Completion of disposal of Hobsons (1172966)

Daily Mail and General Trust plc (DMGT) 
Completion of disposal of Hobsons 
04-March-2021 / 07:00 GMT/BST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
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4 March 2021 
 
Daily Mail and General Trust plc (DMGT) 
Completion of disposal of Hobsons 
 
DMGT announces the completion of the sale of Hobsons, its EdTech business, in two separate transactions, for total 
proceeds of approximately USUSD410m.  This follows the announcement on 18 February 2021 of the agreements to sell 
Hobsons' Naviance and Intersect businesses to US-based PowerSchool and to sell Hobsons' Starfish business to US-based 
EAB. 
Enquiries 
Investors: 
Tim Collier, Group CFO                    +44 20 3615 2902 
Adam Webster, Head of Investor Relations  +44 20 3615 2903 
 
Media: 
Doug Campbell, Teneo                      +44 7753 136628 
Paul Durman, Teneo                        +44 7793 522824

About DMGT

DMGT manages a portfolio of companies that provide businesses and consumers with compelling information, analysis, insight, events, news and entertainment. The Group takes a long-term approach to investment and has market-leading positions in consumer media, insurance risk, property information and events & exhibitions. In total, DMGT generates revenues of around GBP1.1bn. -----------------------------------------------------------------------------------------------------------------------

ISIN:          GB00BJQZC279 
Category Code: DIS 
TIDM:          DMGT 
LEI Code:      4OFD47D73QFJ1T1MOF29 
Sequence No.:  94785 
EQS News ID:   1172966 
 
End of Announcement  EQS News Service 
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(END) Dow Jones Newswires

March 04, 2021 02:00 ET (07:00 GMT)

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