FEEDBACK PLC — Board/Management Information 2017

May 2, 2017

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RNS Number : 8009D

Feedback PLC

02 May 2017

2 May 2017

Feedback plc

("Feedback", the "Group" or the "Company")

Notice of Resignation of Director

Feedback plc (AIM: FDBK), the medical imaging software company announces that Tom Charlton, non-executive Deputy Chairman of the Company, has given notice to the Board of Feedback that he intends to step down as a director on 30 May 2017 in order to devote more time to his other investment activities. Tom Charlton has indicated that he is prepared to enter into an orderly market agreement in respect of his substantial shareholding after he ceases to be a Director.  The directors of the Company intend to appoint a further non-executive director with the appropriate skills to assist the Company in its next stage of development and a further announcement will be made in due course.

Dr. Alastair Riddell, non-executive Chairman, said, "I should like to thank Tom for his invaluable support of the Company following its readmission in 2014 which has enabled it to achieve remarkable progress to date.  The recent placing now gives the Company the requisite capital to invest in building its commercial, regulatory and technical support capabilities to match the potential unlocked by the imminent CE mark and major collaborative distribution agreements. I look forward to the board being strengthened with the appointment of a further non-executive director to assist the Company through this significant growth phase."

Tom Charlton said, "Having been the driving force behind Feedback's move into medical imaging, I had always planned to step down as a Director after bringing in Alastair as an experienced Chairman to lead the Company to the next stage in its development. The future success of the Company is my key objective and therefore I am prepared to enter into an orderly market agreement regarding my shareholding to reassure shareholders."

For further information contact:

Feedback plc Dr Alastair Riddell	Tel: 01954 718072
Allenby Capital Limited (Nominated Adviser and Joint Broker) David Worlidge / Virginia Bull/ James Thomas	Tel: 020 3328 5656
Northland Capital Partners Ltd (Joint Broker) Patrick Claridge / Margarita Mitropoulou	Tel: 020 3861 6625
Peterhouse Corporate Finance Ltd (Joint Broker) Lucy Williams / Duncan Vasey	Tel: 020 7469 0936

This information is provided by RNS

The company news service from the London Stock Exchange

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