NEX Group, Tullett Prebon update on transaction

Tullett Prebon confirms that 310.3m new shares, or about 56% of its issued share capital, will be issued to the shareholders of NEX Group.

This was in connection with the acquisition by Tullett Prebon of NEX’s global hybrid voice broking and information business, including NEX’s associated technology and broking platforms and certain of NEX’s joint ventures and associates (“the Transaction”).

As previously announced, the Transaction is expected to complete on 30 December 2016.

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