Tullett Prebon Plc Update On The Acquisition Of NEX's Global Hybrid Voice Broking And Information Business

Further to the announcements made on 11 November 2015 and subsequently, Tullett Prebon plc (“Tullett Prebon”) confirms that 310,314,296 new Tullett Prebon Shares, representing approximately 56 per cent. of the issued share capital of Tullett Prebon (calculated on a fully diluted basis and immediately following such issuance), will be issued by Tullett Prebon to the shareholders of NEX Group plc (“NEX”) in connection with the acquisition by Tullett Prebon of NEX’s global hybrid voice broking and information business, including NEX’s associated technology and broking platforms and certain of NEX’s joint ventures and associates (“the Transaction”). As previously announced, the Transaction is expected to complete on 30 December 2016.