Our new website is coming soon, give it a try now and let us have your feedback. Take me to the Beta



Register
Login:
Share:
Email Facebook Twitter


TSX Lithium explorer International Lithium Corp prepares to drill at Raleigh Lake
Exclusive: Hardman & Co Investor Forum - Severn Trent, Calculus Capital, Volta Finance, Residential


Ascential Regulatory News (ASCL)



Regulatory News for Ascential (ASCL)


Share Price: 356.80Bid: 357.80Ask: 358.60Change: -10.00 (-2.73%)Faller - Ascential
Spread: 0.80Spread as %: 0.22%Open: 369.80High: 369.80Low: 356.80Yesterday’s Close: 366.80





Completion of disposal of Exhibitions

Tue, 17th Jul 2018 07:00

RNS Number : 8090U
Ascential PLC
17 July 2018
 

 

 

17 July 2018

 

 

Ascential plc

 

Completion of disposal of Exhibitions

                                                                                                                                                              

 

Ascential plc (LSE: ASCL.L), the global specialist information company, is pleased to announce the completion of the disposal of Ascential Exhibitions to ITE group plc earlier today for a total cash consideration of £300 million, on a cash and debt free basis, subject to a normalised working capital adjustment.

 

The disposal was originally announced on 15 May 2018 and further details were set out in a circular sent to the Company's shareholders on 7 June 2018. The Disposal was approved by the Company's shareholders at a general meeting on 25 June 2018.

 

Duncan Painter, Chief Executive Officer of Ascential, said:

 

"The divestment of the Exhibitions business is an important step for Ascential.  I am pleased that we have found a good home for the Exhibitions team and would like to thank them for their contribution to Ascential.  Looking ahead, we remain focused on enabling our customers to succeed in the digital economy, and this sale increases our financial capacity to invest in the future growth of our business."

 

 

 

 

 

For further information please contact:

FTI Consulting LLP

 

                                              020 3727 1000

Edward Bridges, Jamie Ricketts

 

 

 

 

 

About Ascential plc:

Ascential is a specialist, global, information company that helps the world's most ambitious businesses win in the digital economy. Our information, insights, connections, data and digital tools solve customer problems in three disciplines:

 

• PRODUCT DESIGN via global trend forecasting service WGSN;

 

• MARKETING via global benchmark for creative excellence and effectiveness Cannes Lions and WARC and strategic advisory firm MediaLink; and

 

• SALES via retail and eCommerce strategy and analytics products from One Click Retail, Clavis Insight and Planet Retail RNG, the world's premier payments and Fin Tech congress Money20/20, global retail industry summit World Retail Congress and Retail Week.

 

Ascential also powers political, construction and environmental intelligence brands DeHavilland, Glenigan and Groundsure.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DISFKADQCBKDPOD


Related Shares:
(ASCL)




DateSourceHeadlineCategory
14-Jun-19 07:01RNS-RCannes Lions Announces 2019 Award Entry NumbersCompany Announcement - General
14-Jun-19 07:00RNSTrading UpdateResults and Trading Reports
10-Jun-19 10:52RNSDirector DeclarationExecutive Changes
09-May-19 15:52RNSResult of AGMResults and Trading Reports
03-Apr-19 16:04RNSDirector/PDMR ShareholdingDirectors' Dealings
01-Apr-19 09:56RNSTotal Voting RightsHolding(s) in Company
29-Mar-19 12:02RNSDirector/PDMR ShareholdingDirectors' Dealings
14-Mar-19 16:29RNSHolding(s) in CompanyHolding(s) in Company
08-Mar-19 16:05RNSHolding(s) in CompanyHolding(s) in Company
01-Mar-19 14:53RNSTotal Voting RightsHolding(s) in Company
25-Feb-19 07:00RNSFinal ResultsResults and Trading Reports
06-Feb-19 09:00RNSNotice of ResultsAdvance Notice of Results
01-Feb-19 09:23RNSTotal Voting RightsHolding(s) in Company
02-Jan-19 10:23RNSTotal Voting RightsHolding(s) in Company
04-Dec-18 07:00RNSCMD, Trading Update and Segmental ReportingResults and Trading Reports
01-Nov-18 07:00RNSAcquisition of Flywheel DigitalMergers, Acquisitions and Disposals
01-Oct-18 13:59RNSDirector/PDMR ShareholdingDirectors' Dealings
01-Oct-18 13:57RNSTotal Voting RightsHolding(s) in Company
04-Sep-18 15:04RNSTotal Voting RightsHolding(s) in Company
03-Sep-18 07:00RNSAcquisition of Brand ViewMergers, Acquisitions and Disposals
02-Aug-18 14:00RNSHolding(s) in CompanyHolding(s) in Company
01-Aug-18 11:30RNSTotal Voting RightsHolding(s) in Company
25-Jul-18 11:50RNSDirector/PDMR ShareholdingDirectors' Dealings
23-Jul-18 07:00RNSInterim resultsResults and Trading Reports
17-Jul-18 07:00RNSCompletion of disposal of ExhibitionsMergers, Acquisitions and Disposals
05-Jul-18 16:25RNSNotice of Interim Results DateAdvance Notice of Results
02-Jul-18 17:45RNSHolding(s) in CompanyHolding(s) in Company
02-Jul-18 17:45RNSHolding(s) in CompanyHolding(s) in Company
02-Jul-18 10:35RNSTotal Voting RightsHolding(s) in Company
25-Jun-18 10:36RNSResult of General MeetingResults and Trading Reports


Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk




Home  |  Contact Us  |  About Us  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy  |  Mobile Site  |  About this website design


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.