Computershare Enters Scandinavian Registry Market
LONDON - August 25, 2009 - Computershare Limited (CPU:ASX) today completed the acquisition of I-nvestor, one of the leading providers of registry, plans and AGM services for Denmark as well as AGM services in Sweden.
The acquisition gives Computershare more than 50% of the registration market in Denmark and the AGM market in Sweden. Shareholders from more than 80% of the largest listed companies (by value) across Denmark and Sweden are managed via the I-nvestor system.
Naz Sarkar, Director of Computershare Investor Services EMEA said: “In recent months, our number of Scandinavian clients has increased significantly, as leading companies in the region reap the benefits of our integrated services and acknowledge the benefits to be had from global industry best practice. We’re excited to be formalising our presence in Scandinavia through this acquisition.”
I-nvestor was founded in 2003 and has 11 employees in Denmark. The immediate post-acquisition focus will be on introducing Computershare’s wider product portfolio to the Scandinavian market, particularly governance software, employee share plans and meeting management systems.
Johnnie Bloch Jensen, current Managing Director and founder of I-nvestor, will be retained as a non-executive director assisting Computershare with the transition:
“I’m very pleased to have sold the I-nvestor business to Computershare. It’s very important to me that what we’ve built here in Denmark will be part of a dynamic and growth-orientated global registry and that Scandinavia will benefit from further investment in this industry. Customers can rest assured that we will continue to deliver high quality business as usual and that the management team they are used to remains the same.”
Computershare’s global footprint and product set will bring significant benefits for existing I-nvestor customers in the coming weeks and months.
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 I-nvestor
I-NVESTOR is one of the fastest growing providers of IR tools in Europe.
I-NVESTOR specialises in web-based solutions for investor relations. Our superior IR platform offers a full range of innovative IR services, and our IR tools enable the most efficient and targeted communication between your company and its stakeholders by integrating registry, finance, shareholder communication and marketing.
Our low cost, high efficiency system enables us to package any elements of our services to suit your requirements, or provide a fully integrated turnkey solution.
Our solutions are used by more than 250 listed companies, unlisted companies and mutual funds in Denmark, Sweden, Finland, Norway, Britain, the United States, Germany, Dubai and Iceland.
Media, for more information please contact lucy.newcombe@computershare.co.uk +44 870 7030041.
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