DGM India Disposal Completion

RNS Number : 9439G
Asia Digital Holdings PLC
04 July 2012
 



 

 Press Release

                                                 4 July 2012

 

 

Asia Digital Holdings plc

("Asia Digital", "ADH" or "the Group")

 

Completion of the disposal of DGM Internet Marketing Private Limited ("DGM India")

 

 

Further to the announcement on 13 June 2012, Asia Digital Holdings plc (AIM:ADH), an independent online marketing group, announces that the disposal of DGM India to Tyroo Media Private Limited and to Inflection Digital Holdings Private Limited, has now been completed.

On completion, the final gross consideration payment due to ADH was Rupees 7,875,000, (approximately GBP 90,928).

Actual cash paid to ADH, after Indian taxes, was Rupees 6,253,021.32 (approximately GBP 71,292.00)

- End -

 

For further information, please contact:

Asia Digital Holdings plc

 

Adrian Moss, Chief Executive

  Adrian.moss@adhplc.asia

www.adhplc.asia

 

 

Northland Capital Partners


Gavin Burnell / Rod Venables

Tel:  +44 (0) 20 7796 8800

Katie Shelton (Corporate Broking)


 

Abchurch Communications


Joanne Shears/Oliver Baxendale      

Tel: +44 (0) 20 7398 7720


www.abchurch-group.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUGUWCMUPPGAC
UK 100

Latest directors dealings