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PRAEMIUM LIMITED — Capital/Financing Update 2022
Apr 26, 2022
65606_rns_2022-04-26_76b1f4bd-7356-480a-a2e1-24bf810c49bf.pdf
Capital/Financing Update
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Receipt of regulatory approvals
ASX Release: 27 April 2022, Melbourne
Praemium Limited (ASX: PPS) (Praemium) is pleased to advise that further to its announcement on 21 December 2021, all regulatory approvals from the Financial Conduct Authority in the United Kingdom and the Jersey Financial Services Commission in Jersey have been granted in relation to the sale of Praemium’s International business to Morningstar.
Praemium is working through the remaining steps to complete the transaction with final settlement expected late in the current quarter or early in the next quarter.
This announcement is authorised by the CEO of Praemium Limited.
For further information contact Anthony Wamsteker, CEO, Ph: 1800 571 881
About Praemium (ASX: PPS): Praemium is a global leader in the provision of technology platforms for managed accounts, investment administration and financial planning. Praemium services more than 300,000 investor accounts covering over $200 billion in funds globally for more than 1,000 financial institutions and intermediaries, including some of the world’s largest financial institutions.
Praemium Limited (ABN 74 098 405 826), Level 19, 367 Collins Street, Melbourne VIC 3000 Australia