1st Jun 2016 12:42
1 June 2016
Sanne Group plc
("Sanne" or "the Group")
COMPLETION OF ACQUISITION
Sanne, the specialist provider of outsourced corporate and fund administration, reporting and fiduciary services, announces today that further to its statement on 15 March 2016, the acquisition of IDS Fund Services ("IDS") is now complete, following the receipt of regulatory approvals in both South Africa and Malta.
Enquiries:
Sanne Group plc Dean Godwin, Chief Executive Officer Spencer Daley, Chief Financial Officer
| +44 (0) 1534 722 787 |
Investec Bank plc Garry Levin / James Ireland Josh Levy / Matt Lewis
| +44 (0) 20 7597 5970 |
Tulchan Communications LLP Tom Murray Stephen Malthouse
| +44 (0) 20 7353 4200 |
About Sanne
Sanne is a specialist global provider of outsourced corporate and fund administration, reporting and fiduciary services.
Established for over 25 years and listed on the Main Market of the London Stock Exchange, Sanne now employs more than 500 people worldwide and administers structures and funds that have in excess of €110 billion of assets.
The Group targets alternative asset markets that have high barriers to entry and require specialist expertise to service. Key clients include alternative asset managers, financial institutions, family offices and corporates.
The Group has a presence in established, international financial centres including Jersey, Guernsey, London, Luxembourg, Dublin, Malta, South Africa, Dubai, Hong Kong, Shanghai and Singapore.
www.sannegroupplc.com / www.sannegroup.com
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