Mecom Group PLC (MEC.L)
|Market Cap (Mil.):||£174.43|
|Shares Outstanding (Mil.):||121.50|
* Belgium's De Persgroep to buy Mecom for about 196 mln stg
(Corrects designation in paragraph 4 to chairman, from CEO)
June 30 - European newspaper publisher Mecom Group Plc said it had reached an agreement to sell itself to Belgium-based media group De Persgroep NV for 196 million pounds ($333.5 million).
* Recommended cash offer for mecom group plc by De Persgroep publishing n.v.
* Shares rise as much as 6.4 pct in early trade (Adds details, share movement, background)
April 24 - European publishing company Mecom Group Plc said its first-quarter revenue fell due to a decline in advertising revenue in its largest markets - the Netherlands and Denmark.
* Group EBITDA in Q1 of 2014 was eur 5.2 million higher than in equivalent period in 2013
March 18 - Mecom Group PLC : * FY advertising revenues down 21 percent to 287.8 million euros * FY total revenue down 11 percent to 807.9 million euros * FY continuing group adjusted earnings per share of 30.1 euro cents (2012: 24.3 euro cents) * Says given continuing pressure on revenue and cash costs of restructuring, no resumption of dividends in respect of FY 2014 * FY adjusted EBITDA of 87.9 million euros (2012: 87.5 million euros) * FY circulation revenue down 4 per cent to
March 18 - Mecom Group PLC : * Signed facilities agreements for two new stand-alone banking facilities