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.
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Media enquiries Matt Dixon Jamie Ricketts Edward Bridges |
FTI Consulting LLP |
+44 (0)20 3727 1000 |