SDL PLC Completion of disposal (8002Y)

TIDMSDL

RNS Number : 8002Y

SDL PLC

08 March 2017

SDL plc

Completion of disposal

8 March 2017, Maidenhead, U.K. - SDL plc ("SDL", "Group" or the "Company"; LSE: SDL), the global innovator in language translation technology, services and content management, is pleased to announce the completion of its disposal of Fredhopper BV and its subsidiaries (together "Fredhopper") to ATTRAQT Group plc ("ATTRAQT").

Following ATTRAQT's completion of a firm placing and open offer to raise GBP27.8m, and subsequent re-admission to trading on AIM of its ordinary shares, ATTRAQT has achieved all outstanding closing conditions and consequently, SDL has today completed the disposal of Fredhopper.

Full details regarding the disposal are given in SDL's announcement dated 30 January 2017.

For further information please contact:

 
 SDL plc                             Tel: 01628 410 
                                      127 
 Adolfo Hernandez, Chief Executive 
  Officer 
  Dominic Lavelle, Chief Financial 
  Officer 
 
 Investec Bank plc                   Tel: 020 7597 
                                      5970 
 David Flin 
  Junya Iwamoto 
 
 FTI Consulting LLP                  Tel: 020 3727 
                                      1000 
 Edward Bridges / Emma Appleton

About SDL

SDL (LSE: SDL) is the global innovator in language translation technology, services and content management. For more than 20 years, SDL has transformed business results by enabling nuanced digital experiences with customers across the globe so they can create personalized connections anywhere and on any device. Are you in the know? Find out more at SDL.com and follow us on Twitter, LinkedIn and Facebook.

This information is provided by RNS

The company news service from the London Stock Exchange

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