NATIONAL WORLD PLC — M&A Activity 2019

Dec 2, 2019

National Storage Mechanism | Additional information

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RNS Number : 3675V

National World PLC

02 December 2019

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLYOR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO  SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

National World plc

("National World," or the "Company")

Response to recent speculation

The Company listed on the Main Market to create a modern platform for news publishing by implementing a new operating model using the latest technology. Its strategy will involve consolidation and change by combining digital technology innovation and traditional print assets to grow revenues by aggregation of audiences and reduce costs via shared services.

The Company confirms it is contemplating several acquisitions and has approached JPI following speculation that the sale process for the regional titles had not completed. There is no certainty that any transaction will proceed. A further announcement will be made as appropriate in due course.

Consequently, the Company has requested a suspension of listing of its ordinary shares pending either the publication of a prospectus prepared in accordance with the prospectus regulation rules of the UK Financial Conduct Authority made under section 73A of FSMA and approved by the FCA, as competent authority under Regulation (EU) 2017/1129 under section 87A of FSMA, or the announcement of the termination of discussions.

This announcement contains inside information for the purposes of the Market Abuse Regulation (EU) NO. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain. The person responsible for arranging for the release of this announcement on behalf of National World is Vijay Vaghela, Chief Operating Officer.

- Ends -

For further information please contact:

National World plc David Montgomery Vijay Vaghela	+44 (0)20 7583 8304
Dowgate Capital Limited - Financial Advisers and Brokers James Serjeant	+44 (0)20 3903 7715
Alvarium MB (UK) Limited - Financial Advisers Zeph Sequeria	+44(0)207 195 1400
Stanhope Capital LLP - Financial Advisers Nigel Spray Rakesh Sharma Emmanuel Daïen	+44 (0)20 7725 1800
Montfort Communications - Financial PR & IR Nick Miles Olly Scott	+44 (0)78 1234 5205

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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