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  5. Sale of investment in Jumpshot Inc

Pin to quick picksAscential Regulatory News (ASCL)

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Share Price: 314.40
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Change: 0.40 (0.13%)
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Sale of investment in Jumpshot Inc

30 Jan 2020 07:03

RNS Number : 4087B
Ascential PLC
30 January 2020
 

 

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATIONS

 

30 January 2020

 

Ascential plc

Sale of investment in Jumpshot Inc

 

London: Ascential plc (LSE: ASCL.L), the specialist, global information company, today announces that it has agreed to sell its 35% ownership interest in Jumpshot Inc back to Avast plc. Avast plc has agreed to pay cash consideration equivalent to Ascential's investment plus expenses incurred in relation to the original investment transaction.

 

 

Contacts

 

Ascential plc

Duncan Painter

Chief Executive Officer

+44 (0)20 7516 5000

Mandy Gradden

Chief Financial Officer

Media enquiries

Edward Bridges

FTI Consulting LLP

+44 (0)20 3727 1000

Matt Dixon

Jamie Ricketts

 

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
 
 
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