Electric Word is going private in a deal worth £16.58m

In a RNS this morning Electric Word has announced that it has agreed to its sale to a newly incorporated company controlled by owned and controlled by Riccardo Silva and Marco Auletta of Silva International for a total sum of approximately £16.58m. Since disposals of other assets last year Electric Word’s sole business has been SportBusiness, a name which the business will now revert to.

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Electric Word sells Speechmark Publis to Informa

Press Release: The directors of Electric Word plc (the “Board”) are pleased to announce the sale of the trade and certain assets of the Company’s subsidiary, Speechmark Publishing Limited (“Speechmark”), to Informa UK Limited, trading as Taylor & Francis Group.

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Clarion to acquire iGaming Business from Electric Word

Electric Word plc today announces that it has conditionally agreed to sell its indirect 70 per cent. shareholding in iGaming Business Limited, to Clarion Events Limited, a global events business with a portfolio of event and media businesses across a range of vertical markets. The Sale values the whole of iGB on a cash free debt free basis at £19.7 million. The holder of the remaining iGB Shares, Michael Caselli, has also agreed to sell 5.1 per cent. of the issued iGB Shares and will retain the balance

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