8 Mar 2017 08:01
SDL plc
Completion of disposal
8 March 2017, Maidenhead, U.K. - SDL plc ("SDL", "Group" or the "Company"; LSE: SDL), the global innovator in language translation technology, services and content management, is pleased to announce the completion of its disposal of Fredhopper BV and its subsidiaries (together "Fredhopper") to ATTRAQT Group plc ("ATTRAQT").
Following ATTRAQT's completion of a firm placing and open offer to raise £27.8m, and subsequent re-admission to trading on AIM of its ordinary shares, ATTRAQT has achieved all outstanding closing conditions and consequently, SDL has today completed the disposal of Fredhopper.
Full details regarding the disposal are given in SDL's announcement dated 30 January 2017.
For further information please contact:
SDL plc | Tel: 01628 410 127 |
Adolfo Hernandez, Chief Executive Officer Dominic Lavelle, Chief Financial Officer | |
Investec Bank plc | Tel: 020 7597 5970 |
David Flin Junya Iwamoto | |
FTI Consulting LLP | Tel: 020 3727 1000 |
Edward Bridges / Emma Appleton |
About SDL
SDL (LSE: SDL) is the global innovator in language translation technology, services and content management. For more than 20 years, SDL has transformed business results by enabling nuanced digital experiences with customers across the globe so they can create personalized connections anywhere and on any device. Are you in the know? Find out more at SDL.com and follow us on Twitter, LinkedIn and Facebook.