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Completion of disposal

Released 08:01 08-Mar-2017

RNS Number : 8002Y
SDL PLC
08 March 2017
 

 

 

 

 

 

SDL plc

 

Completion of disposal

 

8 March 2017, Maidenhead, U.K. - SDL plc ("SDL", "Group" or the "Company"; LSE: SDL), the global innovator in language translation technology, services and content management, is pleased to announce the completion of its disposal of Fredhopper BV and its subsidiaries (together "Fredhopper") to ATTRAQT Group plc ("ATTRAQT").

 

Following ATTRAQT's completion of a firm placing and open offer to raise £27.8m, and subsequent re-admission to trading on AIM of its ordinary shares, ATTRAQT has achieved all outstanding closing conditions and consequently, SDL has today completed the disposal of Fredhopper.

 

Full details regarding the disposal are given in SDL's announcement dated 30 January 2017.

 

For further information please contact:

 

SDL plc

Tel: 01628 410 127

Adolfo Hernandez, Chief Executive Officer

Dominic Lavelle, Chief Financial Officer




Investec Bank plc

Tel: 020 7597 5970

David Flin

Junya Iwamoto




FTI Consulting LLP

Tel: 020 3727 1000

Edward Bridges / Emma Appleton


 

 

About SDL

SDL (LSE: SDL) is the global innovator in language translation technology, services and content management. For more than 20 years, SDL has transformed business results by enabling nuanced digital experiences with customers across the globe so they can create personalized connections anywhere and on any device. Are you in the know? Find out more at SDL.com and follow us on Twitter, LinkedIn and Facebook.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Completion of disposal - RNS