PTS Patsystems

TIDMPTS

RNS Number : 2713W

Patsystems PLC

27 January 2012

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

27 January 2012

Patsystems plc

(the "Company" or "Patsystems")

Board Changes

Further to the announcement dated 26 January 2012 by Pattington Limited ("Pattington") that its recommended cash offer for Patsystems has been declared wholly unconditional in all respects, the Board of Patsystems announces that Richard Last, Stewart Douglas-Mann and John Priestley have resigned as directors of the Company with immediate effect.

In addition, the following individuals, Aram Hoare, Keith Grehan and Conor Clinch have been appointed as directors, as representatives of Pattington. Further details will be provided in due course.

Enquiries:

Patsystems plc

 
 David Webber, Chief Executive 
  Martin Thorneycroft, Chief 
  Financial Officer               +44 (0) 20 7490 0490 
 

Numis Securities Limited +44(0)20 7260 1000

Michael Meade / Richard Thomas as Nominated Adviser

David Poutney/ James Black as Corporate Broker

This information is provided by RNS

The company news service from the London Stock Exchange

END

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