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WANdisco plc was notified on 20 April 2023 that the Financial Conduct Authority (FCA) has commenced an investigation into the Company. The investigation relates to regulatory announcements released by WANdisco between 1 January 2022 and 9 March 2023, which may have materially mis-stated the Company's financial position. The Board is cooperating with the FCA.
| Date | 20 Apr 2023 |
| Time | 07:00:05 |
| Category | Miscellaneous |
| ID | 8285W |
20 April 2023
WANdisco plc
("WANdisco" or the "Company")
FCA Investigation
WANdisco (LSE: WAND), the data activation platform, has been notified by the Financial Conduct Authority ("FCA") of its commencement of an investigation into the Company. The investigation relates to certain regulatory announcements released by the Company during the period 1 January 2022 to 9 March 2023, which may have materially mis-stated the Company's financial position.
The Board is co-operating with the FCA in this endeavour, in addition to continuing to support the completion of the independent investigation already being undertaken by FRP Advisory.
For further information, please contact:
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WANdisco plc |
via FTI Consulting |
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FTI Consulting |
+44 (0)20 3727 1137 |
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Matt Dixon / Kwaku Aning / Tom Blundell |
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Stifel (Nomad and Joint Broker) |
+44 (0)20 7710 7600 |
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Fred Walsh / Richard Short / Tom Marsh |
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Liberum (Joint Broker)
Max Jones / Kate Bannatyne |
+44 (0)20 3100 2000 |
About WANdisco
WANdisco is the data activation platform for accelerating digital transformation at scale. WANdisco makes infinite data actionable across clouds and enterprises in real time. WANdisco customers unleash the business value of the cloud with zero downtime, data loss, or disruption to fuel AI and machine learning, create new services, and transform businesses. For more information about WANdisco, visit: www.wandisco.com