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Acquisition Update

3 Aug 2010 09:25

RNS Number : 4179Q

TalkTalk Telecom Group PLC

03 August 2010

RNS Announcement

Tuesday 3rd August 2010

For Immediate Release

TalkTalk Telecom Group PLC ("Company")

Acquisition Update

The Company is pleased to announce that agreement has been reached with Tiscali S.p.A. regarding the final purchase price for our acquisition by the Company of Tiscali's UK operations in July 2009. This has resulted in a £21 million reduction in consideration in respect of previously announced changes in customer numbers, partially offset by a £6 million working capital adjustment. This results in a £15 million net cash benefit for the Company which is in line with previous guidance.

Amy Stirling

Chief Financial Officer

0203 417 1034

Christian Maher

Oakley Capital Corporate Finance

0207 766 6933

07900 243308

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQGMGGRRFLGGZG

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7th Nov 2017	2:04 pm	RNS	Holding(s) in Company
10th Oct 2017	3:48 pm	RNS	Long Term Incentive Awards
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4th Aug 2017	10:29 am	RNS	Holding(s) in Company
20th Jul 2017	1:48 pm	RNS	Long Term Incentive Awards
19th Jul 2017	12:41 pm	RNS	Result of AGM
19th Jul 2017	7:00 am	RNS	Trading Statement
10th Jul 2017	7:00 am	RNS	Directorate Change
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14th Jun 2017	10:44 am	RNS	Publication of Annual Report 2017 & Notice of AGM
24th May 2017	10:01 am	RNS	Holding(s) in Company
18th May 2017	9:38 am	RNS	Holding(s) in Company
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12th Jan 2017	3:29 pm	RNS	Upsizing and Pricing of £400 million Senior Notes
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20th Jul 2016	11:21 am	RNS	Director/PDMR Shareholding
20th Jul 2016	11:05 am	RNS	Directorate Change
20th Jul 2016	7:00 am	RNS	Trading Statement
20th Jun 2016	7:07 am	RNS	Annual Financial Report
16th Jun 2016	3:23 pm	RNS	Director/PDMR Shareholding
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7th Jun 2016	9:37 am	RNS	Holding(s) in Company
23rd May 2016	3:29 pm	RNS	Long Term Incentive Awards
23rd May 2016	12:00 pm	RNS	Director/PDMR Shareholding
23rd May 2016	12:00 pm	RNS	Director/PDMR Shareholding
12th May 2016	7:00 am	RNS	Final Results
14th Apr 2016	5:02 pm	RNS	Director/PDMR Shareholding
14th Apr 2016	5:00 pm	RNS	Director/PDMR Shareholding

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