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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Expomedia Grp | LSE:EXP | London | Ordinary Share | GB0031056673 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number : 7194K Expomedia Group PLC 23 December 2008 23 December 2008 EXPOMEDIA GROUP PLC (AIM:EXP) ("Expomedia" or "the Company") DISPOSAL OF JOINT VENTURE The Board of Expomedia, the AIM quoted media group with interests in exhibitions, conferences, venue management and related publishing, announces that further to the statement made in the Company's Trading Update, released on the 10 November 2008, it has now completed the sale of its interest in the joint venture with Gruner & Jahr Expomedia Events GmbH for initial net proceeds of EUR415,000 with a further EUR85,000 payable within 12 months. For the year ended 31 December 2007 the joint venture with Gruner & Jahr showed turnover of EUR2,690,000, of which Expomedia's share was EUR1,345,000. The net loss was EUR976,000 and Expomedia's share of this was EUR488,000. Net assets were EUR572,000 at 31 December 2007. --ENDS-- Enquiries: Expomedia Group Plc Tel: 020 8386 0070 Mark Shashoua Darra Comyn Bishopsgate Communications Ltd. Tel: 020 7562 3350 Maxine Barnes Gemma O'Hara Charles Stanley Securities (Nominated Adviser) Tel: 020 7149 6000 Mark Taylor This information is provided by RNS The company news service from the London Stock Exchange END DISILFSEFDLVFIT
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