TIDMPTCM

RNS Number : 4784I

Porta Communications PLC

09 August 2019

9 August 2019

Porta Communications Plc

Directorate Change

The Board of Porta Communications Plc (AIM: PTCM) announces that Rhydian Bankes is stepping down from the Board and as Chief Financial Officer of the Group with immediate effect and will remain with the Group until 1 November 2019.

He will continue to assist with the completion of the merger of the Group with SEC S.p.A., which is expected to become effective on 3 September 2019, and the orderly transfer of his responsibilities.

Commenting, John Foley, Chairman, said:

"On behalf of the Board, I would like to take this opportunity to thank Rhydian for his many significant contributions to the Group since joining in January 2016. He has been a valued member of the team and leaves us in a strong position as we embark on this next chapter in our story as SEC Newgate S.p.A. We wish him every success in the future."

A further announcement will be made in due course regarding the role of Group Chief Financial Officer.

- ends -

Enquiries to:

Porta Communications Plc

Brian Tyson, Joint CEO

Emma Kane, Joint CEO

www.portacomms.com

+44 (0) 20 7680 6500

Newgate Communications (Media Enquiries)

Bob Huxford

Adam Lloyd

+44 (0) 20 7680 6550

porta@newgatecomms.com

Grant Thornton UK LLP (Nominated Adviser)

Samantha Harrison

Ben Roberts

Seamus Fricker

+44 (0) 20 7383 5100

N+1 Singer (Broker)

Mark Taylor

Lauren Kettle

+44 (0) 20 7496 3000

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END

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August 09, 2019 02:00 ET (06:00 GMT)

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