First Derivatives obtains grant of £3.9m

First Derivatives (FD) (AIM:FDP.L, ESM:FDP.I), a provider of trading and risk management software systems and consulting services for multinational financial institutions, has announced a major investment supported by Invest Northern Ireland (INI).

The award of Invest NI's £3.9m grant will help to create 484 new jobs at the company's headquarters in Newry.

First Derivatives currently employs over 900 staff worldwide with business locations in Newry, Belfast, Dublin, London, New York, Philadelphia, Hong Kong, Tokyo, Singapore and Sydney.

Brian Conlon, CEO, First Derivatives, said: "These investments will substantially increase the capacity of First Derivatives to develop new business in export markets."




At 12:09pm: (LON:FDP) First Derivatives PLC share price was +27.75p at 962.75p



Story provided by StockMarketWire.com

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