Johnston Press PLC Response to press speculation (0353P)

TIDMJPR

RNS Number : 0353P

Johnston Press PLC

14 November 2016

14 November 2016

JOHNSTON PRESS PLC

Response to press speculation

The Board of Johnston Press plc (the "Company" or "Group") notes the recent media speculation and confirms it is in late stage discussions with Iliffe Media surrounding the potential disposal of certain titles.

The Company has previously announced that as part of its portfolio review, a number of brands had been identified that were not part of its long-term future and a process has been initiated to explore the potential sale of these assets to identified parties.

This disposal process is ongoing and a further announcement will be made when appropriate. Shareholders are advised that there can be no certainty that the disposal process will lead to any definitive agreements concerning any possible disposals or as to the timing or terms of any such agreements.

For further information please contact:

 
 Johnston Press 
  Ashley Highfield, Chief 
   Executive Officer              020 7612 2601 
  David King, Chief Financial 
   Officer                         020 7612 2602 
 Bell Pottinger 
  Dan de Belder                   020 3772 2561 
  Henry Lerwill                    020 3772 2570 
 

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

This information is provided by RNS

The company news service from the London Stock Exchange

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November 14, 2016 02:00 ET (07:00 GMT)