First Global Data Limited announced that Peter Lacey, who had served on the company's Board of Directors and as chair of the Board's audit committee since November 2017, and Douglas Smith, have tendered their resignation to the Company. Both Mr. Lacey and Mr. Smith cited personal reasons requiring their immediate attention that no longer allow them to dedicate the time and attention necessary for First Global. With the resignation of Mr. Lacey, the Audit Committee will be reconstituted to include Ray Wieler, as interim chair, along with Kevin Price and Naresh Singh. The Board is currently comprised of Ray Wieler, Kevin Price, Naresh Singh and Andre Itwaru. The company announced that the Board has appointed a special committee of directors to advise with respect to a potential revenue recognition issue. The members of the Special Committee are Ray Wieler, as Chair, and Kevin Price and they will be assisted by Chairman and CEO Andre Itwaru.