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Investegate |First Derivatives Announcements | First Derivatives: Issue of Equity

*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any natio...
United States City Of United Kingdom Andrew Pinder David Kearney Thomas Seifert

First Derivatives to sell majority of Quantile stake for €12.7m

The stake is being sold for a cash consideration of £11m (€12.7m). This represents a total gain of £10m on the initial cost of the investment, and a £7m gain on the current carrying value. Following the sale, First Derivatives will retain a minority stake in Quantile. In a statement yesterday, First Derivatives said the investment initially occurred as part of its strategy of assisting companies that were adopting KX technology. KX technology enables high-performance, in-memory computing, ...
Adrian Weckler First Derivatives Quantile Technologies Tuesday First Derivatives First Derivative Keating Headed First Derivatives

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