Jardine Lloyd Thompson Group PLC Disposal (4058M)
May 06 2015 - 11:55AM
UK Regulatory
TIDMJLT
RNS Number : 4058M
Jardine Lloyd Thompson Group PLC
06 May 2015
RNS version:
6 May 2015
JLT completes sale of stake in Siaci St Honoré
Following the announcement made on 13(th) February 2015, Jardine
Lloyd Thompson Group plc ("JLT"), one of the world's leading
providers of insurance, reinsurance and employee benefits related
advice, brokerage and associated services, can today confirm it has
completed the sale of its 26.2% stake in Milestone, the holding
company of Siaci St Honoré, JLT's French associate, to Ardian for a
cash consideration of EUR110.5 million (approximately GBP80
million).
ENDS
Contacts
JLT Group
Paul Dransfield
Head of Group Corporate Communications
+44 20 7528 4935
Brunswick Group
Tom Burns/Dania Saidam
+44 20 7404 5959
Notes to Editors
About Jardine Lloyd Thompson Group plc
Jardine Lloyd Thompson is one of the world's leading providers
of insurance, reinsurance and employee benefits related advice,
brokerage and associated services. JLT's client proposition is
built upon its deep specialist knowledge, client advocacy, tailored
advice and service excellence.
JLT is quoted on the London Stock Exchange and owns offices in
39 territories with more than 10,000 employees. Supported by the
JLT International Network, it offers risk management and employee
benefit solutions in 135 countries.
http://www.jltgroup.com/
This announcement may contain "forward looking statements"
regarding the financial position, business strategy or plans for
future operations of the Group. By their nature, forward looking
statements involve risk and uncertainty, relating to facts that are
beyond the company's ability to control, such as future market
conditions. Any such statements in this announcement speak only as
at the date of this announcement. The company does not assume any
obligation to, and does not intend to, revise or update these
forward looking statements except as required pursuant to
applicable law.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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