Wilmington Group Plc
14 May 2007
Wilmington Group plc
Disposal of W.D.I.S. Limited
The board of Wilmington Group plc ('Wilmington'), the professional information
and training group, is pleased to announce that Wilmington has completed the
sale of the entire issued share capital of W.D.I.S Limited ('WDIS'), which
provides circulation management, subscription handling and processing, digital
issue production and warehousing services to the publishing industry, to Optima
Data Intelligence Services Limited ('Optima') for a cash consideration of up to
£1.0 million depending on the net assets of WDIS as at completion.
Wilmington chief executive, Charles Brady, commented:
'The sale is in line with Wilmington's strategy of concentrating on its core
markets and will provide an excellent opportunity for WDIS to be further
developed by Optima. We will continue to be clients of WDIS and look forward to
seeing its progression as a publishing services specialist.'
For further information, please contact:
Wilmington Group plc 020 7422 6800
Charles Brady, Chief Executive
Basil Brookes, Finance Director
Note to Editors
Wilmington Group plc is one of the UK's leading providers of information and
training for professional business markets. Wilmington provides training,
arranges industry events and publishes magazines, directories, databases, and
special reports focused primarily on its principal sectors of Legal &
Regulatory, Healthcare, Media and Entertainment and Design and Construction.
Capitalised at approximately £198 million, Wilmington floated on the London
Stock Exchange in 1995 (www.wilmington.co.uk).
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.