Admiral Group plc in discussions to sell AdmiralDirekt
December 07 2010 - 5:01AM
UK Regulatory
TIDMADM
Admiral Group plc ("the Group") is in exclusive discussions with Itzehoer
Versicherung in respect of the sale of AdmiralDirekt, the Group's car insurance
operation in Germany. AdmiralDirekt continues its operations as normal.
The Group remains focused on continuing the profitable growth of UK operations
and on building profitable, growing, sustainable businesses in Spain, Italy,
USA, and France.
For further information, please contact:
Admiral Group plc
Alistair Hargreaves Investors & Analysts +44 (0)2920 435528
Louisa Scadden Press enquiries +44 (0)2920 434224
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Admiral Group PLC via Thomson Reuters ONE
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