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Sale of Digital Classics Distribution

18th Oct 2012 15:32

RNS Number : 0358P
DCD Media PLC
18 October 2012
 

DCD Media plc

("DCD")

Sale of Digital Classics Distribution Limited

 

 

DCD Media plc announces today it has sold Digital Classics Distribution Ltd and Digital Classics Distribution Rights Ltd to Classical TV Limited ('CTV') for £1.

 

As a result of the sale, the agreements between DCD and CTV have been either terminated or move into the CTV Group as part of the Sale and Purchase Agreement, thereby ending any DCD liabilities and obligations in performing its contract with CTV.

 

For further information please contact:

 

Sammy Nourmand, Chief Executive

DCD Media plc

Tel: 020 8 563 6976

 

Stuart Andrews/Charlotte Stranner/Rose Herbert

finnCap

Tel: 020 7220 0500

 

18th October 2012

 

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