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Media speculation

25 Feb 2019 07:00

RNS Number : 9357Q
Daily Mail & General Trust PLC
25 February 2019
 

25 February 2019

 

 

Daily Mail and General Trust plc (DMGT)

Media speculation as to DMGT's holding in Euromoney Institutional Investor PLC (Euromoney)

 

DMGT notes recent media speculation that it is considering strategic options in respect of its holding in Euromoney and confirms that it is reviewing options for its holding, consistent with its stated strategy of increasing portfolio focus. DMGT confirms that it has not received any proposal nor is it in discussions with any party to acquire its holding in Euromoney.

 

DMGT will make a further announcement if it becomes relevant and appropriate.

 

 

For further information

 

For analyst and institutional enquiries:

Adam Webster, Head of Investor Relations

+44 20 3615 2903

 

For media enquiries:

Tim Burt/Doug Campbell/Paul Durman, Teneo

+44 20 7260 2700

 

Market Abuse Regulation

The information communicated in this announcement includes inside information.

 

About DMGT

DMGT manages a diverse, multinational portfolio of companies, with total revenues of around £1.4bn, that provide businesses and consumers with compelling information, analysis, insight, events, news and entertainment. DMGT is also a founding investor and the largest shareholder of Euromoney Institutional Investor PLC.

 

Person responsible for arranging the release of this announcement:

Fran Sallas, Company Secretary

+44 20 3615 2904

 

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.
 
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