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19 Dec 2011 07:00
19 December 2011
Brady plc ("Brady" or the "Company")
New Contract
Brady plc (BRY.L), the leading global provider of trading, risk management and settlement solutions to the energy, metals and commodities sectors, announced today that a leading Hong Kong headquartered metal trading company, highly active in the Greater China market, has selected Brady's trading and risk management solution to support its risk management requirements.
Gavin Lavelle, CEO of Brady Plc, commented: "I am delighted that Brady has secured a further contract win in Asia. Chinese supply and demand is the major driver for base metals prices globally and we are delighted to have strengthened our presence in this space. This deal demonstrates ongoing expansion in the region, further validating our Asian growth strategy. Brady is excited about its continued growth in Asia in 2012."
For further information please contact:
Brady plc Gavin Lavelle, Chief Executive Officer Tony Ratcliffe, Finance Director | Telephone: +44(0)1223 479479 |
Cenkos Securities plc Ivonne Cantu / Camilla Hume
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Telephone: +44 (0)20 7397 8900 |
Redleaf Polhill Samantha Robbins / David Ison | Telephone: +44 (0)20 7566 6720
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About Brady
Brady plc (BRY.L) is a leading global provider of trading and risk management software to the worldwide commodity and energy markets. Brady combines fully integrated and complete solutions supporting the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations, back office financials and treasury settlement, for energy, refined and unrefined metals, softs and agriculturals.
Brady has 25 years' expertise in the commodity markets with over 150 customers worldwide, including some of the largest financial institutions, producers and mining corporations which depend on Brady's software solutions to deliver vital business transactions across their global operations. Brady clients include many of the world's largest miners, refiners and producers, trading companies, tier one banks and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members and many leading European energy generators, traders and consumers. For further information visit: www.bradyplc.com
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