Disposal Completion
19 Décembre 2007 - 8:00AM
UK Regulatory
Embargoed Release: 07:00hrs Wednesday 19 December 2007
Touch Group plc
(`Touch Group' or the `Company')
Equity Disposal
Touch Group plc, the international business-to-business publishing group with
activities spanning both online and print media, is pleased to announce that
the equity disposal announced on 12 November 2007 completed on 17 December and
that the Company yesterday received the cash consideration of �2 million.
This transaction brings to completion a 7-Goal Plan embarked upon 2 years ago,
to transform Touch Group into an international business-to-business publishing
business:
1. To publish in marketplaces that are huge and growing, namely the Medical,
Pharmaceutical and Energy sectors.
2. To develop a customer base of Fortune 500 and FTSE 100 companies.
3. To build a senior operations team capable of driving the business forward.
4. To identify, create and produce quality content-rich products.
5. To secure repeat business through investing in client relationships.
6. To climb entry barriers.
7. To equip itself with sufficient resources to take the business forward.
This transaction enables the Company to drive the business forward on all
fronts in 2008.
-Ends-
For further information:
Touch Group plc
Vincent Isaacs
Executive Chairman Tel: 020 7452 5222
Hansard Group
Andrew Tan Tel: 020 7245 1100
Shore Capital and Corporate Limited
Nominated Adviser to the Company
Dru Danford Tel: 020 7408 4090
END
Touch Group (LSE:TOU)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024
Touch Group (LSE:TOU)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024
Real-Time news about Touch Grp (London Stock Exchange): 0 recent articles
Plus d'articles sur Touch Group Plc