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14 Nov 2016 07:00
14 November 2016
JOHNSTON PRESS PLC
Response to press speculation
The Board of Johnston Press plc (the "Company" or "Group") notes the recent media speculation and confirms it is in late stage discussions with Iliffe Media surrounding the potential disposal of certain titles.
The Company has previously announced that as part of its portfolio review, a number of brands had been identified that were not part of its long-term future and a process has been initiated to explore the potential sale of these assets to identified parties.
This disposal process is ongoing and a further announcement will be made when appropriate. Shareholders are advised that there can be no certainty that the disposal process will lead to any definitive agreements concerning any possible disposals or as to the timing or terms of any such agreements.
For further information please contact:
Johnston Press Ashley Highfield, Chief Executive Officer David King, Chief Financial Officer |
020 7612 2601 020 7612 2602 |
Bell Pottinger Dan de Belder Henry Lerwill |
020 3772 2561 020 3772 2570 |
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
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