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Disposal Update

22nd May 2015 08:00

RNS Number : 0217O
Quindell PLC
22 May 2015
 



22 May 2015

 

 

Quindell Plc

 

("Quindell" or the "Company" or the "Group")

 

 

Disposal Update

 

 

On 30 March 2015, the Company announced that it had entered into a conditional sale and purchase agreement to dispose of its Professional Services Division to Slater and Gordon Limited ("Disposal") subject to certain conditions.

 

The Board is pleased to announce that the approval of the Financial Conduct Authority has been granted and the Disposal is now unconditional. Completion will take place in due course and a further announcement will be made by the Company upon Completion.

 

 

Quindell Plc

Tel: 01489 864 200

David Currie, Non-executive Interim Chairman

Robert Fielding, Group Chief Executive

Stephen Joseph, Head of Investor Relations

Tulchan Communications

Tel: 020 7353 4200

Tom Buchanan

Victoria Huxster

Cenkos Securities plc, Nominated Adviser and broker

Tel: 020 7397 8900

Stephen Keys

Mark Connelly

Rothschild, Financial Adviser

Tel: 020 7280 5000

Majid Ishaq

John Byrne

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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