PHD.L Regulatory News (PHD)

29 April 2019

Proactis Holdings PLC

Board Appointment

PROACTIS Holdings PLC ("Proactis" or the "Company"), the global spend management and B2B eCommerce solution provider, is pleased to announce the appointment of Richard Hughes as Chief Financial Officer and to the Board of Directors, with an effective start date of 20 May 2019.

Richard has significant experience in financial control, accounting, reporting, compliance and governance across EMEA, CALA and APAC gained through his roles at ARRIS International plc and formerly with Pace plc where he has worked since joining the Pace Group in 2011 (Pace was subsequently acquired by ARRIS in 2016). In his role as Finance Director, International of ARRIS International plc, he led the international finance function integrations of both Pace plc and the ARRIS Enterprise Networks Business Unit following their respective acquisitions. Prior to joining Pace plc Richard held senior positions at PwC for 7 years and worked for them in both Australia and the UK.

Tim Sykes, Chief Executive Officer, commented:

"We are delighted to have Richard join the Proactis Board. He has substantial experience working within and helping to grow publicly-listed companies operating internationally. We are confident that his appointment will bring immediate value to our Board and the Company as a whole and we look forward to working alongside Richard to re-focus the Group and drive growth in what continues to be an attractive market."

The following information is disclosed in relation to Richard Gareth Hughes, age 41, pursuant to Schedule Two paragraph (g) and Rule 17 of the AIM Rules for Companies:

Current Directorships / Partnerships:

None

Previous Directorships / Partnerships (held in the past five years)

Pontefract Family Centre

There is no further information to be disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies.

For further information, please contact:

Notes to Editors:

Proactis creates, sells and maintains software and services which enable organisations to streamline, control and monitor all indirect expenditure. Its solutions are used in approximately 1,000 buying organisations around the world from the commercial, public and not-for-profit sectors.

Proactis is head quartered in the UK and floated on the AIM market of the London Stock Exchange in June 2006.