DAILY MAIL & GENERAL TRUST PLC - Disposal of OilCareers
PR Newswire
London, March 19
19 March 2014 Daily Mail and General Trust plc (`DMGT') Disposal of OilCareers Evenbase, dmg media's digital recruitment business, has disposed of the specialist recruitment job board, OilCareers, to Dice Holdings, Inc. for US$26 million. Kevin Beatty, CEO of dmg media, said: "OilCareers has grown successfully since Evenbase acquired the business in 2008, achieving US$8 million of revenue in the year to September 2013. OilCareers and Dice Holdings' Rigzone, a market leader in delivering online content, data, advertising and career services in the oil and gas industry, are complementary businesses and the strategic fit will better position OilCareers for further growth." For further information For analyst and institutional enquiries: Stephen Daintith, Finance Director +44 20 3615 2902 Adam Webster, Head of Management Information and Investor Relations +44 20 3615 2903 For media enquiries: Kim Fletcher / Charlie Potter, Brunswick Group +44 20 7404 5959 About DMGT DMGT is an international business built on entrepreneurship and innovation. We bring together leading companies and talented people to provide businesses and consumers with high-quality analysis & insight, information, news and entertainment. Daily Mail and General Trust plc Northcliffe House, 2 Derry Street, London, W8 5TT www.dmgt.com
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