PAY Paypoint Plc

 
TIDMPAY 
 
 
 
 
   19 December 2019 
 
   PayPoint plc ("the Company") 
 
   Leadership Change 
 
   Further to the announcement made on 26th September 2019, PayPoint today 
announces that following a temporary leave of absence from the Company 
to receive treatment for a medical condition, its Chief Executive, 
Patrick Headon, has stepped down from his role and the board with 
immediate effect. The board wishes him the very best for the future. 
 
   The search for a new Chief Executive is now underway and in the meantime 
the company's Chairman, Nick Wiles, has agreed to continue in the role 
of Executive Chairman in support of the Executive team until a new Chief 
Executive is appointed. 
 
   The board would like to thank the executive team and Rachel Kentleton, 
Finance Director, in particular, for the leadership they have shown in 
the business during this period. 
 
   Full details of Patrick's leaving arrangements will be uploaded to the 
Company's corporate website in accordance with section 430(2B) of the 
Companies Act 2006 
 
   The Company will update the market further in due course. 
 
   This announcement contains inside information as defined in Article 7 of 
the Market Abuse Regulation No. 596/2014. Upon the publication of this 
announcement, this inside information is now considered to be in the 
public domain. 
 
   Enquiries: 
 
   PayPoint plc 
Finsbury 
 
   Nick Wiles, Executive Chairman (Tel: 01707 600 300)         Rollo Head 
(Tel: 0207 251 3801) 
 
   -end- 
 
   Attachment 
 
 
   -- 20191219 Leadership Change 
      https://ml-eu.globenewswire.com/Resource/Download/7e34294d-82c7-499d-9cc3-5d9b1d8f1084 
 
 
 
 
 
 
 

(END) Dow Jones Newswires

December 19, 2019 02:00 ET (07:00 GMT)

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