CALGARY, Jan. 10, 2014 /CNW/ - Solium Capital Inc. ("Solium") (TSX:
SUM), the leading global provider of software-as-a-service for equity
administration, financial reporting and compliance, today announced
that it has completed its acquisition of GlobalSharePlans, a leading
online provider of regulatory and tax information for companies with
global equity incentive plans.
Continuing forward as Solium GSP, Solium GSP provides regulatory
information and tax rates and rules through online databases, automated
alerts and a network of experts spanning more than 150 countries.
Solium GSP assists clients in the administration of international
equity incentive plans across multiple tax jurisdictions, including
their compliance with local laws and regulations. Solium GSP provides
a strong functional complement to Solium's Shareworks™ platform by
enhancing Solium's industry leading global taxation and compliance
services. Solium GSP plays an important role in fulfilling Solium's
mission of simplifying the complexities of equity administration for
clients by assisting them to more efficiently manage regulatory
compliance and human capital.
Consideration for the acquisition included cash and the issuance of
176,493 common shares in the capital of Solium.
About Solium Capital Inc.
Solium Capital Inc. (TSX: SUM) provides cloud-enabled services for
global equity-based incentive plans administration, financial reporting
and compliance. From operation centers in the United States, Canada,
the United Kingdom and Australia, our innovative software-as-a-service
(SaaS) technology powers share plan administration and equity
transactions for more than 3,000 corporate clients with employee
participants in more than 150 countries. Follow us @Solium and visit
us at www.solium.com.
SOURCE: Solium Capital Inc.
For further information:
Aaron Kabucis, CFA
TMX | Equicom
416.815.0700 x 230