Nucleus Software Exp

June 10 (Reuters) - Nucleus Software Exports Ltd NSEL.NS:

• ANNOUNCES STRATEGIC PARTNERSHIP WITH AZENTRA SOLUSI DIGITAL IN INDONESIA

Source text: ID:nNSEbmN1LH

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May 21 (Reuters) - Nucleus Software Exports Ltd NSEL.NS:

• NUCLEUS SOFTWARE EXPORTS LTD MARCH-QUARTER CONSOL NET PROFIT 345.5 MILLION RUPEES

• NUCLEUS SOFTWARE EXPORTS LTD - RECOMMENDED FINAL DIVIDEND OF 12.50 RUPEES PER SHARE

• NUCLEUS SOFTWARE EXPORTS LTD MARCH-QUARTER CONSOL TOTAL INCOME 2.4 BILLION RUPEES

Source text: ID:nBSE8Jk60y

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March 16 (Reuters) - Nucleus Software Exports Ltd NSEL.NS:

• APPOINTS YASMIN JAVERI KRISHAN AS CHAIRPERSON OF BOARD

Source text: ID:nNSE81QYSB

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Feb 10 (Reuters) - Nucleus Software Exports Ltd NSEL.NS:

• DEC-QUARTER CONSOL NET PROFIT 207 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.2 BILLION RUPEES

Source text: ID:nBSE6VhfdK

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By Amy-Jo Crowley, Andres Gonzalez and Charlie Conchie

LONDON, Sept 15 (Reuters) - HPS Investment Partners is weighing a sale of British financial advice platform Nucleus Financial Platforms, four people familiar with the matter told Reuters.

The private credit group, which was acquired by BlackRock BLK.N last year, has held talks with advisers about a possible sale of the Salisbury, south England-based company, said the people, who requested anonymity because the matter is confidential and cautioned that preparations were at an early stage.

A deal could value Nucleus at about 1.5 billion pounds ($2 billion), one of the sources said, based on how companies in its sector are valued and Nucleus's recent growth.

Another of the sources said it was too early to discuss possible valuations and that potential buyers would want to see whether Nucleus' technology migration efforts had been successful first.

Spokespeople for HPS and Nucleus declined to comment.

Nucleus runs two retail investment platforms that enable financial advisers to choose fund products for customers. It administers more than 100 billion pounds worth of assets on behalf of 250,000 financial advisers, according to its website.

It has benefited from rising consumer demand for wealth management in recent years and a wave of consolidation among Britain's fragmented financial advisory market.

The company's core profit - or earnings before interest, tax, depreciation and amortisation (EBITDA) - rose 48% to 70.7 million pounds in 2023, the most recent year for which figures are available, according to Companies House filings. Revenue increased by 37% to 157.2 million pounds.

Private equity and wealth technology players are likely to show interest in a sale, two of the sources said.

HPS Investment Partners acquired Nucleus in 2022 when it bought a majority stake from private equity firm Epiris for an undisclosed amount. Epiris retains a minority stake. Epiris declined to comment.

Nucleus acquired pensions provider Curtis Banks in 2023, and investment platform Third Financial in 2024. It also owns a stake in Canadian financial services group Cannacord Genuity.

($1 = 0.7359 pounds)

(Editing by Tommy Reggiori Wilkes and Mark Potter)

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Aug 20 (Reuters) - Nucleus Software Exports Ltd NSEL.NS:

• DESIGNATED VISHNU R DUSAD AS INTERIM CHIEF FINANCIAL OFFICER

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Aug 19 (Reuters) - Nucleus Software Exports Ltd NSEL.NS:

• SAARATHI FINANCE SELECTS FINNONE NEO FOR DIGITAL LENDING PLATFORM

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April 15 (Reuters) - Nucleus Software Exports Ltd NSEL.NS:

• NUCLEUS SOFTWARE EXPORTS - CO, DEEM FINANCE EXPAND PARTNERSHIP WITH FINNONE NEO

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Dec 3 (Reuters) - Nucleus Software Exports Ltd NSEL.NS:

• BANK MUSCAT ANNOUNCES SUCCESSFUL GO-LIVE OF FINNONE NEO COLLECTIONS

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Nov 12 (Reuters) - Nucleus Software Exports Ltd NSEL.NS:

• NUCLEUS SOFTWARE EXPORTS SEPT-QUARTER CONSOL NET PROFIT 330.6 MILLION RUPEES

• NUCLEUS SOFTWARE EXPORTS SEPT-QUARTER CONSOL TOTAL INCOME 2.21 BILLION RUPEES

Source text: ID:nBSE92GWQH

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Aug 22 (Reuters) - Nucleus Software Exports Ltd NSEL.NS:

• TO BUYBACK SHARES WORTH UPTO 723.5 MILLION RUPEES

• BUYBACK VIA TENDER OFFER

• BUYBACK PRICE AT 1,615 RUPEES PER SHARE

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** Shares of Nucleus Software Exports NSEL.NS jump 15%, set for best day since May 29, 2023

** NSEL's board will consider share buyback on Aug. 22

** More than 347,000 shares traded within first half an hour of trading, 4.5x its 30-day avg

** Still, stock down nearly 8.5% in 2024; it had risen nearly 4x in 2023

(Reporitng by Nishit Navin)

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Aug 19 (Reuters) - Nucleus Software Exports Ltd NSEL.NS:

• TO CONSIDER BUY BACK OF SHARES

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May 23 (Reuters) - Nucleus Software Exports Ltd NSEL.NS:

• NUCLEUS SOFTWARE EXPORTS LTD MARCH-QUARTER CONSOL NET PROFIT 521.4 MILLION RUPEES VERSUS 676.5 MILLION RUPEES

• NUCLEUS SOFTWARE EXPORTS LTD MARCH-QUARTER CONSOL TOTAL INCOME 2.24 BILLION RUPEES VERSUS 2.16 BILLION RUPEES

• NUCLEUS SOFTWARE EXPORTS LTD - DIVIDEND OF 12.5 RUPEES PER SHARE

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May 15 (Reuters) - Nucleus Software Exports Ltd NSEL.NS:

• NUCLEUS SOFTWARE EXPORTS LTD - APPOINTS SURYA PRAKASH KANODIA AS CFO

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May 1 (Reuters) - Nucleus Software Exports Ltd NSEL.NS:

• GETS TOTAL GST TAX DEMAND OF 4.7 MILLION RUPEES

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Sept 5 (Reuters) - Mahindra and Mahindra Financial Services Ltd MMFS.NS:

• UNIT OF MAHINDRA & MAHINDRA FINANCIAL SERVICES GONE LIVE ON FINNONE NEO FOR RETAIL AND MORTGAGE LENDING OPERATIONS

• PARTNERSHIP TO ENABLE PAPERLESS OPERATIONS FROM SOURCING, LOAN DISBURSEMENT TO SERVICING

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Aug 4 (Reuters) - Nucleus Software Exports Ltd NSEL.NS:

• INDIA'S NUCLEUS SOFTWARE EXPORTS JUNE-QUARTER CONSOL NET PROFIT 535.6 MILLION RUPEES VERSUS PROFIT 107.7 MILLION RUPEES

• NUCLEUS SOFTWARE EXPORTS JUNE-QUARTER CONSOL TOTAL INCOME 2.2 BILLION RUPEES VERSUS 1.35 BILLION RUPEES

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** Shares of banking and financial software provider Nucleus Software Exports Ltd NSEL.NS rise as much as 4.1% to 1,159.95 rupees

** NSEL on Wednesday said its flagship product FinnOne Neo partnered with Mahindra and Mahindra Financial Services Ltd MMFS.NS

** Partnership to boost MMFS' digital loan management framework

** About 109,870 shares change hands by 10:19 a.m. IST, 30-day avg of 387,096 shares - Refinitiv Data

** Stock sees 3x gains so far this year

(Reporting by Priya Sagar in Bengaluru)

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May 26 (Reuters) - Nucleus Software Exports Ltd NSEL.NS:

• MARCH-QUARTER CONSOL NET PROFIT 676.5 MILLION RUPEES VERSUS 182.9 MILLION RUPEES

• MARCH-QUARTER CONSOL TOTAL INCOME 2.16 BILLION RUPEES VERSUS 1.59 BILLION RUPEES

• FINAL DIVIDEND OF 10 RUPEES PER SHR

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