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Sale of Trinity Mirror Digital Property

4th Sep 2013 12:06

RNS Number : 2224N
Trinity Mirror PLC
04 September 2013
 



Trinity Mirror plc

4 September 2013

Trinity Mirror announces sale of Trinity Mirror Digital Property

Trinity Mirror confirms that it has sold Trinity Mirror Digital Property Limited ("TMDP"), the owner of SmartNewHomes.co.uk, Email4Property.co.uk, HomesOverseas.co.uk and Zoomf.com to Zoopla Property Group Limited (ZPG) for £3.3 million.

The sale of TMDP has no impact on the Group's strategy for growing its digital revenues.

TMDP, a stand-alone subsidiary of Trinity Mirror, had revenues of £2.9 million and made an operating profit of £0.5 million for the 52 weeks ended 30 December 2012.

 

Enquiries

 

Trinity Mirror

Simon Fox, Chief Executive 020 7293 3553

Vijay Vaghela, Group Finance Director 020 7293 3553

 

Brunswick

Mike Smith, Partner 020 7404 5959

Nick Cosgrove, Director 020 7404 5959

 

 

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