PCI-PAL PLC UK Court Hearing (2775X)
19 Diciembre 2023 - 1:00AM
UK Regulatory
TIDMPCIP
RNS Number : 2775X
PCI-PAL PLC
19 December 2023
19 December 2023
PCI-PAL PLC
("PCI Pal", the "Company" or "the Group")
UK Court Hearing
PCI-PAL PLC (AIM: PCIP), the global cloud provider of secure
payment solutions for business communications, provides an update
following the Form of Order hearing held at the High Court in
London on Monday 18 December 2023.
The Board is pleased with the decisions outlined in court by the
Judge, Mrs Justice Bacon, and in particular notes that she has
ordered the claimant, Sycurio Ltd, to make a substantial interim
payment of costs, subject to certain terms and conditions. The
Judge has also refused Sycurio's application for permission to
appeal.
The Company expects that the formal Form of Order will be signed
by the court later today and therefore the Company expects to
provide a further more detailed update in the coming days.
For further information, please contact:
PCI-PAL PLC Via Walbrook PR
James Barham - Chief Executive Officer
William Good - Chief Financial Officer
Cavendish Capital Market Limited (Nominated
Adviser and Broker) +44 (0) 20 7227 0500
Marc Milmo/Simon Hicks/Fergus Sullivan (Corporate
Finance)
S unila De Silva (Corporate Broking)
Walbrook PR +44 (0) 20 7933 8780
Tom Cooper/Paul Vann +44 (0) 797 122 1972
tom.cooper@walbrookpr.com
About PCI Pal:
PCI Pal is a leading provider of Software-as-a-Service ("SaaS")
solutions that empower companies to take payments from their
customers securely, adhere to strict industry governance, and
remove their business from the significant risks posed by
non-compliance and data loss. Our products secure payments and data
in any business communications environment including voice, chat,
social, email, and contact centre. We are integrated to, and resold
by, some of the worlds' leading business communications vendors, as
well as major payment service providers.
The entirety of our product-base is available from our global
cloud platform hosted in Amazon Web Services ("AWS"), with regional
instances across EMEA, North America, and ANZ.
For more information visit www.pcipal.com or follow the team on
Linkedin: https://www.linkedin.com/company/pci-pal/
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END
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(END) Dow Jones Newswires
December 19, 2023 02:00 ET (07:00 GMT)
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