Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNational World. Regulatory News (NWOR)

  • This share is currently suspended. It was suspended at a price of 22.90
  • There is currently no data for NWOR

Response to recent speculation

2 Dec 2019 13:57

RNS Number : 3675V
National World PLC
02 December 2019
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLYOR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

 

 

National World plc

 

("National World," or the "Company")

 

Response to recent speculation

 

The Company listed on the Main Market to create a modern platform for news publishing by implementing a new operating model using the latest technology. Its strategy will involve consolidation and change by combining digital technology innovation and traditional print assets to grow revenues by aggregation of audiences and reduce costs via shared services.

 

The Company confirms it is contemplating several acquisitions and has approached JPI following speculation that the sale process for the regional titles had not completed. There is no certainty that any transaction will proceed. A further announcement will be made as appropriate in due course.

 

Consequently, the Company has requested a suspension of listing of its ordinary shares pending either the publication of a prospectus prepared in accordance with the prospectus regulation rules of the UK Financial Conduct Authority made under section 73A of FSMA and approved by the FCA, as competent authority under Regulation (EU) 2017/1129 under section 87A of FSMA, or the announcement of the termination of discussions.

 

This announcement contains inside information for the purposes of the Market Abuse Regulation (EU) NO. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain. The person responsible for arranging for the release of this announcement on behalf of National World is Vijay Vaghela, Chief Operating Officer.

 

- Ends -

 

For further information please contact:

National World plc

David Montgomery

Vijay Vaghela

 

+44 (0)20 7583 8304

Dowgate Capital Limited - Financial Advisers and Brokers

James Serjeant

 

+44 (0)20 3903 7715

Alvarium MB (UK) Limited - Financial Advisers

Zeph Sequeria

 

+44(0)207 195 1400

Stanhope Capital LLP - Financial Advisers

Nigel Spray

Rakesh Sharma

Emmanuel Daïen

 

+44 (0)20 7725 1800

 

Montfort Communications - Financial PR & IR

Nick Miles

Olly Scott

 

 

+44 (0)78 1234 5205

 

 

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
 
 
RSPTTBJTMBAMBBL
Date   Source Headline
27th May 202510:48 amRNSScheme of Arrangement becomes Effective
22nd May 20251:18 pmRNSCourt Sanction of the Scheme
15th May 20254:45 pmRNSRule 2.8 Announcement
8th May 20259:22 amRNSUpdate on satisfaction of Conditions and timetable
7th May 202510:14 amRNSForm 8.3 - NATIONAL WORLD PLC
6th May 202511:11 amRNSBlock listing Interim Review
2nd May 20254:00 pmRNSClarification deadline for National World
30th Apr 20251:00 pmRNSUpdate on satisfaction of conditions and timetable
24th Apr 20255:00 pmRNSDate of Annual General Meeting
8th Apr 20257:00 amRNSVCP Update and Publication of Annual Report
1st Apr 20259:44 amRNSForm 8.3 - NATIONAL WORLD PLC
28th Mar 20251:01 pmRNSForm 8.3 - NATIONAL WORLD PLC
28th Mar 20259:53 amRNSStatement re Press Speculation
26th Mar 202511:04 amRNSForm 8.3 - NATIONAL WORLD PLC
25th Mar 20257:17 amRNSForm 8.3 - National World PLC
21st Mar 20257:00 amRNSResults for the year ended 28 December 2024
12th Mar 20259:14 amRNSForm 8.3 - National World PLC
4th Mar 202510:10 amRNSForm 8.3 - National World PLC
27th Feb 202512:43 pmRNSForm 8.3 - NATIONAL WORLD PLC
25th Feb 202512:31 pmRNSUpdate on satisfaction of Conditions and Timetable
18th Feb 202510:29 amRNSHolding(s) in Company
18th Feb 20258:52 amRNSForm 8.3 - National World PLC
17th Feb 20251:08 pmRNSForm 8.3 - NATIONAL WORLD PLC
13th Feb 20255:00 pmRNSResult of Court Meeting and General Meeting
11th Feb 20251:59 pmRNSForm 8 (DD) - National World Plc
11th Feb 20258:37 amRNSForm 8.3 - NATIONAL WORLD PLC
10th Feb 20257:25 amRNSForm 8.3 - NATIONAL WORLD PLC
7th Feb 20258:58 amRNSForm 8.3 - National World PLC
4th Feb 202512:42 pmRNSForm 8.3 - NATIONAL WORLD PLC
3rd Feb 20259:13 amRNSForm 8.3 - National World PLC
31st Jan 20251:50 pmRNSForm 8.3 - NATIONAL WORLD PLC
23rd Jan 20252:41 pmRNSForm 8.3 - NATIONAL WORLD PLC
23rd Jan 202510:25 amPRNForm 8.3 - National World PLC
23rd Jan 20259:20 amRNSForm 8.3 - NATIONAL WORLD PLC
20th Jan 20255:14 pmRNSPublication of Scheme Document
9th Jan 202511:03 amRNSForm 8 (DD) - National World plc
9th Jan 202510:24 amRNSForm 8.3 - NATIONAL WORLD PLC
23rd Dec 202411:46 amRNSForm 8 (DD) - National World plc
20th Dec 20248:57 amRNSForm 8.3 - National World PLC
19th Dec 20241:15 pmRNSDirectorate Change
18th Dec 20242:56 pmRNSRecommended Final Cash Offer
11th Dec 202412:25 pmRNSForm 8.3 - Axiom Media Holdings Limited
10th Dec 202410:38 amRNSDisclosure under Rule 2.10(c)
6th Dec 20247:00 amRNSUpdate regarding Final* Possible Offer
5th Dec 20246:00 pmRNSForm 8 (OPD) - National World plc
4th Dec 202412:00 pmRNSForm 8 (DD) - National World
29th Nov 20243:00 pmRNSForm 8 (DD) - National World
29th Nov 20248:30 amRNSForm 8 (OPD) National World plc
26th Nov 202412:13 pmRNSForm 8.3 - National World PLC
25th Nov 20242:08 pmPRNForm 8.3 - National World PLC

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.