ZPG PLC Approval for the acquisition of Money.co.uk (2878Q)
09 September 2017 - 2:14AM
UK Regulatory
TIDMZPG
RNS Number : 2878Q
ZPG PLC
08 September 2017
8 September 2017
ZPG Plc
("ZPG" or the "Company")
ZPG PLC RECEIVES FCA APPROVAL FOR THE ACQUISITION OF
MONEY.CO.UK
ZPG Plc (LSE:ZPG) ("ZPG") which owns and operates some of the
UK's most trusted property and household-related digital brands
including Zoopla, uSwitch, PrimeLocation and Hometrack, today
announces that it has received FCA approval for the acquisition of
Dot Zinc Limited ("Money.co.uk" or "Money"), which was the sole
condition of the acquisition. The acquisition is now scheduled to
complete on 1 October 2017, with ZPG incorporating the Money
results into its accounts from the same date.
ENDS-
For further information, please contact:
Lawrence Hall, Head of Communications - lawrence.hall@zpg.co.uk
/ 07890 078 945
Rachael Malcolm, Head of Investor Relations -
rachael.malcolm@zpg.co.uk / 020 38725 648
James Isola, Maitland 020 7379 5151
About ZPG Plc (www.zpg.co.uk)
ZPG Plc (LSE:ZPG) ("ZPG") owns and operates some of the UK's
most trusted property and household-related digital brands
including Zoopla, uSwitch, PrimeLocation and Hometrack.
We help empower smarter property and household decisions and our
multi-brand, multi-channel approach creates a unique and unrivalled
proposition with our websites and mobile apps attracting over 50
million visits per month and over 25,000 business partners using
our services.
Zoopla is the UK's most comprehensive property website, helping
consumers to research the market and find their next home by
combining hundreds of thousands of property listings with market
data and local information.
uSwitch is the UK's leading comparison website for home services
switching, helping consumers to find the best deal and save money
on their gas, electricity, broadband, TV, phone and other
products.
PrimeLocation is one of the UK's leading property websites,
helping house-hunters in the middle/upper tiers of the market find
their dream home from the top estate agents, letting agents and
property developers.
Hometrack is a leading automated valuation model (AVM) provider
in the UK and Australia, providing residential property market
insights to partners including mortgage lenders, developers,
investors and others.
ZPG is also the UK's leading provider of cloud-based software
and back office solutions for estate and letting agents across the
UK with a portfolio of brands including Alto, Jupix, Expert Agent,
Technicweb, Ravensworth, PropertyFile and MoveIT.
ZPG was founded in 2007 and has a highly experienced management
team, led by Founder & CEO, Alex Chesterman OBE.
About Money (www.money.co.uk)
Money was established in 2008 by serial entrepreneur Chris
Morling and is now one of the UK's leading financial services
comparison websites. Its mission is to help consumers make smarter
financial decisions by comparing thousands of deals from over 600
providers across more than 60 product categories including
mortgages, loans, credit cards, bank accounts and insurance.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
September 08, 2017 12:14 ET (16:14 GMT)
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