Director Declaration

RNS Number : 6794Y

Proxama PLC

07 March 2017

Proxama Plc

("Proxama" or the "Company")

Director declaration

Proxama PLC (AIM: PROX), a leading mobile proximity marketing expert, has been informed by David Bailey, a Non-Executive Director of the Company, of the following disclosures pursuant to Rule 17 of the AIM Rules for Companies:

· WPMC Limited ("WPMC"), a company of which Mr Bailey was a director between 23 August 2013 and 1 February 2016, and majority shareholder from 4 January 2013, was placed into creditors' voluntary liquidation on 5 August 2015 ("Liquidation").

· The Liquidation came about following a claim made against WPMC by Sony/ATV Music Publishing LLC and ors ("SATV"), resulting in WPMC being ordered to pay SATV's costs of the Case, which it could not do.

· The Liquidation remains ongoing and at the time of the latest Liquidators' statement of receipts and payments, dated 4 August 2016, unsecured creditors (being SATV, Mr Bailey and the other former shareholder of WPMC) have submitted claims totalling £1,891,427.

Enquiries:

For further Information:

Proxama PLC

John Kennedy, Chief Executive

020 3668 2888

Peel Hunt LLP

(Nominated Adviser and Broker)

Richard Kauffer

Euan Brown

020 7418 8900

Redleaf Communications

Charlie Geller