REG - Trinity Mirror PLC - Statement re Competition and Markets Authority <Origin Href="QuoteRef">TNI.L</Origin>

ReachAnnouncement

02/03/2018 10:00

RNS Number : 5249G
Trinity Mirror PLC
02 March 2018
2 March 2018
Trinity Mirror plc
Statement re Competition and Markets Authority ("CMA") merger investigation
On 1 March 2018, the Company announced the completion of the acquisition of Northern & Shell's UK publishing assets via the acquisition of 100% of the equity in Northern & Shell Network Limited (the "Acquisition").
Trinity Mirror notes that the CMA has launched a merger investigation and made an initial enforcement order (a "hold separate" order) under the Enterprise Act 2002, in relation to the Acquisition.
The Board continues to believe that there will be no reduction in media plurality as a result of the Acquisition, as each newspaper brand will continue with its current editorial positioning, and that there will not be any detrimental impact on competition as a result of the Acquisition.
A further announcement will be made as and when appropriate.
Enquiries
Trinity Mirror

Simon Fox, Chief Executive
Vijay Vaghela, Group Finance Director and Company Secretary
020 7293 3553
Brunswick

Nick Cosgrove, Partner
020 7404 5959
Will Medvei, Director


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