GoCompare completes acquisition of MyVoucherCodes
Updated : 11:04
GoCompare.com Group plc
10 January 2018
GoCompare completes the acquisition of MyVoucherCodes
Further to the announcement on 19 December 2017, GoCompare.com Group plc ("GoCompare" or "the Group") today announces that it has completed the acquisition of The Global Voucher Group Limited, which trades as MyVoucherCodes, and its subsidiaries1 (together, "MyVoucherCodes") from Monitise Limited for £36.5m in cash, on a cash-free, debt-free basis (the "Acquisition").
The Group's next scheduled update will be its 2017 preliminary results announcement on 28 February 2018.
1Comprising of Happiour Limited, Revivve Limited and Last Second Ticketing Limited.
For further information:
Nick Wrighton Chief Financial Officer, GoCompare t: 01633 655 051
Chris Barrie / Jos Bieneman / Elizabeth Kittle Citigate Dewe Rogerson t: 0207 638 9571
| Anders Nilsson Head of PR, GoCompare t: 01633 654 054 e: anders.nilsson@gocompare.com
|
About GoCompare.com Group plc (www.gocomparegroup.com)
GoCompare.com Group plc (GOCO) operates a leading UK comparison website, www.gocompare.com, which attracts approximately five million visits every month and is designed to help people save time and money.
When GoCompare launched in 2006 it disrupted the insurance market as the first comparison website to display policy details rather than just listing prices. GoCompare's goal was then, and still is now, to help people make better-informed buying decisions that save them time and money.
The Group uses data gathered from more than 20 million customers over the last 11 years to underpin its drive to continually improve its proposition and leverage its strong position.
GoCompare.com Group plc is an investor in Souqalmal.com, the leading comparison business in the Middle East; and in promising fintech start up MortgageGym, the mortgage robo-adviser.
About MyVoucherCodes (www.myvouchercodes.co.uk)
The Global Voucher Group Limited (trading as MyVoucherCodes) is a digital media and affiliate marketing specialist that connects consumers with money saving offers from the world's leading brands.
MyVoucherCodes.co.uk is one of the UK's biggest discount voucher websites. It launched in November 2006 and provides sales, discount and voucher code information to millions of consumers across the UK every month.
Each week, MyVoucherCodes send a variety of emails with the best selection of deals, vouchers and offers across fashion, restaurants, electronics, travel, beauty and more to its eight million email subscribers.
This information is provided by RNS