Last checked at 1 Sep 2015 07:03
1 September 2015
Progressive Digital Media Group Plc ("Progressive" or "the Group")
Completion of the Acquisition of Verdict Research Limited from Informa plc
Further to the announcement on 27 July 2015, the Board of Progressive Digital Media Group Plc, is pleased to announce that on the 1 September 2015 all completion conditions to the acquisition of Datamonitor Financial, Datamonitor Consumer, MarketLine and Verdict businesses from Informa plc ("Informa") have been satisfied and the Acquisition is scheduled to complete later today.
The sale was effected by Informa transferring the above named businesses to Verdict Research Limited, the entire share capital of which was acquired by Progressive.
For further information please contact:
Progressive Digital Media Group plc
Simon Pyper
Chief Executive
Tel: 0207 936 6400
N+1 Singer
Nominated Adviser to the Company
James Maxwell / Alex Wright
Tel: 0207 496 3000
Hudson Sandler
Financial and Corporate Communications
Nick Lyon
Tel: 0207 796 4133