SSP says discussions at 'early stage'
Insurance software house SSP is in sale talks with a potential buyer, the company disclosed today.
In an announcement to the Stock Exchange, the AIM-listed company said: “The Board of SSP notes the recent movement in its share price and confirms that it is in discussions with a financial buyer, which may or may not lead to an offer being made for the Company.
“These discussions are at an early stage and there is no certainty that they will result in a formal offer.”
In 2007, SSP posted revenues of over £38m and profit after tax of £2.5m. Last year it acquired rival software house Sirius.
SSP shares are currently trading at 165.50p, up 6p on the day.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
