3rd Apr 2014 11:22
DAILY MAIL & GENERAL TRUST PLC - Disposal of Jobrapido and BroadbeanDAILY MAIL & GENERAL TRUST PLC - Disposal of Jobrapido and Broadbean
PR Newswire
London, April 3
3 April 2014 Daily Mail and General Trust plc (`DMGT') Disposal of Jobrapido and Broadbean Evenbase, dmg media's digital recruitment business, has disposed of its jobdistribution software business, Broadbean, to CareerBuilder and its job searchengine, Jobrapido, to Symphony Technology Group. These disposals follow thedisposal of the specialist recruitment job board, OilCareers, to Dice Holdings,Inc. in March 2014. Kevin Beatty, CEO of dmg media, said: "CareerBuilder is a premiere HR Softwareas a Service (SaaS) provider, specialising in talent management software anddeep labour market intelligence. Broadbean's SaaS offering for jobdistribution, candidate sourcing and big data analytics is a naturalcomplement. Jobrapido extends Symphony Technology Group's existing position inthe online recruitment market and Jobrapido will benefit from Symphony'splanned investment in its next wave of growth." During the year to 30 September 2013 the total revenues from the threebusinesses, Jobrapido, Broadbean and OilCareers, were £47 million and totaloperating profits were £6 million. For further information For analyst and institutional enquiries:Stephen Daintith, Finance Director +44 20 3615 2902Adam Webster, Head of Management Informationand Investor Relations +44 20 3615 2903 For media enquiries:Kim Fletcher / Charlie Potter, Brunswick Group +44 20 7404 5959 About DMGT DMGT is an international business built on entrepreneurship and innovation. Webring together leading companies and talented people to provide businesses andconsumers with high-quality analysis & insight, information, news andentertainment. Group revenues are split across our five operating businesses. The B2B businesses are: • Risk Management Solutions • dmg information • dmg events • Euromoney Institutional Investor The Consumer business, known as dmg media, comprises: • The Daily Mail and The Mail On Sunday • MailOnline • Metro • Jobsite • Wowcher • Zoopla Property Group* (Zoopla & Prime Location) DMGT's ambition is to provide the highest quality content and services, acrossthe most attractive growth markets in innovative, responsible and sustainableways, building on its track record of earnings and dividend growth. *c53% share Daily Mail and General Trust plcNorthcliffe House, 2 Derry Street,London, W8 5TT www.dmgt.comRegistered in England and Wales No. 184594
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