PayPoint Announces Vesting of Share Awards for Key Executives

An announcement from Paypoint ( (GB:PAY) ) is now available.

PayPoint plc announced the vesting of conditional share awards under its Restricted Share Plan and Deferred Bonus Plan for several Persons Discharging Managerial Responsibility (PDMRs). The vesting reflects the achievement of performance and continuous employment conditions set in 2022. The net vested shares were settled by issuing 78,059 new ordinary shares, which have been admitted to trading. This development impacts the company’s share capital, now consisting of 70,297,512 ordinary shares, and provides stakeholders with updated figures for interest notifications under regulatory guidelines.

The most recent analyst rating on (GB:PAY) stock is a Sell with a £5.10 price target. To see the full list of analyst forecasts on Paypoint stock, see the GB:PAY Stock Forecast page.

Spark’s Take on GB:PAY Stock

According to Spark, TipRanks’ AI Analyst, GB:PAY is a Outperform.

Paypoint demonstrates robust financial health with solid revenue growth and profitability. The strategic share buyback initiatives further enhance shareholder value. While the stock is attractively valued, potential bearish technical signals introduce some caution.

To see Spark’s full report on GB:PAY stock, click here.

More about Paypoint

PayPoint plc operates in the financial services industry, specializing in payment solutions and services. The company focuses on providing convenient payment systems and services for consumers and businesses, enhancing the efficiency of transactions across various sectors.

Average Trading Volume: 178,883

Technical Sentiment Signal: Buy

Current Market Cap: £556.1M

For a thorough assessment of PAY stock, go to TipRanks’ Stock Analysis page.