Ascential PLC Money20/20 Europe deferral to September 2020 (4048H)
25 March 2020 - 1:00AM
UK Regulatory
TIDMASCL
RNS Number : 4048H
Ascential PLC
24 March 2020
24 March 2020
Ascential plc
Money20/20 Europe deferral to September 2020
Ascential plc (LSE: ASCL.L), the specialist information, data
and analytics company, after consultation with our major customers,
the Dutch government and city of Amsterdam, confirms that
Money20/20 Europe will take place in September, utilising the
contingency dates previously announced.
We are pleased to have the support of our major customers
regarding this decision. Contracted delegate passes and sponsorship
arrangements will be automatically transferred to the new dates.
Any additional costs that may be incurred as a result of the
postponement are not expected to be material. We will continue to
liaise with our customers in the intervening period to help them
plan for these revised dates, while monitoring the developing
situation around the Coronavirus outbreak and following World
Health Organisation (WHO) and national government guidelines.
Approximately 75% of Ascential's annual revenues are delivered
through robust digital subscriptions and platforms, advisory and
benchmark revenue streams. Approximately 25% of annual revenues are
derived from destination events income, mainly the Cannes Lions
festival (deferred from June to October) and Money20/20 events in
Las Vegas (also October) and Amsterdam.
For further information, please contact:
FTI Consulting LLP 020 3727 1000
Ed Bridges / Matt Dixon / Jamie Ricketts
Ascential is a specialist information, data and analytics
company that helps the world's most ambitious businesses win in the
digital economy. Our information, insights, connections, data and
digital tools solve customer problems in three principal
disciplines:
-- Product Design via global trend forecasting service WGSN;
-- Marketing via global benchmark for creative excellence and
effectiveness Cannes Lions and WARC, and strategic advisory firm
MediaLink; and
-- Sales via ecommerce-driven data, insights and advisory firm
Edge by Ascential and Yimian, leading managed services provider for
Amazon, Flywheel Digital, the world's premier payments and FinTech
congress Money20/20 and World Retail Congress and Retail Week.
Ascential also powers political, construction and environmental
intelligence brands DeHavilland, Glenigan and Groundsure - together
comprising the Built Environment and Policy segment.
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.
END
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