The Company’s 2016 Annual General Meeting, to be held on 16 December 2016 at 1 Cornhill London EC3V 3ND. The annual accounts for the year ended 30 June 2016...
PCI-PAL PLC is incorporated in England (Registration No. 3869545) and the main country of operation for the Group is the United Kingdom.
Christopher Michael Fielding
Jason Stuart Starr
William Alexander Catchpole
James Christopher Barham
7 Gamma Terrace, Ransomes Europark
Ipswich, Suffolk, IP3 9FF
Bankers: Natwest Bank PLC and Barclays Bank PLC
Solicitors: Shepherd and Wedderburn LLP
Auditors: Grant Thornton UK LLP
Nominated Adviser and Broker: Nplus1 Singer Advisory LLP (N+1 Singer)
Registrars: Capita Asset Services
Company Secretary: Andrew Francombe
The Remuneration Committee consists of Chris Fielding and Jason Starr. The committee is responsible for setting the terms and conditions of employment for the executive directors and meet on two occasions during the year.
The current policy is to set remuneration in accordance with market conditions in order to attract, retain and motivate the executive board.
The committee reviews Group performance and arising from those reviews may determine performance related bonuses.
No director is involved in deciding his or her own remuneration level or performance related bonuses.
The fees for non-executive directors are set at smaller turnover AIM quoted market rates to attract individuals with the necessary experience and ability to make a substantial contribution to the Group’s affairs and its continued development.
Whilst the Audit Committee formally consists of Jason Starr and Chris Fielding, due to the size of the Company, any business relating to the audit has been considered by the full board.
Our audit partner can however raise any issues and request a meeting of the committee if it is felt that any governance or other issues need to be discussed without the executive directors attendance.
Corporate Governance Code
Whilst no formal corporate governance code has been adopted, the Directors recognise the importance of high standards of corporate governance and intend that the Company, where practicable for a public company of its size and nature, will comply with the principal provisions of the UK Corporate Governance Code.
PCI-PAL PLC is a market leader in secure payment services for business, providing products and services that enable organisations to securely take customer payments, safely store customer data, in particular credit card data, and to de-risk their business activities from the threat of data loss and cybercrime.
The Group consists of the holding company PCI-PAL PLC and the following subsidiaries:
PCI-PAL PLC – Company number: 3869545
PCI-PAL (U.K.) Limited – Company number: 3960535
The Number Experts Limited – Company number: 6535463
Vital Contact (UK) Limited – Company number: 3997033
IP3 Telecom Limited – Company number: 6535465
Group Vat Registration Number: GB 792439689
The companies are incorporated in England and the main country of operation is the United Kingdom.
PCI-PAL PLC changed its name from IPPlus PLC in September 2016. IPPlus PLC changed its name from County Contact Centres Plc in September 2008. County Contact Centres Plc changed its name from Countyweb.com PLC in September 2001.
The company’s shares are listed and traded on AIM, a market operated by the London Stock Exchange (EPIC: CIP).
The Company’s shares are not listed on any other exchange or trading platform.
The Current Share Price is available via the LSE link above. The company’s EPIC is changing effective from 3rd October 2016 to PCIP.
For Financial Results please see the Corporate News page.
AIM securities not in public hands: 57.09%
There are no restrictions on the transfer of AIM securities.
Total Voting Rights and Capital
The Capital of the Company consists of 31,721,178 ordinary shares with a nominal value of 1p each.
The total voting rights of the company is 31,553,949 ordinary shares as the company holds 167,229 shares in treasury.
|P M Brown||1,601,000||5.07|
|W A Catchpole||2,803,873||8.89|
|R S Gordon||1,045,688||3.31|
Directors duties and biographical details
Email – firstname.lastname@example.org
William Alexander Catchpole – Chief Executive Officer
Previously a director for 16 years of KDM International PLC, William was appointed Managing Director of Countyweb.com PLC in 1999. Splitting the business away from its parent company, William coordinated the launch of the Internet start-up on the London Stock Exchange AIM market in 2000, raising £5 million in funding. The company evolved rapidly, selling the Internet directory and database business and then focussed the group resources on Call Centre Services and Call Centre Software. Having renamed the business in 2001 as County Contact Centres PLC to reflect the call centre focus, the company grew to over 500 staff and sold its software in over 40 countries. Changing name again in 2008, to IPPLUS PLC, the company continued to grow, adding a Telecoms division, Disaster Recovery and Document Storage divisions. The Document Storage business was sold off in 2014. In 2016, William again restructured the company, deciding to focus solely on credit card compliance systems as PCI-PAL PLC. The call centre, the offices and software businesses were sold enabling £1m to be returned to shareholders and the balance being used to fund an acceleration of the credit card business.
Geoffrey Forsyth CEng FBCS CITP FRSA – CTO
After a career spent in the nuclear power industry Geoff joined KDM International PLC as the Internet Services Division Manager in 1996 and then played a key part in the demerger from KDM in 1999. He was responsible for the design, development and infrastructure of the COUNTYWeb Internet directory and was instrumental in the design and development of the CallScripter software package used and sold by the company. Geoff is a Fellow of the British Computer Society.
Geoff is responsible for all technical infrastructure systems, ISO compliance and IT Security as well as Health and Safety matters.
Christopher Michael Fielding BA FCA – Non Executive Director
Christopher is Head of Corporate Finance at W H Ireland and has over thirty years’ of corporate and financial experience. Previous to his current role Chris worked at Arden Partners and spent eleven years prior to that at Hoare Govett, where he was a director of Corporate Finance. He qualified as a chartered accountant with Price Waterhouse and held appointments at Thomas Cook, Cadbury Schweppes and Barclays de Zoete Wedd.
Chris is Chairman of the Audit Committee and a member of the Remuneration Committee.
James Christopher Barham – Commercial Director
James graduated from Bath Spa University and worked for Hiscox PLC and Call Connection Ltd before joining IPPlus in 2008, where he held several senior management positions before being appointed to the Board in 2015. James is responsible for sales, operations and commercial development, and has been instrumental in the growth of our telecoms and payment service offering; specifically, the evolution of the PCI-PAL product suite.
Andrew Kevin Francombe – Chief Financial Officer
Chief Financial Officer and Company Secretary, Andy is a Fellow of the Institute of Chartered Accountants in England & Wales having qualified with Ernst & Young. Andy has held senior finance roles for The Coca-Cola Company in Europe and Macquarie Bank, in addition to being Finance Director at Conran Restaurants and Deputy Finance Director at Schweppes Beverages.
Jason Stuart Starr – Non executive director
Jason is Chief Executive Officer of Dillistone Group PLC (“Dillistone”), the AIM quoted International supplier of software and services for the recruitment sector. Jason joined Dillistone in 1994 and was appointed Marketing Manager in 1996 before becoming Managing Director of Dillistone’s UK business in 1998 and then CEO of Dillistone Group PLC when it was admitted to trading on AIM in 2006. Jason has a BA (Honours) business studies degree from the London Guildhall University.
Jason is Chairman of the Remuneration Committee and is a member of the Audit Committee.
Takeovers and Mergers
The Company is subject to the UK City Code on Takeovers and Mergers.
This website was last updated on 3rd March 2017. This information is disclosed for the purpose of Rule 26 of the AIM rules.
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