Completion of sale of Genscape (904893)
November 05 2019 - 9:31AM
UK Regulatory
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 GBP1.4bn.
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
(END) Dow Jones Newswires
November 05, 2019 09:31 ET (14:31 GMT)
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