FD Technologies Ltd. — M&A Activity 2024

Dec 3, 2024

National Storage Mechanism | Additional information

RNS Number : 4889O

FD Technologies PLC

03 December 2024

FD Technologies plc

("FD Technologies" or the "Company")

3rd December 2024

COMPLETION OF Divestment of First Derivative

FD Technologies (AIM: FDP.L, Euronext Growth: FDP.I) is pleased to announce that the sale of First Derivative to EPAM Systems, Inc. has completed, pursuant to the terms previously announced by the Company on 7 October 2024.

For further information, please contact:

FD Technologies plc

Seamus Keating, Chief Executive Officer

Ryan Preston, Chief Financial Officer

Derek Brown, Head of Investor Relations

+44(0)28 3025 2242

www.fdtechnologies.com

Investec Bank plc

(Nominated Adviser and Broker)

Carlton Nelson

Virginia Bull

+44 (0)20 7597 5970

FTI Consulting

Matt Dixon

Dwight Burden

Victoria Caton

+44 (0)20 3727 1000

About KX

KX is on a mission to make AI a commercial reality for the many by addressing data challenges that impede deployment at scale. By simultaneously ingesting and analysing high volumes of historical and real-time data, KX's AI-ready analytical database enables organizations to unlock the full value of their data to accelerate innovation and make faster, more confident decisions.

KX is the world's most performant, cost-effective and energy-efficient analytical database, delivering advanced data algorithms, insights and analytics at unmatched scale and speed. KX is trusted by the world's top investment banks, Aerospace and Defence, high-tech manufacturing and health and life sciences organizations and operates across North America, Europe, and Asia Pacific.

For further information, please visit www.fdtechnologies.com and www.kx.com

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