REG - PCI-PAL PLC - Board Changes

PCI- PALAnnouncement

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RNS Number : 0861P  PCI-PAL PLC  01 July 2025

 

 

1 July 2025

 

PCI-PAL PLC

("PCI Pal", the "Company" or "the Group")

 

Board Changes

 

PCI-PAL PLC (AIM: PCIP), the global cloud provider of secure payment solutions
for business communications, announces the following changes to its board of
Directors.

 

The Company is pleased to announce the appointment of Andrew Lockwood as
Non-Executive Director, with immediate effect. In addition, Andrew will assume
the role of Chair of the Remuneration Committee.

 

Andrew has over 30 years' experience of leading and growing technology,
telecommunications and healthcare businesses.  These roles have included
leadership positions at BT, Capita plc, and Daisy Communications plc in the
UK, as well as substantial exposure to international markets including
extensive time spent working in the United States at Inktomi Corp', and Covad
Communications.  Most recently Andrew held the role of CEO at KFM, a provider
of technology enabled healthcare support services.  He is currently a
Non-Executive Director and Chair of the Remuneration Committee at Synectics
plc, an AIM-listed provider of advanced security and surveillance software
solutions.

 

As previously announced, Jason Starr has served his nine-year term as a
Non-Executive Director of the Company and, following Andrew's appointment,
Jason will step down and retire from the Board after a short period of
transitional assistance.

 

Simon Wilson, Chairman, commented:

 

"On behalf of the whole Board, I would like to thank Jason for his
contribution to PCI Pal and the role he has played in supporting the Group's
progress since he joined, especially in the years following the strategic
shift to focus the Group on the PCI Pal business.

 

"I'm delighted to welcome Andrew to the Board. Andrew has a strong track
record of growing international software and industry-relevant technology
businesses, and he will add considerable commercial strength, energy and
expertise to the Board as we continue to focus on delivering the next stage in
the Group's growth strategy."

 

Regulatory Disclosure

 

The following information regarding Andrew Lockwood, aged 68, is disclosed
under Schedule 2(g) of the AIM Rules for Companies:

 

 Current Directorships  Directorships held in past 5 years
 Synectics plc          Bridgewalk Heights No. 31 Management Company Limited

 

 

For further information, please contact:

 

 PCI-PAL PLC                                                       Via Walbrook PR
 James Barham - Chief Executive Officer

 Ryan Murray - Chief Financial Officer

 Cavendish Capital Markets Limited (Nominated Adviser and Broker)  +44 (0) 20 7227 0500
 Marc Milmo / Fergus Sullivan / Finn Gordon (Corporate Finance)

 Sunila De Silva (Corporate Broking)

 Walbrook PR                                                       +44 (0) 20 7933 8780
 Tom Cooper / Nick Rome                                            +44 (0) 797 122 1972
                                                                   tom.cooper@walbrookpr.com (mailto: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 (http://www.pcipal.com) or follow
the team on Linkedin: https://www.linkedin.com/company/pci-pal/
(https://www.linkedin.com/company/pci-pal/)

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