Mi-Pay announced that Mike Stone has resigned from his position as Non-Executive Director of the company, in order to pursue other business interests. As a result, the resolution regarding his re-appointment as a Director of the company will not be proposed at the company's AGM later 15 May 2017. Mike's positions on the Company's Remuneration Committee and Nominations Committee will be taken by Ed Lascelles (Non-Executive Director), whilst Seamus Keating (Non-Executive Chairman) will become chairman of the Company's Audit and Risk Committee.