Disposal

RNS Number : 3019E

London Stock Exchange Group PLC

05 April 2011

 



London Stock Exchange Group plc has agreed the sale of Servizio Titoli SpA, a provider of shareholder management services to listed companies in Italy, to Computershare Limited for total cash consideration of €30.0 million plus an amount of up to €2.4 million for the net cash balance as at completion.   Revenue for Servizio Titoli for the financial year ended 31 March 2010 was €9.3 million.

The disposal is expected to complete in mid May.

Contacts:

Investor Relations: 

Paul Froud [phone]

Media:

Lauren Crawley-Moore   [phone]

 

END

 

 

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