
13 October 2017

SafeCharge International Group Limited

 ("SafeCharge" or the "Company")


Holdings in Company


SafeCharge (AIM: SCH), a leader in advanced payment technologies, was informed on 10 October 2017 by Northenstar Investments Limited ("Northenstar"), of the transfer of the entire issued share capital of  Northenstar from the Goodfidelity Trust (the sole beneficiary of which is Teddy Sagi) to Teddy Sagi, such that Mr Sagi now holds the shares in Northenstar directly. The Company was also informed of the intention of Northenstar to re-domicile from the British Virgin Islands to the Isle of Man, a further announcement will be issued once the re-domicile has been completed.


Northenstar's holding in the Company remains unchanged, with an interest in 100,000,000 shares, equivalent to 68.1% of the total number of voting rights in the Company.


- Ends -





SafeCharge International Group Limited

David Avgi, Chief Executive Officer

Tsach Einav, Chief Financial Officer

c/o FTI Consulting


+44 (0) 20 3727 1725

Jean Beaubois, Head of Investor Relations


+44 (0) 7826 936619

Shore Capital

Mark Percy

Toby Gibbs


+44 (0) 20 7408 4090

FTI Consulting

Matthew O'Keeffe

Rob Mindell


+44 (0) 20 3727 1725


About SafeCharge

SafeCharge International Group Limited (AIM: SCH) is the payment service partner for the world's most demanding businesses. SafeCharge provides global omnichannel payments services from card acquiring and issuance to payment processing and checkout, all underpinned by advanced risk management solutions. This fully featured proprietary payment platform connects directly to all major payment card schemes including Visa, MasterCard, American Express and Union Pay as well as over 150 local payment methods. With offices around the world, SafeCharge serves a diversified, blue chip client base and is a trusted payment partner for customers across a range of vertical markets. The Company has been listed on the London Stock Exchange AIM market since 2014.


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