Completion of disposal
8 March 2017, Maidenhead, U.K. - SDL plc ("SDL", "Group" or the "Company"; LSE: SDL), the global innovator in language translation technology, services and content management, is pleased to announce the completion of its disposal of Fredhopper BV and its subsidiaries (together "Fredhopper") to ATTRAQT Group plc ("ATTRAQT").

Following ATTRAQT's completion of a firm placing and open offer to raise £27.8m, and subsequent re-admission to trading on AIM of its ordinary shares, ATTRAQT has achieved all outstanding closing conditions and consequently, SDL has today completed the disposal of Fredhopper.

Numis today upgrades its investment rating on SDL PLC (LON:SDL) to add (from hold) and raised its price target to 578p (from 540p).