|By PR Newswire||
|February 14, 2014 05:01 AM EST||
BRISTOL, England, February 14, 2014 /PRNewswire/ --
Computershare (ASX: CPU) is pleased to announce that its appointment to administer the Government Stock Registers (Gilts) on behalf of Her Majesty's Treasury (HMT) has been renewed for 10 years, subject to contract.
This is the second time that Computershare has successfully been appointed to provide the service; after a public tender process conducted by HMT and the Debt Management Office, alongside independent consultants.
Naz Sarkar, CEO of Computershare UK said: "We are delighted to have again been awarded this contract to deliver mission critical services to HMT. This is testament to the hard work, expert knowledge and sheer dedication of the team - and helps to secure employment opportunities in south Bristol in the coming years."
Until 2004 when Computershare took over the running of the Gilts, the Bank of England had administered the registers for more than 300 years. Today, there is 1.3 trillion pounds worth of stock in issue, looked after by Computershare's dedicated Gilts team, up from 230 billion pounds in 2004.
For more information on Computershare's Gilts service, visit http://www.computershare.com and click on "Gilts" on the right hand side.
About Computershare Limited (CPU)
Computershare (ASX: CPU) is a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. We also specialise in corporate trust, mortgage, bankruptcy, class action, utility and tax voucher administration, and a range of other diversified financial and governance services.
Founded in 1978, Computershare is renowned for its expertise in high integrity data management, high volume transaction processing and reconciliations, payments and stakeholder engagement. Many of the world's leading organisations use us to streamline and maximise the value of relationships with their investors, employees, creditors and customers.
Computershare is represented in all major financial markets and has over 14,000 employees worldwide.
For more information, visit http://www.computershare.com