Termination of Contract for D

RNS Number : 4165M

Experian plc

24 May 2010

 



Experian plc

Termination of Contract for Differences

24 May 2010 - Experian plc, the global information services company, hereby notifies the market of the following:  

The Company has received notification that, on 21 May 2010, Experian Finance plc terminated a contract for differences over 4,700,000 ordinary shares of US 10 cents each in the Company ("ordinary shares") in London at a price of 592p per share. Experian Finance plc held the contract for differences for the purposes of hedging the cost of the Group's employee share plans.

Don Robert and Paul Brooks, directors of the Company, are also directors of Experian Finance plc. Therefore, for the purposes of the Disclosure and Transparency Rules, Experian Finance plc is a connected person of Don Robert and Paul Brooks.

The notification to the Company was made in accordance with Disclosure Rule 3.1.2R. This notification is made in compliance with Disclosure Rule 3.1.4R.

Further, the Company has received notification that, on 21 May 2010, the Experian Employee Benefit Trust purchased 4,700,000 ordinary shares from the counterparty to the contract for differences, at a price of 592p per share.

Contact:

Experian

Ronan Hanna

Deputy Company Secretary

[phone]

 

END

 

 

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