FD Technologies PLC Proposed Divestment - Satisfaction of Conditions
14 November 2024 - 6:00PM
RNS Regulatory News
RNS Number : 1668M
FD Technologies PLC
14 November 2024
14 November 2024
FD Technologies
plc
("FD Technologies" or the
"Group")
Proposed Divestment of the
First Derivative Business - Satisfaction of
Conditions
FD Technologies (AIM: FDP.L,
Euronext Growth: FDP.I) is pleased to announce that all conditions
precedent to completion of the sale of the First Derivative
Business to EPAM Systems, Inc. (the "Divestment"), as further described in
the announcement in respect of the Divestment dated 7 October 2024,
have been satisfied. The Divestment is expected to complete on or
around 2 December 2024.
For
further information, please contact:
|
FD
Technologies plc
Seamus Keating, Chief Executive
Officer
Ryan Preston, Chief Financial
Officer
Derek Brown, Head of Investor
Relations
|
+44(0)28 3025 2242
www.fdtechnologies.com
|
|
|
|
|
Investec Bank plc
(Nominated Adviser and Broker)
Carlton Nelson
Virginia Bull
|
+44 (0)20 7597 5970
|
|
|
|
|
Goodbody (Euronext Growth Adviser and
Broker)
Tom Nicholson
Don Harrington
Jason Molins
|
+353 1 667 0420
|
|
|
|
|
J.P.
Morgan Cazenove (Broker)
James A. Kelly
Mose Adigun
Will Vanderspar
|
+44 (0)20 3493 8000
|
|
|
|
|
FTI
Consulting
Matt Dixon
Dwight Burden
Victoria Caton
|
+44 (0)20 3727 1000
|
About FD Technologies
FD Technologies is a group of
data-driven businesses that unlock the value of insight, hindsight
and foresight to drive organisations forward. The Group comprises
KX, which provides software to accelerate AI-driven innovation and
First Derivative, providing consulting services which drive digital
transformation in financial services and capital markets. FD
Technologies operates from 13 locations across Europe, North
America and Asia Pacific, and employs more than 2,400 people
worldwide.
For further information, please
visit www.fdtechnologies.com and www.kx.com
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END
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