Future PLC Completion of Home Interest acquisition (7035M)

TIDMFUTR

RNS Number : 7035M

Future PLC

01 August 2017

1 August 2017

Future plc

Completion of Home Interest acquisition

Future plc (LSE: FUTR, "the Group" or "Future"), the global platform for specialist media, announces that the acquisition of the Home Interest Division of Centaur Media plc (the "Acquisition") is now complete.

Zillah Byng-Thorne, Future Chief Executive said:

"This acquisition provides us with market leading access to an attractive vertical with clear growth potential. It will significantly boost our scale and momentum, while further diversifying our revenue streams, as we continue to build a global platform business for specialist media with data at its heart."

 
 Future plc                                          01225 442 244 
 Zillah Byng-Thorne, Chief Executive Officer 
 Penny Ladkin-Brand, Chief Financial Officer 
 
 Numis                                               020 7260 1000 
 Nick Westlake/Mark Lander/Kevin Cruickshank/Toby 
  Adcock 
 
 N+1 Singer                                          020 7496 3069 
 Mark Taylor/Michael Taylor/James White 
 
 Instinctif Partners                                 020 7457 2020 
 Adrian Duffield/Kay Larsen/Chris Birt 
 

About Future:

The Media division focuses on being at the forefront of digital innovation with three complementary revenue streams: e-commerce, events and digital advertising. It operates in a number of sectors including the high growth technology and games markets and has a number of leading brands including Techradar, PC Gamer, GamesRadar+, The Photography Show, Generate and Golden Joysticks.

The Magazine division is specialist and brand-led, with over 100 publications. The Magazine portfolio spans Technology, Games, Music, Film, Photography, Creative & Design, Field Sports and Science & Knowledge. Its market-leading titles include T3, Total Film, How It Works, Edge and All About History. The division also publishes over 440 bookazines per year with a total global circulation of 1.2 million.

This information is provided by RNS

The company news service from the London Stock Exchange

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August 01, 2017 03:03 ET (07:03 GMT)