QPP Quindell

TIDMQPP

RNS Number : 0217O

Quindell PLC

22 May 2015

22 May 2015

Quindell Plc

("Quindell" or the "Company" or the "Group")

Disposal Update

On 30 March 2015, the Company announced that it had entered into a conditional sale and purchase agreement to dispose of its Professional Services Division to Slater and Gordon Limited ("Disposal") subject to certain conditions.

The Board is pleased to announce that the approval of the Financial Conduct Authority has been granted and the Disposal is now unconditional. Completion will take place in due course and a further announcement will be made by the Company upon Completion.

 
 Quindell Plc                                      Tel: 01489 864 200 
 David Currie, Non-executive Interim 
  Chairman 
 Robert Fielding, Group Chief Executive 
 Stephen Joseph, Head of Investor Relations 
 
 Tulchan Communications                            Tel: 020 7353 4200 
 Tom Buchanan 
 Victoria Huxster 
 
 Cenkos Securities plc, Nominated Adviser          Tel: 020 7397 8900 
  and broker 
 Stephen Keys 
 Mark Connelly 
 
 Rothschild, Financial Adviser                     Tel: 020 7280 5000 
 Majid Ishaq 
 John Byrne 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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