LSE Capital signs MoU for proposed DCCL stake disposal

LSE Capital Limited (PSX: LSECL) has signed a memorandum of understanding with a financial services firm that is not listed, covering a possible sale of its holding in Digital Custodian Company Limited (DCCL). Mettis Link News reported that the company disclosed the step to the exchange through a formal notification. The deal remains conditional, as agreed terms must be finalised and the necessary corporate and regulatory clearances obtained before it can be completed.

Ownership of DCCL is currently split among three companies, with LSE Capital Limited holding 54%, LSE Financial Services Limited (LSEFSL) holding 36%, and LSE Ventures Limited (LSEVL) holding 10%. The proposed disposal concerns the stake held by LSE Capital, while LSEFSL and LSEVL are the other shareholders named in the disclosure.

The parties have set a closure deadline of November 15, 2026 for the transaction. Until those conditions are met, the sale is only proposed, leaving the timing and outcome open.