ZPG PLC Approval for the acquisition of Money.co.uk (2878Q)

TIDMZPG

RNS Number : 2878Q

ZPG PLC

08 September 2017

8 September 2017

ZPG Plc

("ZPG" or the "Company")

ZPG PLC RECEIVES FCA APPROVAL FOR THE ACQUISITION OF MONEY.CO.UK

ZPG Plc (LSE:ZPG) ("ZPG") which owns and operates some of the UK's most trusted property and household-related digital brands including Zoopla, uSwitch, PrimeLocation and Hometrack, today announces that it has received FCA approval for the acquisition of Dot Zinc Limited ("Money.co.uk" or "Money"), which was the sole condition of the acquisition. The acquisition is now scheduled to complete on 1 October 2017, with ZPG incorporating the Money results into its accounts from the same date.

ENDS-

For further information, please contact:

Lawrence Hall, Head of Communications - [e-mail] / 07890 078 945

Rachael Malcolm, Head of Investor Relations - [e-mail] / 020 38725 648

James Isola, Maitland 020 7379 5151

About ZPG Plc (www.zpg.co.uk)

ZPG Plc (LSE:ZPG) ("ZPG") owns and operates some of the UK's most trusted property and household-related digital brands including Zoopla, uSwitch, PrimeLocation and Hometrack.

We help empower smarter property and household decisions and our multi-brand, multi-channel approach creates a unique and unrivalled proposition with our websites and mobile apps attracting over 50 million visits per month and over 25,000 business partners using our services.

Zoopla is the UK's most comprehensive property website, helping consumers to research the market and find their next home by combining hundreds of thousands of property listings with market data and local information.

uSwitch is the UK's leading comparison website for home services switching, helping consumers to find the best deal and save money on their gas, electricity, broadband, TV, phone and other products.

PrimeLocation is one of the UK's leading property websites, helping house-hunters in the middle/upper tiers of the market find their dream home from the top estate agents, letting agents and property developers.

Hometrack is a leading automated valuation model (AVM) provider in the UK and Australia, providing residential property market insights to partners including mortgage lenders, developers, investors and others.

ZPG is also the UK's leading provider of cloud-based software and back office solutions for estate and letting agents across the UK with a portfolio of brands including Alto, Jupix, Expert Agent, Technicweb, Ravensworth, PropertyFile and MoveIT.

ZPG was founded in 2007 and has a highly experienced management team, led by Founder & CEO, Alex Chesterman OBE.

About Money (www.money.co.uk)

Money was established in 2008 by serial entrepreneur Chris Morling and is now one of the UK's leading financial services comparison websites. Its mission is to help consumers make smarter financial decisions by comparing thousands of deals from over 600 providers across more than 60 product categories including mortgages, loans, credit cards, bank accounts and insurance.

This information is provided by RNS

The company news service from the London Stock Exchange

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September 08, 2017 12:14 ET (16:14 GMT)