Contact

IR Contacts

Alfa

Moor Place, 1 Fore St Ave,
London EC2Y 9DT
United Kingdom

IR@alfasystems.com
+44 (0)20 7588 1800

whistleblowing@alfasystems.com

Tulchan

Tulchan Group, 85 Fleet St,
London EC4Y 1AE
United Kingdom

+44 (0)20 7353 4200

Brokers

Barclays

100 Fenchurch St,
London EC3M 5JD

Numis

10 Paternoster Sq.,
London EC4M 7LT

  • Companies Act 2006 Section 430(2B) Statement – Vivienne Maclachlan

Companies Act 2006 Section 430(2B) Statement – Vivienne Maclachlan

Alfa Financial Software Holdings PLC (the “Company”)

Companies Act 2006 Section 430(2B) Statement – Vivienne Maclachlan

As announced on 4 April 2019, Vivienne Maclachlan stepped down as CFO and as a Director from the Board on 26 April 2019 (the “Leaving Date”). The following information is provided in accordance with section 430(2B) of the Companies Act 2006.

All payments are in line with the Company’s stated Remuneration Policy (published in the 2017 Annual Report) and approved by the shareholders at the 2018 Annual General Meeting. Vivienne Maclachlan will receive payment equivalent to twelve months base salary in lieu of notice, including 10% pension contribution. Half of this payment will be made by 14 May 2019, with the remaining amount paid in four equal monthly instalments to August 2019. Vivienne Maclachlan will not be eligible to receive a bonus in respect of the financial year ending 31 December 2019, and did not receive a bonus in respect of the financial year ended 31 December 2018. Vivienne Maclachlan does not hold any outstanding awards under the LTIP.

The Company’s Remuneration Report for the financial year ending 31 December 2019 will include details of the remuneration earned by Vivienne Maclachlan as an Executive Director during the relevant period.