Computershare Acquires Pacific Corporate Trust Company
15 June 2005
Computershare Ltd. (ASX: CPU - News) announced today that it has acquired Vancouver- based Pacific Corporate Trust Company. The transaction has been approved by regulators and closes today.
Pacific Corporate Trust Company is a supplier of stock transfer services, primarily in British Columbia. It has developed a strong business providing a full range of services complemented by an advanced, web-enabled client interface, primarily serving smaller and mid cap companies. Pacific Corporate Trust Company services more than 600 clients listed on the TSX, the TSX Venture Exchange, AMEX and NASDAQ-approximately 15% of Canada's public equity issuers.
The founders of Pacific Corporate Trust Company - John Halse and Stephanie Halse - continue with Pacific Corporate Trust Company as consultants to supply services related to the transition of the business and client relationships.
"With the closing, Computershare can now proceed on expanding and bolstering its base in serving smaller and mid cap issuers by utilizing Pacific Corporate Trust Company's people, processes, technology and personal approach to client service," said Wayne Newling, President of Computershare Canada.
John Halse, President of Pacific Corporate Trust Company, noted, "Our clients now have access to Computershare's global resources and expertise while maintaining the same business model that has served our clients well in the past, and also providing our people the opportunity to advance their careers in a dynamic organization."
About Pacific Corporate Trust Company
Pacific Corporate Trust Company has provided security transfer services for more than twenty years and is recognized as a leader in serving the needs of venture corporations who issue publicly traded securities. Founded in 1981 as Pacific Corporate Services Limited, the company re-incorporated as a trust company in 1990.
In 1996, Pacific Corporate Trust Company expanded to Ontario through the creation of a Co-Agency branch in Toronto and initiated services to the TSX issuer market through its operating subsidiary, Pacific Corporate Services Ltd. For more information, please visit http://www.pctc.com .
About Computershare
Computershare (ASX: CPU - News) is the world's leading financial services and technology provider to the global securities industry in its provision of services and solutions to listed companies, investors, employees, exchanges and other financial institutions.
With a unique range of integrated services, Computershare provides specialized records management for company share registers and employee share and stock option plans, document design and communication, strategic investor relations and market intelligence, and a variety of sophisticated trading technologies for financial markets.
Computershare is the largest and only provider of global shareholder and employee management services-administering more than 70 million shareholder accounts for over 13,000 corporations across twelve countries on five continents. Founded in Australia in 1978, Computershare today employs almost 8,000 people worldwide. For more information, visit http://www.computershare.com .
/Web site: http://www.computershare.com
http://www.pctc.com /
For further information
Wayne Newling, President of Computershare Canada, +1-416-263-9201, wayne.newling@computershare.com , or Juli Bark, EVP, Marketing and Strategic Development of Computershare, North America, +1-312-588-4249, juli.bark@computershare.com , or John Halse, President of Pacific Corporate Trust Company, +1-604-691-7373, jhalse@pctc.com
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Source: Computershare
Source: CNW Group
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