Haynes Publishing Group PLC Exchange of contracts (9319Q)

TIDMHYNS

RNS Number : 9319Q

Haynes Publishing Group PLC

18 September 2017

Haynes Publishing Group P.L.C ("Haynes").

Exchange of contracts

On 6 July 2017, Haynes announced it was in discussions with Solera Holdings Inc ("Solera") regarding a proposal to acquire the E3 Technical business from Carweb, a UK subsidiary of Solera.

On 15 September 2017, contracts were exchanged with Solera for the purchase of the trade and assets of the E3 Technical business subject to the satisfaction of certain conditions, including the approval by the Competition and Markets Authority of the acquisition as an Undertaking in Lieu of a reference in respect of the acquisition of Autodata Publishing Group Limited by Solera Holdings, Inc.

Further details will be provided once these conditions have been satisfied and the transaction has been completed.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

Enquiries:

   Haynes Publishing Group P.L.C.                                            [phone] 

E Bell, Group Chairman

J Haynes, Chief Executive Officer

   Investor Contact: Panmure Gordon (UK) Limited                [phone] 

Karri Vuori

Erik Anderson

Will Wickham

   Media Contact: New Century Media                                       [phone] 

Richard Hill

This information is provided by RNS

The company news service from the London Stock Exchange

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September 18, 2017 02:00 ET (06:00 GMT)