18th Jan 2021 07:00
18 January 2021
EQUINITI GROUP PLC
STATEMENT REGARDING POTENTIAL DIVESTMENT
Equiniti Group Plc ("EQ" or "the Group") confirms it is in discussions to divest a key part of Equiniti Financial Services Limited, namely EQi's direct-to-consumer customer book, predominantly the Selftrade business.
Negotiations are ongoing but subject to commercial, operational and regulatory discussions. Accordingly, there is no certainty as to whether the transaction will take place at this moment in time, or at all.
A further announcement will be made if or when a definitive agreement has been reached.
This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation.
For further information please contact:
Analyst/Investor enquiries:
EQ +44 (0) 7484 072 471
Cheryl Millington, Chief Executive
John Stier, Chief Financial Officer Frances Gibbons, Head of Investor Relations
Media enquiries:
Tulchan Communications LLP +44 (0) 20 7353 4200
Martin Robinson
Olivia Peters
Forward-looking statements
This announcement contains forward-looking statements regarding EQ. These forward-looking statements are based on current information and expectations, and are subject to risks and uncertainties, including market conditions and other factors outside of EQ's control. Readers are cautioned not to place undue reliance on the forward-looking statements contained herein, which speak only as of the date hereof. EQ undertakes no obligation to publicly update any forward-looking statement contained in this release, whether as a result of new information, future developments or otherwise, except as may be required by law.
Related Shares:
EQN.L