14th May 2007 15:23
Wilmington Group Plc14 May 2007 Wilmington Group plc Disposal of W.D.I.S. Limited The board of Wilmington Group plc ("Wilmington"), the professional informationand training group, is pleased to announce that Wilmington has completed thesale of the entire issued share capital of W.D.I.S Limited ("WDIS"), whichprovides circulation management, subscription handling and processing, digitalissue production and warehousing services to the publishing industry, to OptimaData Intelligence Services Limited ("Optima") for a cash consideration of up to£1.0 million depending on the net assets of WDIS as at completion. Wilmington chief executive, Charles Brady, commented: "The sale is in line with Wilmington's strategy of concentrating on its coremarkets and will provide an excellent opportunity for WDIS to be furtherdeveloped by Optima. We will continue to be clients of WDIS and look forward toseeing its progression as a publishing services specialist." For further information, please contact: Wilmington Group plc 020 7422 6800 Charles Brady, Chief Executive Basil Brookes, Finance Director Note to Editors Wilmington Group plc is one of the UK's leading providers of information andtraining for professional business markets. Wilmington provides training,arranges industry events and publishes magazines, directories, databases, andspecial reports focused primarily on its principal sectors of Legal &Regulatory, Healthcare, Media and Entertainment and Design and Construction.Capitalised at approximately £198 million, Wilmington floated on the LondonStock Exchange in 1995 (www.wilmington.co.uk). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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