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REACH PLC

M&A Activity Jun 20, 2018

4619_rns_2018-06-20_007823b1-6ac8-45c9-8619-a849b159be49.html

M&A Activity

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National Storage Mechanism | Additional information

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RNS Number : 0277S

Reach PLC

20 June 2018

20 June 2018

Reach plc (the "Company")

Further statement re merger investigation

The Board welcomes today's announcement by the Secretary of State for Digital, Culture, Media and Sport that the merger investigation, including the public interest considerations relating to the Company's acquisition of certain of Northern & Shell's UK publishing assets (the "Acquisition") does not require further investigation by the CMA.

This completes the regulatory review process in the UK in relation to the Acquisition.

Simon Fox commented: "We welcome today's decision by the Secretary of State. Today we are two successful separate news organisations, but together we will be stronger and better able to compete and adapt to the challenging conditions in which we operate."

Enquiries

Reach
Simon Fox, Chief Executive

Vijay Vaghela, Group Finance Director and Company Secretary
020 7293 3553
Brunswick
Nick Cosgrove, Partner 020 7404 5959
Will Medvei, Director

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 [email protected] or visit www.rns.com.

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