VDM Van Der Moolen Ads

WNS Holdings debuts with $224 million IPO NEW YORK, July 26 /PRNewswire/ -- VDM Specialists, LLC today announced that it began the trading of WNS Holdings (NYSE:WNS), a leading Indian business process outsourcing (BPO) firm, on the New York Stock Exchange. The IPO comprised 11,202,708 million American Depositary Shares (ADS) at $20, raising approximately $224 million. WNS Holdings, which began operations as an in-house unit of British Airways in 1996, is today one of the top two Indian offshore BPOs in terms of revenue, according to the National Association of Software and Service Companies. The Company has more than 10,400 employees who provide a range of non-industry specific business services including finance and accounting, human resources, supply chain management and research and analytics. While other NYSE-listed Indian technology firms also operate BPO units, WNS is the first firm solely focused on BPO services to list on the exchange. "We are committed to our role in bringing global market leaders to the world's largest and most liquid equities exchange," said Robert Fagenson, CEO of VDM Specialists, LLC. "As one of the world's fastest growing markets, India remains an important focus for VDM and we are pleased to have added WNS to our prestigious client list" VDM Specialists also represents Tata Motors, India's largest automobile company, on the NYSE, and has a growing list of emerging market clients. Out of the 11,202,708 million ADS sold in the IPO, WNS issued 4,473,684 million new shares for the offering, raising $89.47 million for WNS Holdings. In addition, 6,729,024 million ordinary shares were sold by major shareholders, including Warburg Pincus and British Airways. The offering reduced the largest shareholder Warburg Pincus's stake in the company from 64.7 percent to 53.6 percent. About WNS Holdings WNS Holdings is a leading provider of offshore business process outsourcing, or BPO, services. The Company provides comprehensive data, voice and analytical services that are underpinned by its expertise in target industry sectors. WNS transfers the execution of the business processes of its clients, which are typically companies located in Europe and North America, to its delivery centers located primarily in India. WNS Holdings provides high quality execution of client processes, monitors these processes against multiple performance metrics, and seeks to improve them on an ongoing basis. About VDM Specialists, LLC As one of the largest specialist firms on the NYSE, VDM Specialists represents over 400 leading issues including Pfizer, Hewlett-Packard, The Walt Disney Co. and Tiffany & Co. Included are over 80 non-U.S. issues, spanning the Americas, Europe, Middle East, Africa and Asia Pacific, reflecting VDM Specialists' strong record of assisting market leaders worldwide. VDM Specialists is part of publicly traded Van der Moolen Holdings NV (NYSE:VDM). For more information about VDM Specialists, please visit http://www.vdm-usa.com/. DATASOURCE: VDM Specialists CONTACT: Company Contact - Mark A. Baer, Managing Director, +1-646-576-2700, ; Media Contact - Sanuber Bilguvar, Gavin Anderson & Company, +1-212-515-1957, Web site: http://www.vdm-usa.com/

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