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Fidessa Group PLC   -  FDSA   

Response to press speculation

Released 07:10 05-Apr-2018

RNS Number : 9111J
Fidessa Group PLC
05 April 2018
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

 

THIS ANNOUNCEMENT IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") AND THERE CAN BE NO CERTAINTY THAT AN OFFER WILL BE MADE OR AS TO THE TERMS OF ANY OFFER.

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

 

FOR IMMEDIATE RELEASE

 

5 April 2018

 

Fidessa group plc

 

Response to press speculation

 

The Board of Fidessa group plc ("Fidessa") notes the press speculation in relation to potential bidders for Fidessa.

 

Fidessa confirms that the party identified as Party A in Fidessa's announcement of 3 April 2018* is ION Investment Group Limited ("ION"), and the other party is SS&C Technologies Holdings, Inc. ("SS&C"). No proposed terms have been received from SS&C at this stage.

 

This announcement has been made without the consent of ION and SS&C.

 

 

 

 

Important notices

 

* Fidessa's announcement of 3 April 2018 is available at http://www.fidessa.com/document/4602

 

In accordance with Rule 26.1 of the Code, a copy of this announcement will be available on Fidessa's website: http://www.fidessa.com/about-fidessa/investor-relations/rns-announcements. The content of the websites referred to in this announcement is not incorporated into and does not form part of this announcement.

 

This communication is not intended to and does not constitute an offer to buy or the solicitation of an offer to subscribe for or sell or an invitation to purchase or subscribe for any securities or the solicitation of any vote in any jurisdiction. The release, publication or distribution of this communication in whole or in part, directly or indirectly, in, into or from certain jurisdictions may be restricted by law and therefore persons in such jurisdictions should inform themselves about and observe such restrictions.

 

The information contained within this announcement is considered by Fidessa to constitute inside information as stipulated under the Market Abuse Regulation (EU) No.596/2014 ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information will be considered to be in the public domain.

 

The person responsible for arranging for the release of this announcement on behalf of Fidessa is Anil Shah, Company Secretary.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Response to press speculation - RNS