Last checked at 18 Jun 2012 13:15
PLUS shareholders approve acquisition by ICAP
London, 18 June, 2012 - ICAP is pleased that the shareholders of Plus Markets Group plc ("PMG") have today approved the sale of PLUS Stock Exchange plc ("PLUS") to ICAP. ICAP will now work to complete the transaction without delay.
This transaction gives the companies quoted on PLUS the security and confidence that their listing venue will continue trading and be further developed by ICAP. Upon completion, ICAP will recapitalise PLUS and provide the necessary funds to build and develop the market. ICAP looks forward to working with issuers, sponsors, brokers and employees to develop the market over the long term.
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Contacts:
Brigitte Trafford | Director of Corporate Affairs | +44 20 7050 7103 |
Neil Bennett | Maitland | +44 20 7379 5151 |
About ICAP
ICAP is the world's leading interdealer broker and provider of post trade risk and information services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks. Through our post trade risk and information services we help our customers manage and mitigate risks in their portfolios. For more information go to www.icap.com.