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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Quindell | LSE:QPP | London | Ordinary Share | GB00BMTS9H89 | ORD 15P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 97.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMQPP
RNS Number : 5649F
Quindell PLC
23 February 2015
23 February 2015
Quindell Plc
("Quindell" or the "Company" or the "Group")
Update regarding discussions with Slater & Gordon
Further to its announcement of 22 January 2015, Quindell Plc (AIM: QPP.L) notes the further press speculation and announces that it has extended Slater & Gordon Limited's ("SGH") exclusivity period relating to the possible disposal of the professional services division ("PSD") of the Group to 31 March 2015.
Discussions are progressing with SGH and the indicative terms being discussed would imply a significant premium to the Company's market capitalisation at the close of trading on 20 February 2015.
There can be no certainty that these discussions will lead to an offer for, or the disposal of, the PSD. Further announcements will be made, as appropriate, in due course.
-ends-
For further information:
Quindell Plc David Currie, non-Executive Interim Chairman Tel: 01489 864200 Robert Fielding, Group Chief Executive Stephen Joseph, Head of Investor Relations Cenkos Securities plc, Nominated Adviser and broker Tel: 020 7397 Stephen Keys / Mark Connelly 8900 Tulchan Communications Susanna Voyle / Victoria Huxster Tel: 020 7353 4200
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUORBRVSAUURR
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