REG - Ascential PLC - Statement re: Media Speculation

AscentialAnnouncement

29/09/2023 17:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230929:nRSc2430Oa&default-theme=true

RNS Number : 2430O  Ascential PLC  29 September 2023

29 September 2023

Ascential PLC

 

Statement re: Media Speculation

 

Ascential notes recent press speculation in relation to the sale process for
WGSN. As stated in the interim results announcement on 22 September, the
Board's strategic actions to maximise shareholder value and position each
business within the portfolio for long-term success are well advanced and a
market update is expected before the end of the year.

 

The Board confirms that it is in exclusive discussions with Apax in relation
to the sale of WGSN.  There can be no certainty that any binding transaction
will be entered into.  A further announcement will be made in due course as
appropriate.

 

 Media enquiries

 Matt Dixon       FTI Consulting LLP   +44 (0)20 3727 1000

 Jamie Ricketts

 Edward Bridges

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  SPCFLFIRAAIAFIV