FD Technologies PLC COMPLETION OF DIVESTMENT OF FIRST DERIVATIVE

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 Seamus Keating, Chief Executive Officer Ryan Preston, Chief Financial Officer Derek Brown, Head of Investor Relations	[phone] www.fdtechnologies.com
Investec Bank plc (Nominated Adviser and Broker) Carlton Nelson Virginia Bull	[phone]
FTI Consulting Matt Dixon Dwight Burden Victoria Caton	[phone]

 

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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