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Share Name Share Symbol Market Type Share ISIN Share Description
Moneysupermarket.com Group Plc LSE:MONY London Ordinary Share GB00B1ZBKY84 ORD 0.02P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.00 -1.36% 218.40 218.80 219.20 222.60 218.80 219.20 2,617,704 16:35:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 344.9 87.8 12.9 16.9 1,173

Moneysupermarket.com Group PLC TravelSupermarket combination with Icelolly.com

12/08/2021 7:28am

UK Regulatory (RNS & others)


Moneysupermarket.com (LSE:MONY)
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TIDMMONY

RNS Number : 3721I

Moneysupermarket.com Group PLC

12 August 2021

Moneysupermarket.com Group PLC combination of TravelSupermarket and Icelolly.com cleared by CMA

12 August 2021

Moneysupermarket.com Group PLC (the "Group") is pleased to confirm the satisfactory completion of the UK merger control process in respect of the proposed combination of TravelSupermarket and Icelolly.com to create the Ice Travel Group.

The final condition for completion of the combination has now been met. The Group expects to complete the transaction in early September.

In 2019 TravelSupermarket and Icelolly.com between them generated around GBP30m in revenue and under GBP10m in EBITDA. Given the current state of the travel market, we expect Icelolly.com to incur EBITDA losses to the end of 2021 but for in-year synergies to broadly offset these.

For further information, contact:

   Scilla Grimble, Chief Financial Officer     scilla.grimble@moneysupermarket.com / 0203 826 4667 
   Ian Gibson, Strategy & IR Director          ian.gibson@moneysupermarket.com   / 07974 197742 
   William Clutterbuck, Maitland/AMO         wclutterbuck@maitland.co.uk  / 07785 292617 

Cautionary note regarding forward looking statements

This statement may include statements that are forward looking in nature. Forward looking statements involve known and unknown risks, assumptions, uncertainties and other factors which may cause the actual results, performance or achievements of the Group to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Except as required by the Listing Rules and applicable law, the Group undertakes no obligation to update, revise or change any forward-looking statements to reflect events or developments occurring after the date such statements are published. The information in this release is based on management information.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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August 12, 2021 02:28 ET (06:28 GMT)

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