FD Technologies PLC COMPLETION OF DIVESTMENT OF FIRST DERIVATIVE
December 03 2024 - 2:00AM
RNS Regulatory News
RNS Number : 4889O
FD Technologies PLC
03 December 2024
FD Technologies
plc
("FD Technologies" or the
"Company")
3rd December 2024
COMPLETION OF Divestment of
First Derivative
FD Technologies (AIM: FDP.L,
Euronext Growth: FDP.I) is pleased to announce that the sale of
First Derivative to EPAM Systems, Inc. has completed, pursuant to
the terms previously announced by the Company on 7 October
2024.
For
further information, please contact:
FD
Technologies plc
Seamus Keating, Chief Executive
Officer
Ryan Preston, Chief Financial
Officer
Derek Brown, Head of Investor
Relations
|
+44(0)28 3025 2242
www.fdtechnologies.com
|
Investec Bank plc
(Nominated Adviser and Broker)
Carlton Nelson
Virginia Bull
|
|
+44 (0)20 7597 5970
|
FTI
Consulting
Matt Dixon
Dwight Burden
Victoria Caton
|
+44 (0)20 3727 1000
|
About KX
KX is on a mission to make AI a
commercial reality for the many by addressing data challenges that
impede deployment at scale. By simultaneously ingesting and
analysing high volumes of historical and real-time data, KX's
AI-ready analytical database enables organizations to unlock the
full value of their data to accelerate innovation and make faster,
more confident decisions.
KX is the world's most performant,
cost-effective and energy-efficient analytical database, delivering
advanced data algorithms, insights and analytics at unmatched scale
and speed. KX is trusted by the world's top investment banks,
Aerospace and Defence, high-tech manufacturing and health and life
sciences organizations and operates across North America, Europe,
and Asia Pacific.
For further information, please
visit www.fdtechnologies.com and www.kx.com
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