/Mergers and acquisitions
Optimal Payments Plc (LSE AIM: OPAY, "Optimal Payments" or the "Group"), a leading global online payment solutions provider, announces the acquisition of Montreal-based mobile platform developer FANS Entertainment Inc. (“FANS”) for a consideration of C$16 million (approx. US$13 million), payable by issuing shares in a subsidiary of Optimal Payments (the “Consideration Shares”) which are exchangeable on a one-for-one basis into shares of Optimal Payments over the next three years, a portion of which are subject to the satisfaction of certain financial performance criteria.