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Completion of sale of Genscape

eqs_en 
0 0 05.11.19
Completion of sale of Genscape
 

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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Daily Mail & General Trust Plc Stock

€3.16
0.640%
The Daily Mail & General Trust Plc stock is trending slightly upwards today, with an increase of €0.020 (0.640%) compared to yesterday's price.

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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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