Online payments group reports strong trading

Online payments group Optimal Payments has provided a trading update covering the six months period to 30 June 2015 ahead of reporting its interim results on 26 August 2015.

The company confirms that trading to the end of June remains strong and in line with market expectations.

The completion of the acquisition of Skrill remains subject to regulatory approval by the UK’s FCA, which is expected to be made no later than 30 July 2015.

Following the completion of the acquisition the company will be seeking the admission of its ordinary shares to listing on the premium segment of the Official List of the UK Listing Authority and admission to trading on the London Stock Exchange’s Main Market for listed securities.

It is expected that the company’s ordinary shares would then be eligible for inclusion in the FTSE 250 Index of the London Stock Exchange.