European Directories to divest revenue streams of business unit “secondary entries”

Herold Business Data GmbH, a European Directories Group company, entered into an agreement to divest its business unit “secondary entries” (a part of its print revenue stream with an initial impact on revenues in 2015 of approximately EUR 3.5m) to an SPV, owned by a consortium of investors led by Austrian based financial institution, Oberbank AG.

The divestment will generate capital gain in Q1 2015.

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For further information, please contact:

Germon Knoop

Group CFO

Tel  :  31 20 487 36 88
E-mail: ir@europeandirectories.com

European Directories Group is an online partner for SMEs offering local search and lead generation with a scalable business model. The European Directories Group operates through three main brands: Fonecta in Finland, Herold in Austria and DTG in the Netherlands. More information about the European Directories Group, including press releases and financial reports, can be found at www.europeandirectories.com. 

The information in this announcement is required to be disclosed by European Directories BondCo S.C.A. under the Swedish Securities Markets Act (Sw. lagen om värdepappersmarknaden). This information was released for publication at 15:00 CET on 13 February 2015.