Pci-pal Regulatory News (PCIP)

PCI-PAL PLC

("PCI-PAL", the "Group" or the "Company")

Directorate Change

PCI-PAL PLC (AIM: PCIP), the supplier of contact centre payment solutions which enable organisations to take customer payments securely, de-risking their business from the threat of data loss and cybercrime, is pleased to announce the appointment of William Good as Chief Financial Officer, effective 1 April 2017. As previously announced on 19 January 2017, Andy Francombe intends to step down from the Board to pursue his other business interests following an orderly handover of responsibilities.

Previously, William Good was the Chief Financial Officer of Card Clear plc, Retail Decisions plc, Revenue Assurance Services plc and Managed Support Services plc and so has nearly 20 years' experience of Main Market listed and AIM quoted companies. He joins PCI-PAL from Beck Optronic Solutions Ltd, where he has been Finance Director since 2014.

William Catchpole, CEO of PCI-PAL, commented: "I am delighted to welcome William to the Board as Chief Financial Officer. William has pursued a varied career, and has enjoyed senior roles within some extremely relevant companies, in particular at Card Clear and Retail Decisions, the credit card processing and international fraud prevention service companies. With this extensive experience we are confident William will make a significant contribution to our business as we continue to deliver on our UK and International growth strategy."

Additional information to be disclosed under Schedule 2(g) and Rule 17 of the AIM rules is included below.

Notes to Editors:

PCI-PAL is a supplier of contact centre payment solutions which provides products and services enabling organisations to take customer payments securely; to store customer data safely, in particular credit card data; and to de-risk their business from the threat of data loss and cybercrime.

PCI-PAL solutions are currently used in more than 60 organisations, many of which are global businesses in the retail, services, and utilities sectors. Utilising PCI-PAL technology ensures our customers meet the stringent PCI-DSS Level 1 industry rules, as laid down by the global Payment Card Issuers such as Visa and Mastercard and the regulations governing customer data protection.

PCI-PAL floated on the AIM market of the London Stock Exchange in September 2000. In September 2016, the Board decided to solely focus on its PCI-PAL solutions with the sale of its contact centre operations for £6.7m. The Board believes that the Company now has the cash resources to fully implement its UK and International growth plans.

Further declaration:

Thomas William Good (52) has held the following directorships within the five years prior to the date of this announcement:

William Good was a director of Davin Optronics Limited when it was placed into administration on 13 October 2014. The administration was concluded and finalised on 19 October 2015. Preferential creditors were paid a dividend of 38 pence in the pound relating to claims totaling £77,514. There was an estimated shortfall to unsecured creditors of £1,998,941. The creditor holding a first charge was paid off in full. The Company was struck off on 3 January 2017.

Other than the information contained in this announcement, there is no further information required to be disclosed under Rule 17 and Schedule Two, paragraph (g) of the AIM Rules.