Computershare Agrees to Acquire Italy's Leading Supplier of Issuer ServicesBy Computershare, PRNE
Monday, April 4, 2011
LONDON and PARIS, April 5, 2011 - Computershare Limited (ASX:CPU) has agreed to purchase Servizio Titoli
SpA, Italy's leading provider of issuer services, from the London Stock
Exchange Group PLC.
Operating since 1995, Servizio Titoli has approximately 50 employees
based in Milan, Turin and Rome, delivering meeting and dividend register
management services to more than 50% of Italy's listed companies.
"The agreement to purchase Servizio Titoli follows through on our
commitment to build our Continental European business, as reflected in the
recent separation of management of Continental Europe from the United
Kingdom, Channel Islands, Ireland and Africa", said Stuart Crosby,
Computershare's CEO. "Our global clients expect us to be able to offer them
services across the world, and this acquisition materially enhances our
Italian offering. We support our clients in over 20 countries on five
Steffen Herfurth, Computershare's Group Managing Director for Continental
Europe said: 'We're really excited to be extending our footprint in
Continental Europe with this acquisition. As the leading provider in the
Italian market, Servizio Titoli is a perfect fit for our business and
continues our strategy of offering premium services across major CE
Computershare already owns Georgeson, a leading global proxy solicitation
business and an established brand in the Italian marketplace.
Computershare is practiced at the integration of acquisitions, having
successfully undertaken over 80 globally in the past 15 years. Existing
clients of Servizio Titoli can expect service to continue as usual.
The acquisition is expected to complete in mid May following satisfaction
of various formal conditions.
About Computershare Limited (CPU)
Computershare (ASX:CPU) is a global market leader in transfer agency and
share registration, employee equity plans, proxy solicitation and stakeholder
communications. We also specialise in corporate trust services, tax voucher
solutions, bankruptcy administration and a range of other diversified
financial and governance services.
Founded in 1978, Computershare is renowned for its expertise in data
management, high volume transaction processing, payments and stakeholder
engagement. Many of the world's leading organisations use these core
competencies to help maximise the value of relationships with their
investors, employees, creditors, members and customers.
Computershare is represented in all major financial markets and has over
10,000 employees worldwide.
For more information, visit www.computershare.com
About Georgeson Italy
Georgeson is the world's leading provider of stakeholder intelligence;
global information agent; proxy solicitation and corporate governance
advisory services. In 2010, Georgeson was the No. 1 proxy solicitor for M&A
transactions worldwide. Georgeson has been present in Italy since 1999,
offering its portfolio of services to listed companies representing more than
80% of total Italian market capitalization. For more information, please
About Servizio Titoli
Servizio Titoli offers a complete range of products and services for
listed companies and IPOs. Our support is targeted towards the management of
shareholders, annual general meetings, corporate secretaries and investor
relations. Thanks to our branches in Milan, Rome and Turin which assure a
presence in the main financial centres and proximity to our clients'
premises, our service is always efficient, timely and innovative.
Lucy Newcombe Computershare Corporate Communications Director email@example.com T +44(0)870-703-0041 M +44(0)7887-687921 F +44(0)870-7036018 The Pavilions, Bridgwater Road, Bristol BS13 8AE, United Kingdom
Lucy Newcombe, Computershare, Corporate Communications Director, lucy.newcombe at computershare.com, T +44(0)870-703-0041, M +44(0)7887-687921, F +44(0)870-7036018, The Pavilions, Bridgwater Road, Bristol BS13 8AE, United Kingdom
Tags: April 5, Computershare, Italy, London And Paris, United Kingdom