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DAILY MAIL AND GENERAL TRUST PLC Completion of sale of Genscape

Directive transparence : information réglementée

05/11/2019 15:31

Daily Mail and General Trust plc (DMGT)
Completion of sale of Genscape

05-Nov-2019 / 14:31 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


 

5 November 2019

 

Daily Mail and General Trust plc (DMGT)

Completion of sale of Genscape

 

DMGT today announces the completion of the sale of Genscape, its Energy Information business, for US $364m.  This follows the announcement on 26 August 2019 of the agreement to sell Genscape to Verisk, a leading US data analytics provider.

 

Enquiries

Investors:

 

Tim Collier, Group CFO

+44 20 3615 2902

Adam Webster, Head of Investor Relations

+44 20 3615 2903

 

 

Media:

Doug Campbell / Paul Durman, Teneo

 

+44 20 7260 2700

 

About DMGT

DMGT manages a portfolio of companies that provide businesses and consumers with compelling information, analysis, insight, events, news and entertainment.  The Group takes a long-term approach to investment and has market-leading positions in consumer media, insurance risk, property information, education technology and events & exhibitions.  In total, DMGT generates revenues of around £1.4bn.

 

Person responsible for arranging the release of this announcement:

Fran Sallas, Company Secretary

+44 20 3615 2904

 



ISIN: GB00BJQZC279
Category Code: MSCM
TIDM: DMGT
LEI Code: 4OFD47D73QFJ1T1MOF29
Sequence No.: 27169
EQS News ID: 904893

 
End of Announcement EQS News Service

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