Source - RNS
RNS Number : 4700J
Worldpay Group PLC
09 September 2016


Worldpay Group plc

('the Company')

Directorate change  


London, 9 September 2016 - As announced earlier today, 9 September 2016, Ship Global 2 & Cy S.C.A. ("Ship Global 2"), a company jointly owned by funds managed by Advent International Corporation (the 'Advent Funds') and by Bain Capital LLC (the 'Bain Funds'), has formally notified the Company that its percentage holding of voting rights has reduced to approximately 10.7%, following a disposal of ordinary shares in the Company.

In accordance with its Relationship Agreement with the Company, Ship Global 2 has now ceased to be entitled to appoint Directors to the Board of the Company (the 'Board'). Accordingly, the Advent Funds' representative, James Brocklebank (Non-Executive Director) and the Bain Capital Funds' representative, Robin Marshall (Non-Executive Director) have resigned from the Board with immediate effect.

Sir Michael Rake, Worldpay's Chairman, said: "I would like to thank James and Robin for their significant contributions to the Company during the period under private equity ownership and, more recently, as a successful constituent of the FTSE100."



In accordance with Section 430(2B) of the Companies Act 2006, the Company confirms that neither James Brocklebank nor Robin Marshall:

·    Received any fees from the Company in respect of their directorships of the Company;

·    Will receive any payment from the Company after ceasing to be a Director of the Company; and

·    Will receive any payment from the Company for loss of office.





For more information please contact:  


Worldpay Group plc





Derek Woodward, Group Company Secretary

[email protected]

 +44 (0) 7342 082 043

Charles King, Investor Relations Director                    

[email protected]

 +44 (0) 20 3664 6171



James Murgatroyd, James Fearnley, Andrew Hughes

[email protected]

 +44 (0) 20 7251 3801


About Worldpay Group plc

Worldpay (LSE: WPG) is a leader in global payments. We provide an extensive range of technology-led payment products and services to over 400,000 customers, enabling their businesses to grow and prosper. We manage the increasing complexity of the payments landscape for our customers, allowing them to accept the widest range of payment types around the world. Using our network and technology, we are able to process payments from geographies covering 99% of global GDP, across 146 countries and 126 currencies.  We help our customers to accept more than 300 different payment types.  



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