Acquisition of Xceligent by DMGT

27th Apr 2012 11:10

27 April, 2012 Daily Mail and General Trust plc (`DMGT') Acquisition of Xceligentby DMGT

dmg::information ("dmgi"), the Business information division of DMGT, has agreed to make a strategic investment in Xceligent Inc. for a consideration of less than US$10 million.

Xceligent, based in Independence, Missouri, is one of only two companies in the United States that provide fully researched property and listing information to the commercial real estate community. The remaining shares in the company are owned by the founders, management and employees.

Investor/ analyst enquiries:

Stephen Daintith, Finance Director, DMGT +44 20 3615 2902

Media enquiries:

Kim Fletcher / Will Carnwath, Brunswick Group LLP +44 20 7404 5959

Daily Mail and General Trust plc Northcliffe House, 2 Derry Street, London, W8 5TT Tel 020 7938 6000 Fax 020 7938 4626 www.dmgt.com Registered in England and Wales No. 184594

XLON

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Related Shares:

DMGT.L