ASCL Ascential Plc

TIDMASCL

RNS Number : 2430O

Ascential PLC

29 September 2023

29 September 2023

Ascential PLC

Statement re: Media Speculation

Ascential notes recent press speculation in relation to the sale process for WGSN. As stated in the interim results announcement on 22 September, the Board's strategic actions to maximise shareholder value and position each business within the portfolio for long-term success are well advanced and a market update is expected before the end of the year.

The Board confirms that it is in exclusive discussions with Apax in relation to the sale of WGSN. There can be no certainty that any binding transaction will be entered into. A further announcement will be made in due course as appropriate.

 
 
Media enquiries 
 Matt Dixon 
 Jamie Ricketts 
 Edward Bridges     FTI Consulting LLP     +44 (0)20 3727 1000 
 

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END

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(END) Dow Jones Newswires

September 29, 2023 12:11 ET (16:11 GMT)

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