OREANDA-NEWS. Share, a leading UK independent retail stockbroker which operates The Share Centre, announced on the 26 April it had signed Heads of Terms with a major financial services business. We are now pleased to be able to disclose that the business concerned is Computershare, one of the UK's leading share registrars and the largest registrar globally.

The Share Centre will be taking over the provision of certificated dealing and corporate nominee dealing services that offer a range of online and telephone dealing capabilities in Computershare's brand.

Computershare provides registry services to over 900 corporate clients in the UK, Ireland and Channel Islands. Share's services for Computershare are expected to launch during 2017 and as noted in our announcement in April, the benefits of this agreement are anticipated to have a materially positive impact on Share's revenues and profits from 2017 onwards.

Richard Stone, Chief Executive of Share plc, commented:

"I am delighted to announce this strategic partnership is with Computershare, one of the UK's leading registrars. It follows agreements signed last year with Barclays and Henderson, and is in line with our strategy to expand through strategic partnerships.

The scale of the corporate registers Computershare administers and its reach to personal investors who hold those investments in their own name, combined with our ability to service those customers to the highest level, gives me confidence that there is significant scope to grow this service from its current levels. We therefore look forward to building a strong long-term partnership with Computershare and its corporate clients."

Kevin Firth, Managing Director of Computershare Registry Services, said:

"We are very pleased to confirm that Computershare clients will benefit from The Share Centre's award-winning services and believe our customers will receive an enhanced share dealing experience as part of this change."

Share plc is the parent holding company of The Share Centre Limited and Sharefunds Limited and its shares are traded on AIM. The Share Centre started trading in 1991 and provides a range of account-based services to enable investors to share in the wealth of the stock market. Retail services include share accounts, ISAs, Junior ISAs and SIPPs, all with the benefit of investment advice, and dealing in a wide range of investments. Services available to corporate clients include Enterprise Investment Scheme administration and 'white-label' dealing platforms.