Matchlight Limited

DCD Media Plc

("DCD Media" or the "Group")

Matchlight Limited

DCD Media is aware of recent press suggesting that a sale of its subsidiary Matchlight Limited may be imminent. Matchlight is a Glasgow-based production business, which the board does not consider to be material to the Group on an ongoing basis. 

The board confirms that it has agreed terms to sell Matchlight to the existing management team, however completion of the sale remains subject to a number of conditions. In the event that the sale concludes, the board expects to maintain a continued strong relationship with Matchlight given DCD Rights will retain a long-term option over Matchlight's distribution rights. 

Further details will be provided in due course.

For further information please contact:

DCD Media plc

Tel: +44 (0)20 8563 9393

[email protected]

Stuart Andrews or Charlotte Stranner

finnCap

Tel: +44 (0)20 7220 0500