Linedata launches “Linedata Charity”
January 24 2020 - 1:30AM
Linedata launches “Linedata Charity”
Linedata launches “Linedata
Charity”
The Group puts the environment, education
and health at the center of its redistribution policy
Paris, January 24, 2020 –
Linedata (Euronext Paris: LIN), a global provider of lending
and asset management technology, data and services, introduces its
global charitable project, "Linedata Charity".
With this program Linedata will redistribute
part of its results to causes particularly close to Linedata’s
employees’ hearts: the environment, health, and education. For
education, in particular, Linedata is participating in the
construction of the Aga Khan University Hospital in Uganda by
financing its student residency building. The aim of this
initiative is to facilitate the access to knowledge for Ugandan
students, who in turn will support the development of their
country.
The Linedata Charity initiative includes the
creation of an internal solidarity fund, with financing made
available each year from Linedata’s results. Its purpose is to make
donations in cash or in kind to external charitable projects or
initiatives involving Linedata employees.
An internal committee will provide governance
for this fund, defining its priorities, voting a budget and
monitoring the proper use of its donations. Since 2019, the fund
has benefited from an annual endowment of around one million
euros.
"Since the creation of Linedata more than 20
years ago we have been committed to innovating in the areas of
finance and technology, contributing to the economic development of
our societies in a constantly changing world. Building on this
great human adventure, with our 1,300 employees and our 700
customers, we now wish to reinforce our societal contributions and
impact by supporting charitable and educational projects. I fully
support the Linedata Charity initiative which will strengthen and
better convey Linedata’s core values", says Anvaraly Jiva, founder
and CEO of Linedata.
Next communication: 2019
annual revenues, 6 February 2020, after close of trading.
ABOUT LINEDATA
With 20 years’ experience and 700+ clients in 50
countries, Linedata’s 1300 employees in 20 offices provide global
humanized technology solutions and services for the asset
management and credit industries that help its clients to evolve
and to operate at the highest levelsHeadquartered in France,
Linedata achieved revenues of EUR 173.2 million in 2018 and is
listed on Euronext Paris compartment B FR0004156297-LIN – Reuters
LDSV.PA – Bloomberg LIN:FP.linedata.com
- PR_Linedata Charity_24012020
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