REG - FD Technologies PLC - COMPLETION OF DIVESTMENT OF FIRST DERIVATIVE

FD TechnologiesAnnouncement

03/12/2024 07:00

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RNS Number : 4889O  FD Technologies PLC  03 December 2024

FD Technologies plc

("FD Technologies" or the "Company")

3(rd) 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                       +44(0)28 3025 2242

 Seamus Keating, Chief Executive Officer   www.fdtechnologies.com

 Ryan Preston, Chief Financial Officer

 Derek Brown, Head of Investor Relations

 Investec Bank plc                         +44 (0)20 7597 5970

 (Nominated Adviser and Broker)

 Carlton Nelson

 Virginia Bull

 FTI Consulting                            +44 (0)20 3727 1000

 Matt Dixon

 Dwight Burden

 Victoria Caton

+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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