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Completion of disposal of EDR

5th Apr 2018 18:21

DAILY MAIL & GENERAL TRUST PLC - Completion of disposal of EDR

DAILY MAIL & GENERAL TRUST PLC - Completion of disposal of EDR

PR Newswire

London, April 5

5 April 2018

Daily Mail and General Trust plc (DMGT)

Completion of disposal of EDR

DMGT announces the completion of the disposal of EDR, the US property information business, under previously disclosed terms. This follows the announcement on 13 March 2018 of the agreement to sell EDR to Silver Lake Partners and Battery Ventures for $205 million.

For further information

For analyst and institutional enquiries:
Tim Collier, Chief Financial Officer+44 20 3615 2902
Philip Harris, Deputy Head of Management Information
and Investor Relations+44 20 3615 0302
For media enquiries: Alex Moorhouse, Head of Communications +44 20 3615 2245

About DMGT

DMGT manages a diverse, multinational portfolio of companies, with total revenues of around £1.5 bn, that provide businesses and consumers with compelling information, analysis, insight, events, news and entertainment. DMGT is also a founding investor and the largest shareholder of Euromoney Institutional Investor PLC and ZPG Plc.


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