Acquisition of process agency business

20 December 2024

The Law Debenture Corporation p.l.c.

Acquisition of Linklaters LLP's process agency business

The Law Debenture Corporation p.l.c. ("Law Debenture", the "Company" or the "Group") is pleased to announce that on 19 December 2024 Law Debenture purchased the entire issued share capital of Hackwood Secretaries Limited (which has now been renamed LDCS Process Agent Limited) from Linklaters LLP and in doing so acquired the process agency business previously owned by Linklaters LLP. This transaction will strengthen and further enhance the well-established commercial relationship between Law Debenture and Linklaters.

Denis Jackson, CEO of Law Debenture, commented:

"The acquisition of Hackwood Secretaries Limited builds on our well established and trusted global book of Process Agent Services, marking a further step in expanding Law Debenture's capabilities within Independent Professional Services. Managing thousands of live appointments, our global team brings 100+ years in cumulative experience and quality service delivery. With 24/5 availability, our global offices provide availability throughout the day and across all our jurisdictions. Speed, flexibility and responsiveness make us the UK's leading process agent and the long established Law Debenture team looks forward to working closely with Linklaters to ensure a smooth transition of the business. This transaction is symbolically significant to our Group and further strengthens our important relationship with Linklaters and we see potential for even closer collaboration in the future".

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About Law Debenture

Company History:

From its origins in 1889, Law Debenture has diversified to become a Group with a unique range of activities in the financial and professional services sectors.  The Group has two distinct areas of business.

Investment Portfolio:

Our portfolio of investments is managed by James Henderson and Laura Foll of Janus Henderson Investors.

Our objective is to achieve long term capital growth in real terms and steadily increasing income.  The aim is to achieve a higher rate of total return than the FTSE Actuaries All-Share Index Total Return through investing in a diversified portfolio of stocks.

Independent Professional Services:

We are a leading provider of independent professional services, built on three excellent foundations: our Pensions, Corporate Trust and Corporate Services businesses.  We operate globally, with offices in the UK, New York, Ireland, Hong Kong, Delaware and the Channel Islands.

Companies, agencies, organisations and individuals throughout the world rely upon Law Debenture to carry out our duties with the independence and professionalism upon which our reputation is built.

The Law Debenture Corporation p.l.c. is registered in England at 8th Floor, 100 Bishopsgate, London, EC2N 4AG, company registration number 30397.  The Law Debenture Corporation p.l.c. LEI number - 2138006E39QX7XV6PP21.