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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

Date		Source	Headline
13th Nov 2012	7:00 am	RNS	Interim Results
11th Oct 2012	4:40 pm	RNS	Holdings in Company
21st Sep 2012	2:29 pm	RNS	Listing of Shares
21st Sep 2012	1:20 pm	RNS	Director/PDMR Shareholding
20th Sep 2012	11:08 am	RNS	Holding(s) in Company
3rd Sep 2012	2:46 pm	RNS	Director/PDMR Shareholding
27th Jul 2012	3:19 pm	RNS	Result of AGM
26th Jul 2012	7:00 am	RNS	Directorate Change
26th Jul 2012	7:00 am	RNS	Interim Management Statement
23rd Jul 2012	11:21 am	RNS	Holding(s) in Company
19th Jun 2012	5:00 pm	RNS	Annual Financial Report
25th May 2012	9:00 am	RNS	TalkTalk Group partners with Fujitsu
17th May 2012	7:00 am	RNS	Final Results
2nd Apr 2012	12:34 pm	RNS	Director/PDMR Shareholding
13th Feb 2012	4:03 pm	RNS	Holding(s) in Company
7th Feb 2012	6:12 pm	RNS	Director/PDMR Shareholding
7th Feb 2012	7:00 am	RNS	Interim Management Statement
21st Nov 2011	7:00 am	RNS	Director/PDMR Shareholding
15th Nov 2011	7:00 am	RNS	Interim Results
6th Sep 2011	3:48 pm	RNS	Holding(s) in Company
5th Sep 2011	1:29 pm	RNS	Director/PDMR Shareholding
15th Aug 2011	4:08 pm	RNS	Holding(s) in Company
28th Jul 2011	12:28 pm	RNS	AGM Statement
28th Jul 2011	7:00 am	RNS	Interim Management Statement
15th Jul 2011	10:43 am	RNS	Annual Information Update
5th Jul 2011	4:44 pm	RNS	Disposal
27th Jun 2011	12:12 pm	RNS	Annual Financial Report
22nd Jun 2011	5:35 pm	RNS	Holding(s) in Company
23rd May 2011	12:04 pm	RNS	Director/PDMR Shareholding
19th May 2011	7:00 am	RNS	Final Results
12th Apr 2011	10:52 am	RNS	Acquisition
1st Apr 2011	5:18 pm	RNS	Director/PDMR Shareholding
8th Mar 2011	4:01 pm	RNS	Holding(s) in Company
7th Mar 2011	2:42 pm	RNS	Holding(s) in Company
17th Feb 2011	11:00 am	RNS	Director/PDMR Shareholding
15th Feb 2011	2:10 pm	RNS	Holding(s) in Company
14th Feb 2011	3:22 pm	RNS	Holding(s) in Company
10th Feb 2011	3:58 pm	RNS	Director/PDMR Shareholding
10th Feb 2011	3:54 pm	RNS	Holding(s) in Company
8th Feb 2011	7:00 am	RNS	Directorate Change
8th Feb 2011	7:00 am	RNS	Interim Management Statement
16th Nov 2010	5:00 pm	RNS	Holding(s) in Company
16th Nov 2010	10:24 am	RNS	Directorate Change
16th Nov 2010	7:00 am	RNS	Half Yearly Report
21st Oct 2010	1:18 pm	RNS	Holding(s) in Company
21st Oct 2010	1:18 pm	RNS	Holding(s) in Company
10th Sep 2010	10:07 am	RNS	Notice of Results
3rd Aug 2010	9:25 am	RNS	Acquisition Update
30th Jul 2010	7:00 am	RNS	Interim Management Statement
23rd Jun 2010	10:37 am	RNS	Director/PDMR Shareholding

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