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Disposal of OilCareers

19th Mar 2014 13:16

DAILY MAIL & GENERAL TRUST PLC - Disposal of OilCareers

DAILY MAIL & GENERAL TRUST PLC - Disposal of OilCareers

PR Newswire

London, March 19

19 March 2014 Daily Mail and General Trust plc (`DMGT') Disposal of OilCareers Evenbase, dmg media's digital recruitment business, has disposed of thespecialist recruitment job board, OilCareers, to Dice Holdings, Inc. for US$26million. Kevin Beatty, CEO of dmg media, said: "OilCareers has grown successfully sinceEvenbase acquired the business in 2008, achieving US$8 million of revenue inthe year to September 2013. OilCareers and Dice Holdings' Rigzone, a marketleader in delivering online content, data, advertising and career services inthe oil and gas industry, are complementary businesses and the strategic fitwill better position OilCareers for further growth." For further information For analyst and institutional enquiries: Stephen Daintith, Finance Director +44 20 3615 2902 Adam Webster, Head of Management Information and 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. Daily Mail and General Trust plc Northcliffe House, 2 Derry Street, London, W8 5TT www.dmgt.com

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