Half Year Results Notification

RNS Number : 1946I

Zegona Communications PLC

26 August 2016

 

ZEGONA COMMUNICATIONS PLC ("Zegona")

Half Year Results Notification

26 August 2016

Zegona, the LSE Main Market company established to acquire and operate businesses in the European Telecommunications, Media and Technology (''TMT'') sector, will announce half year results for the six months ended 30 June 2016 on Wednesday 7 September 2016. 

There will be an analyst and investor conference call on that day at 13:30 BST.  To register for this call, please email [e-mail] 

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For further information:

Matt Ridsdale / Lulu Bridges / Mike Bartlett

Tavistock

Tel:  [phone]

Notes to Editors:

About Zegona

Zegona was established with the objective of acquiring businesses in the European Telecommunications, Media and Technology ("TMT") sector with a 'Buy-Fix-Sell' strategy to deliver attractive shareholder returns.  Zegona is listed on the London Stock Exchange's Main Market and is led by former Virgin Media executives Eamonn O'Hare and Robert Samuelson. 

Zegona's first acquisition was the €640 million purchase of Telecable, the leading quad play cable telecommunications operator in the Asturias region of Spain, which completed in August 2015.  Zegona believes Telecable represents a compelling investment because of its market leading position in Asturias and strong cash generation, coupled with attractive dynamics in the Spanish telecoms market and Spanish economy.  In 2015, Telecable delivered revenues of €134.4 million, EBITDA of €65.0 million and Cash Flow of €36.1 million.

 

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