Tungsten Corporation PLC Directorate Change (6725S)

TIDMTUNG

RNS Number : 6725S

Tungsten Corporation PLC

21 March 2016

TUNGSTEN CORPORATION PLC

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

21 March 2016

For Immediate Release

Change to the Board of Directors

The Board of Tungsten Corporation PLC ("Tungsten") announces that Mr. Edmund Truell has stepped down from the Board with immediate effect.

Nick Parker, Chairman of Tungsten, said, "The Board of Tungsten would like to thank Edi for his significant contribution to the creation of Tungsten."

Enquiries:

 
 Tungsten Corporation plc. 
  Richard Hurwitz, Chief Executive 
  Officer 
  David Williams, Chief Financial 
  Officer 
  Cynthia Alers, Head of Investor             +44 (0)7469 
  Relations                                    144 546 
-------------------------------------------  ----------------- 
 
 Panmure Gordon (Nominated 
  Advisor)                                    +44 (0)20 7886 
  Fred Walsh/Peter Steel                       2500 
-------------------------------------------  ----------------- 
 
 Canaccord Genuity Limited 
  (Broker) 
  Simon Bridges/Cameron Duncan/Emma             +44 (0)20 7523 
  Gabriel                                       8000 
-------------------------------------------  ----------------- 
 
 Neustria Partners (Investors 
  and Analysts) 
  Robert Bailhache/Nick Henderson/Charles       +44 (0)20 3021 
  Gorman                                        2580 
-------------------------------------------  -----------------

About Tungsten Corporation plc

Tungsten Corporation (LSE: TUNG) aims to be the world's most trusted business transaction network by using data intelligently to strengthen the global supply chain.

Tungsten Network is a secure e-invoicing platform that brings businesses and their suppliers closer together with unique technology that revolutionises invoice processing, maximises efficiency and improves cashflow management. The network also provides users with real-time spend analysis through Tungsten Analytics, and offers access to Tungsten Early Payment, a form of alternative finance for businesses.

Tungsten serves 56% of the Fortune 500 and 67% of the FTSE 100. It enables suppliers to submit tax compliant e-invoices in 47 countries, and last year processed transactions worth over $187bn for organisations such as Alliance Data, Aviva, Cargill, Deutsche Lufthansa, General Motors, GlaxoSmithKline, Henkel, IBM, Kellogg's and the US Federal Government.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 21, 2016 03:01 ET (07:01 GMT)

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