Business
Disposal of W.D.I.S. Limited
Disposal of W.D.I.S. Limited.
About this update from Wilmington Plc
[{"type":"text","content":"\n Wilmington Group Plc\n14 May 2007\n\n\n\n Wilmington Group plc \n \n Disposal of W.D.I.S. Limited \n \n\nThe board of Wilmington Group plc ('Wilmington'), the professional information\nand training group, is pleased to announce that Wilmington has completed the\nsale of the entire issued share capital of W.D.I.S Limited ('WDIS'), which\nprovides circulation management, subscription handling and processing, digital\nissue production and warehousing services to the publishing industry, to Optima\nData Intelligence Services Limited ('Optima') for a cash consideration of up to\n£1.0 million depending on the net assets of WDIS as at completion.\n\nWilmington chief executive, Charles Brady, commented:\n\n'The sale is in line with Wilmington's strategy of concentrating on its core\nmarkets and will provide an excellent opportunity for WDIS to be further\ndeveloped by Optima. We will continue to be clients of WDIS and look forward to\nseeing its progression as a publishing services specialist.'\n\n \n\nFor further information, please contact:\n\nWilmington Group plc 020 7422 6800\n\nCharles Brady, Chief Executive\n\nBasil Brookes, Finance Director\n\n\nNote to Editors\n\nWilmington Group plc is one of the UK's leading providers of information and\ntraining for professional business markets. Wilmington provides training,\narranges industry events and publishes magazines, directories, databases, and\nspecial reports focused primarily on its principal sectors of Legal &\nRegulatory, Healthcare, Media and Entertainment and Design and Construction.\nCapitalised at approximately £198 million, Wilmington floated on the London\nStock Exchange in 1995 (www.wilmington.co.uk).\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":2062,"tagName":"div"}]