Perform Group de-lists from the London Stock Exchange

Sports data and media rights operator Perform Group today formally announced the delisting of its shares from the London Stock Exchange, following the acquisition of a majority shareholding by Access Industries. Access Industries has confirmed that it now holds, or has been offered, a total of 87% of Perform Group shares.

Perform Group will continue to execute its growth strategy through increasing its international presence, further strengthening its content and rights portfolio, and developing and launching new products and services to meet the demands of its evolving sports media marketplace.

Since reporting half-year results on 29th August, Perform Group has traded in line with expectations and remains in a strong financial position. For the full year, Perform Group remains on track to achieve revenue and adjusted EBITDA in line with the Board’s expectations.

Simon Denyer, Joint-CEO, Perform Group, commented: “For Perform Group and our staff and business partners it is business as usual and now that we have certainty in place around the ownership of the company we look forward to progressing with a number of plans to expand further into new areas th

Lincoln Benet, CEO of Access Industries, added: “Access Industries has been a supporter of Perform Group from the start and we continue to be excited by the company’s future potential. We look forward to working with the Perform Group management as the company delivers its growth strategy.”