TIDMDFS

RNS Number : 1033Y

DFS Furniture plc

01 December 2017

1 December 2017

DFS Furniture plc ("DFS" or the "Group")

Acquisition of Sofology

Further to the announcements on 3 August 2017 and 20 November 2017, DFS confirms the legal completion of the acquisition of Sofology Limited ("Sofology") for an initial debt-free, cash-free enterprise value of GBP25m. Any further consideration payable, as referred to in the announcement on 3 August 2017, will be calculated based upon the 12 months ending 30 September 2018.

 
 DFS (enquiries via FTI)    FTI Consulting 
 Ian Filby (CEO)            Jonathon Brill 
 Nicola Bancroft (CFO)      Georgina Goodhew 
 Mike Schmidt (Director     Eleanor Purdon 
  of Corporate Finance) 
                            +44 (0) 20 3727 1000 
                            dfsfurniture@fticonsulting.com

This information is provided by RNS

The company news service from the London Stock Exchange

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December 01, 2017 02:01 ET (07:01 GMT)

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