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Completion of Friends Reunited Disposal

26th Mar 2010 07:00

RNS Number : 2235J
ITV PLC
26 March 2010
 



ITV plc

 

25 March 2010

 

 

ITV confirms completion of sale of Friends Reunited

 

 

ITV plc today announces that the sale of its 100% shareholding in Friends Reunited Holdings Limited ("Friends Reunited") to Brightsolid Online Innovation Limited (a wholly owned subsidiary of D.C. Thomson Limited) for a total cash consideration of £25m, completed on 25 March 2010 following regulatory approval from the competition authorities.

 

-End-

 

 

For further enquiries please contact:

 

ITV plc

Tel: 020 7157 3000

 

Investor enquiries

Christy Swords

020 7157 6572 or 07881 505783

Pippa Foulds

020 7157 6555 or 07778 031097

 

Media enquiries

Ruth Settle

020 7157 3707 or 07946 346698

Louise Evans

020 7157 3710 or 07825 680994

 

Tulchan Communications

Susanna Voyle, Tulchan

020 7353 4200

 

Website: www.itv.com; investor information: www.itvplc.com

 

 

Note to editors

 

ITV plc announced the sale of Friends Reunited subject to approval by the competition authorities on 6 August 2009.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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