18th Oct 2012 15:32
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
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