2nd Sep 2013 07:00
Xchanging plc
Further to our announcements of 15 May 2013, 10 July 2013 and 26 July 2013, Xchanging plc announces that with effect from 1 September 2013, Xchanging Holdco No. 3 Limited ("Xchanging") has: (i) disposed of its 51% shareholding in Xchanging etb GmbH ("Xetb"), including Xetb's wholly-owned subsidiary Xchanging Transaction Bank GmbH ("XTB"), to PBC Banking Services GmbH (a wholly-owned subsidiary of Deutsche Bank AG); and (ii) XTB has transferred its 51% shareholding in Fondsdepot Bank GmbH ("FdB") to Xchanging. The other 49% shareholding in FdB remains owned by Allianz Global Investors Europe GmbH.
Enquiries:
Xchanging plc | Tel: +44 (0) 207 780 6999 |
David Bauernfeind, Chief Financial Officer
Alexandra Hockenhull, Director of Corporate Communications
and Investor Relations
Maitland | Tel: +44 (0) 207 379 5151 |
Brian Hudspith
Emma Burdett
Daniel Yea
About Xchanging
What we areXchanging provides business processing, technology and procurement services internationally for customers across multiple industries.What we doXchanging brings innovation, thought leadership and passion to its customers' businesses so as to enhance performance and value. Our values are embedded into everything we do.What we want to beXchanging wants to be regarded as the best provider in its chosen markets by delivering services that are recognised for outstanding quality, reliability and innovation.
www.xchanging.com
Related Shares:
XCH.L