NEW YORK, April 15, 2013 /PRNewswire/ -- Computershare
(ASX: CPU) today announced that it has agreed to acquire
approximately 25 percent of INVeSHARE, Inc., an innovative company
providing both state-of-the-art and traditional solutions for
regulated shareholder communications. Computershare has also been
granted options that will allow it to move to full ownership of
INVeSHARE in 2018 or 2019.
Together, INVeSHARE and Computershare will improve the way
shareholder communications are packaged and delivered in the North
American markets, giving better outcomes for financial institutions
such as broker dealers and clearing firms; and investors and
issuers.
Paul Conn, President of
Computershare's Global Capital Markets group, shares the
opportunity that the investment represents, "Investor
communications is at the heart of what we do, and this investment
offers us the ideal vehicle for reaching into the large
"street-name" market segment. It's a great opportunity to deploy
both our scale and communications capabilities to assist INVeSHARE
in servicing broker dealers and other financial
intermediaries."
INVeSHARE CEO, Davidi Gilo
added,"We are very excited with this new chapter in our business
evolution and the strength Computershare brings in many areas.
The combination of Computershare's capabilities and
leadership with INVeSHARE's industry-changing approach will benefit
financial intermediaries, their customers and the issuer community.
It will provide a highly-competitive alternative for
broker-dealers and other intermediaries. The financial
services industry is gaining a strong and much needed competitor
that will bring innovative technologies to market and rationalize
the cost structure for all stakeholders."
INVeSHARE and Computershare will be jointly exhibiting at the
Securities Industry and Financial Markets Association
Operations Conference in Florida
from April 28th to
May 1st 2013.
About Computershare Limited
Computershare (ASX: CPU)
is a global market leader in transfer agency and share
registration, employee equity plans, proxy solicitation and
stakeholder communications. We also specialise in corporate trust,
mortgage, bankruptcy, class action, utility and tax voucher
administration, and a range of other diversified financial and
governance services.
Founded in 1978, Computershare is renowned for its expertise in
high integrity data management, high volume transaction processing
and reconciliations, payments and stakeholder engagement.
Many of the world's leading organisations use us to streamline
and maximise the value of relationships with their investors,
employees, creditors and customers.
Computershare is represented in all major financial markets and
has over 12,000 employees worldwide.
For more information, visit www.computershare.com
About INVeSHARE
INVeSHARE is an Atlanta, Georgia based company providing
state-of-the-art and traditional solutions for shareholder
communications. Our innovative approach to the delivery of
regulated shareholder communications is both scalable and
affordable, providing the lowest cost delivery option in the
industry and benefitting financial institutions, brokers, investors
and issuers alike.
For more information, please visit www.inveshare.com
For more information, please contact:
Rachel Hamilton-Wilkes
Computershare
+1 310 751 1817
rachel.hamiltonwilkes@computershare.com
SOURCE Computershare