Trinity Mirror plc
4 September 2013
Trinity Mirror announces sale of Trinity Mirror Digital Property
Trinity Mirror confirms that it has sold Trinity Mirror Digital Property Limited ("TMDP"), the owner of SmartNewHomes.co.uk, Email4Property.co.uk, HomesOverseas.co.uk and Zoomf.com to Zoopla Property Group Limited (ZPG) for £3.3 million.
The sale of TMDP has no impact on the Group's strategy for growing its digital revenues.
TMDP, a stand-alone subsidiary of Trinity Mirror, had revenues of £2.9 million and made an operating profit of £0.5 million for the 52 weeks ended 30 December 2012.
Simon Fox, Chief Executive 020 7293 3553
Vijay Vaghela, Group Finance Director 020 7293 3553
Mike Smith, Partner 020 7404 5959
Nick Cosgrove, Director 020 7404 5959