Porta Communications PLC – Directorate Change

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.

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