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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Hmv Grp | LSE:HMV | London | Ordinary Share | GB0031575722 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.10 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMHMV
RNS Number : 5776S
HMV Group PLC
03 December 2012
HMV GROUP PLC
3 December 2012
Sale of MAMA Group Limited
HMV Group plc today announces the sale of MAMA Group Limited and its subsidiaries and its separately held interest in 50% of Mean Fiddler Group Limited ("MAMA") to Juno Newco Limited, a wholly owned subsidiary of Lloyds Development Capital Limited. The sale of MAMA does not include the sale of G-A-Y Group Limited and Heaven (London) Limited, which will be the subject of a separate transaction, discussions for which are ongoing.
The net cash consideration for the sale of MAMA is GBP7.3m of which GBP3.5m will be deferred for 12months. The proceeds of sale will be used to reduce the Company's debt. This sale is a further step in the disposal of the HMV Live Business and follows the disposal earlier this year of the Hammersmith Apollo.
Enquiries:
Brunswick: Mike Smith 020 7404 5959
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISUOVARUSAURAA
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