Experian discloses termination of contract for differences

11th Jun 2013 12:41

FTSE 100-listed credit-checking colossus Experian has reported that the company has received notification that Experian Finance has terminated a contract for differences over 650,000 ordinary shares of US 10 cents each in the company in London at a price of 11.95p per share.Experian said that Experian Finance had held the contract for differences for the purposes of hedging the cost of the group's employee share plans. The company added that it had received notification that the Experian Employee Benefit Trust had purchased 650,000 ordinary shares at a price of 11.95p per share.Experian's share price was down 2.58% to 1,169p at 13:43 on TuesdayMF