The board of directors of PSV Holdings Limited notified its shareholders that Mr. Carlos Fernandes, the current Interim Chief Executive Officer, has stood down from such position with effect from 31 October 2019 in order to revert to the role of non-executive director. Shareholders will be advised of the appointment of the new Interim Chief Executive Officer in due course. Mr. Roger Pitt has resigned as Chief Financial Officer and an Executive Director of PSV with effect from 31 October 2019.

Roger will however, remain with the company during his notice period, which ends on 31 January 2020. Shareholders will be advised of the appointment of the new Chief Financial Officer once the Board has identified a suitable candidate.