03.01.2017 – 15:03
Computershare completes acquisition of Swiss SIX SAG AG
Computershare Limited (ASX: CPU) has completed the acquisition of Swiss SIX SAG AG ("SAG", renamed with immediate effect to Computershare Schweiz AG) from SIX Securities Services AG. With this acquisition, Computershare, the globe's leading provider of registrar services is extending its market presence in Continental Europe.
With the completed acquisition Computershare has taken over SIX SAG AG (renamed Computershare Schweiz AG) from SIX Securities Services AG as of 1 January 2017. The purchase includes share registry and Annual General Meeting services across Switzerland.
Based in Olten, Switzerland, with 18 employees, Computershare Schweiz AG provides services to approximately 220 issuer clients across Switzerland, including five of the country's 20 biggest companies.
"We're pleased to have closed this acquisition in Switzerland" said Steffen Herfurth, CEO for Computershare in Continental Europe. "It gives us a market leading position in registered share administration in Switzerland and a significant presence in local Annual General Meeting services."
"We're excited to have this opportunity to extend our core businesses further across Europe and look forward to welcoming clients and employees to Computershare. Our ability to add value to this business given its alignment with our core competencies provides tremendous opportunities for all clients and their stakeholders.."
"Increasingly, our Swiss clients are looking for international and cross-border capabilities in share registry and Annual General Meeting services. Computershare's reputation and position as a global leader in this field gives us the confidence that we can facilitate a smooth transition for both the employees and clients of the new Computershare Schweiz AG," said Thomas Zeeb, Division CEO SIX Securities Services. "The sale to Computershare not only guarantees continuity for clients but opens up new horizons for our staff and clients by enabling them to capitalize on Computershare's wide spectrum of services."
About Computershare Limited (CPU)
Computershare (ASX: CPU) is a global market leader in transfer agency and share registration, employee equity plans, mortgage servicing, proxy solicitation and stakeholder communications. We also specialise in corporate trust, bankruptcy, class action and a range of other diversified financial and governance services.
Founded in 1978, Computershare is renowned for its expertise in high integrity data management, high volume transaction processing and reconciliations, payments and stakeholder engagement. Many of the world's leading organisations use us to streamline and maximise the value of relationships with their investors, employees, creditors and customers.
Computershare is represented in all major financial markets and has over 16,000 employees worldwide.
For more information, visit www.computershare.com
The former SIX SAG AG is now Computershare Schweiz AG
Computershare Schweiz AG offers 220 clients customised services in the sector of share register management, while its other services include planning, organising and holding general meetings of third companies. Computershare Schweiz AG is the Swiss market leader in these fields of activity. For more information, visit www.computershare.ch
About SIX Securities Services
SIX Securities Services is one of Europe's best performing post-trade service providers. SIX Securities Services offers comprehensive clearing, settlement, custody, collateral management and repo trading services for Switzerland and for clients in over 50 markets around the world. In addition, as a key part of the Swiss Financial Market infrastructure, SIX Securities Services operates the platform for the electronic processing of land registration and mortgage transactions, the trading platform for the money market transactions of the Swiss National Bank and the platform for the settlement of interbank payments. Furthermore, SIX Securities Services offers fiduciary management of registered mortgage notes, as well as e bills and direct debits. www.six-securities-services.com
SIX operates the infrastructure underpinning the Swiss financial sector and offers a comprehensive range of services around the world in the fields of securities trading and settlement, financial information and payment transactions. The company is owned by its users (approximately 140 banks of various orientation and size). Its workforce of over 4,000 employees and presence in 25 countries throughout the world generated operating income of CHF 1.8 billion and a Group net profit of CHF 713.7 million in 2015. www.six-group.com
Christine Anger, Manager Marketing and Communications