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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Kcom Group Plc | LSE:KCOM | London | Ordinary Share | GB0007448250 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 120.00 | 120.00 | 120.20 | 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
TIDMKCOM
RNS Number : 2990M
KCOM Group PLC
19 January 2016
19 January 2016
KCOM Group (KCOM.L. the 'Group')
Confirmation of sale of UK network infrastructure to CityFibre for
a total cash consideration of GBP90 million
Following approval of the transaction by CityFibre's shareholders last week, KCOM Group today confirms completion of the sale of its national network infrastructure (outside of Hull and East Yorkshire) to CityFibre for an all cash consideration of GBP90.0 million.
Proceeds will be used by KCOM Group to reduce net debt, which would have resulted in a pro-forma net debt of GBP13.0 million as at 30 September 2015
ENDS
For further information please contact:
Bill Halbert, Chief Executive Officer / Paul Simpson, Chief Financial Officer
KCOM Group PLC
01482 602595
Cathy Phillips, Investor Relations
KCOM Group PLC
07778 335735
Matt Ridsdale/Lulu Bridges/Mike Bartlett
Tavistock Communications
020 7920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUKARRNBAAAAR
(END) Dow Jones Newswires
January 19, 2016 05:18 ET (10:18 GMT)
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