Gocompare.com Group plc GoCompare completes acquisition of MyVoucherCodes (4912B)
January 10 2018 - 5:03AM
UK Regulatory
TIDMGOCO
RNS Number : 4912B
Gocompare.com Group plc
10 January 2018
GoCompare.com Group plc
10 January 2018
GoCompare completes the acquisition of MyVoucherCodes
Further to the announcement on 19 December 2017, GoCompare.com
Group plc ("GoCompare" or "the Group") today announces that it has
completed the acquisition of The Global Voucher Group Limited,
which trades as MyVoucherCodes, and its subsidiaries(1) (together,
"MyVoucherCodes") from Monitise Limited for GBP36.5m in cash, on a
cash-free, debt-free basis (the "Acquisition").
The Group's next scheduled update will be its 2017 preliminary
results announcement on 28 February 2018.
(1) Comprising of Happiour Limited, Revivve Limited and Last
Second Ticketing Limited.
For further information:
Nick Wrighton Anders Nilsson
Chief Financial Officer, Head of PR,
GoCompare GoCompare
t: 01633 655 051 t: 01633 654 054
e: IR@gocompare.com e: anders.nilsson@gocompare.com
Chris Barrie / Jos Bieneman
/ Elizabeth Kittle
Citigate Dewe Rogerson
t: 0207 638 9571
e: gocompare@citigatedr.co.uk
About GoCompare.com Group plc (www.gocomparegroup.com)
GoCompare.com Group plc (GOCO) operates a leading UK comparison
website, www.gocompare.com, which attracts approximately five
million visits every month and is designed to help people save time
and money.
When GoCompare launched in 2006 it disrupted the insurance
market as the first comparison website to display policy details
rather than just listing prices. GoCompare's goal was then, and
still is now, to help people make better-informed buying decisions
that save them time and money.
The Group uses data gathered from more than 20 million customers
over the last 11 years to underpin its drive to continually improve
its proposition and leverage its strong position.
GoCompare.com Group plc is an investor in Souqalmal.com, the
leading comparison business in the Middle East; and in promising
fintech start up MortgageGym, the mortgage robo-adviser.
About MyVoucherCodes (www.myvouchercodes.co.uk)
The Global Voucher Group Limited (trading as MyVoucherCodes) is
a digital media and affiliate marketing specialist that connects
consumers with money saving offers from the world's leading
brands.
MyVoucherCodes.co.uk is one of the UK's biggest discount voucher
websites. It launched in November 2006 and provides sales, discount
and voucher code information to millions of consumers across the UK
every month.
Each week, MyVoucherCodes send a variety of emails with the best
selection of deals, vouchers and offers across fashion,
restaurants, electronics, travel, beauty and more to its eight
million email subscribers.
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQFKKDKDBKDDDD
(END) Dow Jones Newswires
January 10, 2018 06:03 ET (11:03 GMT)
Goco (LSE:GOCO)
Historical Stock Chart
From Apr 2024 to May 2024
Goco (LSE:GOCO)
Historical Stock Chart
From May 2023 to May 2024