Virgin Mobile France sale and purchase agreement

RNS Number : 8580K

Carphone Warehouse Group PLC

30 June 2014

 



Monday, 30 June 2014

FOR IMMEDIATE RELEASE

Carphone Warehouse Group plc ("CPW")

Sale agreement in respect of Virgin Mobile France

Further to the announcement made on 16 May 2014 that CPW and all of the other shareholders of Omer Telecom Limited ("Omer"), of which CPW owns 46%, had entered into an exclusivity agreement in respect of the proposed sale of 100% of Omer to Numericable Group for an enterprise value of Euro 325 million, on 27 June 2014 CPW and such other parties entered into a legally binding sale and purchase agreement in respect of such sale which is conditional on the approval of the French Competition Authority.

For further information

For analyst and institutional enquiries

Kate Ferry, Investor Relations Director [phone]

Kerry Becker, Investor Relations Manager [phone]

 

END

 

 

CNTWGUACQUPCUAU