Liberum appointed as Joint Corporate Broker to PayPoint
We are pleased to announce that Liberum has been appointed as Joint Corporate Broker to PayPoint.
PayPoint facilitates card payments, over the counter bill payments, top-up and provides ATMs to convenience stores. The Company has built a network of 47,000 stores across the UK (primarily) and Romania since it was founded in 1996 and IPO’d in 2004.
The Company charges a weekly fee for use of its PayPoint one platform, charges on ATM withdrawals and earns a margin on each payment through revenue share arrangements with merchant acquirers. PayPoint is listed on the Premium Segment of the Main Market, and is a FTSE 250 constituent.
Board - David Parsons
Investment Banking - Steve Pearce, Robert Morton, Euan Brown, Will Hall
Research - Joe Brent, James Allen
Sales - Julian Collett
CIR - Marcio Remedios