Director appointments

22 September 2015

Xchanging plc

Director appointments

Chief Executive designate start date

Xchanging plc ('Xchanging'), the business technology and services provider, announces that existing Non-executive director, Stephen Wilson, has been appointed a member of the Company's Remuneration Committee, with effect from 1 January 2016. Stephen will fill the vacancy left by Michel Paulin, currently in the role, when Michel steps down from the Committee and Xchanging's Board at the end of 2015. Michel Paulin's departure on the expiry of his contract was reported in Xchanging's half year report published on 30 July 2015.

Xchanging is also pleased to report that Craig Wilson, whose appointment as the new Chief Executive was announced on 16 September 2015, will now join the Board of Xchanging as Chief Executive Designate with effect from 5 October 2015, instead of 1 November 2015, as reported in the 16 September 2015 announcement. Craig will assume the role of Chief Executive with effect from 1 January 2016, as previously announced.

Enquiries

Xchanging plc Tel: +44 (0) 203 604 6999

Geoff Unwin, Chairman

Alexandra Hockenhull, Director of Corporate Communications

and Investor Relations

Maitland Tel: +44 (0) 207 379 5151

Emma Burdett

Dan Yea

www.xchanging.com

@XchangingGroup

Linkedin/company/xchanging

Cautionary Statement: 

This announcement contains forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements often use words such as anticipate, target, expect, estimate, intend, plan, goal, believe, will, may, should, would, could, is confident, or other words of similar meaning. In particular, any statements regarding Xchanging's strategy, dividend policy and other future events or prospects are forward-looking statements.  Undue reliance should not be placed on any such statements because they speak only as at the date of this announcement and, by their very nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors (that could cause actual results, and Xchanging's plans and objectives, to differ materially from those expressed or implied in the forward-looking statements.

These forward-looking statements are not guarantees of future performance and there are a number of factors (many of which are outside of Xchanging's control) which could cause actual results to differ materially from those expressed or implied in forward-looking statements. Among these factors are: increased competition, the loss of or damage to one or more key customer relationships, changes to customer ordering patterns, delays in obtaining customer approval or price level changes, the failure of one or more key suppliers, the outcome of business or industry restructuring, the outcome of any litigation, changes in economic conditions, currency fluctuations, changes in interest and tax rates, changes in raw material or energy market prices, changes in laws, regulations or regulatory policies, developments in legal or public policy doctrines, technological developments, the failure to retain key management, or the key timing and success of future acquisition opportunities or major investment projects.

Save for those forward-looking statements required by the Listing Rules, the Disclosure and Transparency Rules and/or the Prospectus Rules, Xchanging undertakes no obligation to update these forward-looking statements, and will not publicly release any revisions it may make to these forward-looking statements that may result from events or circumstances arising after the date of this announcements. Xchanging therefore will comply with its obligations to publish updated information as required by law or by any regulatory authority but assumes no further obligation to publish any additional information.