Directorate Changes

PayPoint plc, today announces that George Earle will retire from his role as Finance Director and Executive Director of the Company during 2017. George joined PayPoint as Group Finance Director in September 2004.

PayPoint further announces that Rachel Kentleton has agreed to join the PayPoint Board with effect from 3 January 2017 in order to succeed George as Finance Director and Executive Director following an orderly transition. Rachel is currently Group Director Strategy and Implementation at easyJet plc. Prior to joining easyJet Rachel held finance and investor
relations roles at SABMiller, Diageo, NatWest and Unilever. Rachel is also a Non Executive Director and Chairman of the Audit Committee at Persimmon plc.

Nick Wiles, Chairman, said: “George Earle has made a significant contribution to the Company over the last 11 years and the Board is appreciative of his robust and prudent management of the Company's
financial affairs throughout his tenure. George’s personal commitment, competence and integrity are widely recognised both internally and by our shareholders. The Board is grateful that he has agreed to facilitate an orderly transition with his successor. 

The Board is delighted to have recruited Rachel Kentleton as George Earle's successor following an externally-facilitated search process led by the nomination committee of the Board. Rachel brings considerable financial and operational experience together with a wide knowledge of investor relations and strategy"

There is no further information which would require disclosure under 9.6.13R of the Listing Rules of the UK Listing Authority.

Enquiries:
RLM Finsbury: 020 7251 3801
Rollo Head