Ascential PLC (LSE:ASCL)

£ 3.67 0.14 (3.97%) Market Cap: 739.26 Mil Enterprise Value: 1.12 Bil PE Ratio: 0 PB Ratio: 1.73 GF Score: 62/100

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Ascential PLC Proposed sale of Digital Commerce and WGSN Transcript

Oct 30, 2023 / 09:30AM GMT

Release Date Price: £4.51 (+22.91%)

Transcript

Scott Edward Forbes

Ascential plc - Independent & Non-Executive Chairman of the Board

Good morning, everyone. Thank you for joining us for this presentation on the conclusion of our strategic actions and what represents a very significant moment for our company.

Before we start, please familiarize yourselves with this important disclaimer. I'd like to direct you to an option on the webcast link that will allow you to submit questions by text as we move along. We will answer questions at the end of the presentation. Please include your name and company name in the text. You will also have the opportunity to ask questions over the phone line at the end of the presentation.

Looking at our agenda, you will see that we start with an overview of the transactions. Next, Duncan will review the proposed sales of Digital Commerce and WGSN and proposed returns to shareholders in more detail. Phil Thomas will describe the shape of Ascential's continuing events business. Mandy will discuss trading, current trading and I will return to cover next steps and expected timeline for the process.

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