Response to Media Speculation

By

Regulatory News | 11 Apr, 2022

Updated : 07:00

RNS Number : 8786H
Ascential PLC
11 April 2022
 

11 April 2022

 

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATIONS

 

Ascential PLC

 

Response to Media Speculation

 

Ascential plc (LSE: ASCL.L), the specialist information, analytics and ecommerce optimisation company, notes recent media speculation regarding possible changes to the Group's structure.

 

As demonstrated on a number of occasions, Ascential's Board regularly evaluates the optimal organisational and capital structure for the business to continue both the successful delivery of the Group's strategy for the benefit of our customers and to maximise shareholder value.

 

Ascential confirms that it is in the early stages of evaluating the merits of a managed separation of certain assets of the Group.

 

As discussions are exploratory at this stage, they may or may not lead to the Board making a decision to undertake a managed separation of these businesses in due course.  The Board is committed to open and transparent engagement with all of its stakeholders and will communicate further if and as appropriate.

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 or visit 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.
 
END
 
 
RSPBKKBPKBKBQQD

Last news