Appointment of Non-Executive Director
(Thomson Reuters ONE) - PayPoint plc ("the Company") Appointment of non-executive director22 October 2009PayPoint plc is pleased to announce the appointment of Nick Wiles asa non-executive director to the board.Nick Wiles is currently Chairman of UK investment banking at Nomura.He has worked in banking for more than 20 years, with the majority ofthis time at Cazenove & Co, where he was a partner prior toincorporation. He is a non-executive director at Strutt & Parker.There are no other details to be disclosed in respect of therequirements of paragraph 9.6.13R of the Listing Rules of the UKFinancial Services Authority.EnquiriesCompany SecretarySusan Court 01707 600316About PayPointPayPoint is the leading cash and internet payments company in the UK,with operations also in Ireland and Romania. It handles nearly £9billion from over 540 million transactions annually for more than6,000 clients and merchants. The company operates several businesses:* The PayPoint branded retail network numbers over 22,000 terminals located in local shops (including Co-op, Spar, McColls, Costcutter, Sainsburys Local, One Stop, Londis and thousands of independents) in all parts of the UK and Ireland. Our terminals process gas and electricity meter prepayments, cash bill payments, mobile phone top-ups, transport tickets, BBC TV licences and a wide variety of other payment types for most leading utilities, telecommunications suppliers and many consumer service companies;* An ATM network which has over 2,300 'LINK' branded machines across the UK, typically in convenience stores;* PayPoint.net, an internet payment service provider, delivers secure online credit and debit card payments for over 5,000 web merchants, linking into all major UK acquiring banks;* Pay Store SRL, trading as PayPoint Romania, a mobile top-up operator with over 5,700 outlets equipped with electronic terminals. A bill payment service has been added to increase the breadth of PayPoint's offering in Romania, emulating the UK branded retail network; and* Collect+, a joint venture with Home Delivery Network Limited, provides a parcel collection and drop off service at its retailers.PayPoint floated on the London Stock Exchange in September 2004 andthe company's market capitalisation at 13 August 2009 was £362million.---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Bereitgestellt von Benutzer: hugin
Datum: 22.10.2009 - 10:46 Uhr
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