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© The Z/Yen Group of Companies 2008
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6 February 2006
On 6th February, the Z/Yen Group sold Z/Yen
Limited to McLagan Partners, Inc.
Z/Yen Limited is the company that undertakes cost per trade, operational
performance of brokers and clients, processing of corporate actions, brokerage
costs, and settlement and custody fees surveys in the Financial Services Sector.
Jeremy Smith and his entire team will continue to undertake that work within
McLagan Partners, where the linking of these Z/Yen products with McLagan Gauge
surveys should provide clients with better analysis and integrated data
collection.
All other types of work undertaken by the Z/Yen Group will be unaffected by this
change.
The sale of Z/Yen Limited makes strategic and operational sense for McLagan
Partners and for the Z/Yen Group; we are jointly delighted with this outcome.
Z/Yen Limited will continue its business under the name "Z/Yen" for the
foreseeable future and will remain at 5-7 St Helen's Place for the time being.
If you have any questions about this matter, please call or e-mail Ian Harris or
Michael Mainelli, (020) 7562 9562 or
ian_harris@zyen.com or
michael_mainelli@zyen.com
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