RNS Number : 5887C
Future PLC
17 April 2013
 



 

17 April 2013

 

Future plc

 

Completion of Sale of Classic Rock & Metal Hammer

 

Future plc (LSE: FUTR), the international media group and leading digital publisher, today announces the completion of the sale of its UK rock titles Classic Rock, Metal Hammer and associated brand extensions to Team Rock Limited for a gross consideration of £10.2m, satisfied in cash.

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Enquiries

Future plc
Mark Wood, Chief Executive                                                       Tel: 020 7042 4007
Graham Harding, Chief Financial Officer                                       Tel: 01225 788101

Chris Taylor, Director of Communications                                     Tel: 020 7042 4033/07980 221942

Brunswick Group
Jon Coles / Andy Rivett-Carnac                                                   Tel: 020 7404 5959

Numis Securities, Financial Adviser and Broker

Lorna Tilbian / Nick Westlake / Mark Lander                                 Tel: 020 7260 1345

 

TeamRock Ltd

Billy Anderson, Chief Executive                                                    Tel: 07813 061 577

About Future plc:

·      Future plc is an international media group and leading digital publisher, listed on the London Stock Exchange (symbol: FUTR). 

·      We have operations in the UK, US and Australia creating 200 publications, apps, websites and events. 

·      We hold market-leading positions in Technology, Entertainment, Guitar, Creative and Sport & Auto sectors. 

·      We attract more than 50 million monthly global unique users to our websites, which include techradar.com, gamesradar.com, bikeradar.com and musicradar.com.

·      Future sells more than 24 million magazines every year, that's 45 magazines sold every minute. Our most well-known brands include T3, Cycling Plus, Total Film and Official Xbox Magazine

·      We deliver over 100 digital editions, selling over three million products powered by our own app creation software, FutureFolio.  

·      Future exports or syndicates over 200 publications to over 90 countries, making us the UK's number one exporter and licensor of magazine content.

·    Future is currently Consumer Digital Publisher of the Year for both the Association of Online Publishers and the Professional Publishers Association.

 

 

 

 


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