M6 Group Has Completed the Sale of Mistergooddeal.com to Darty France

Regulatory News:

Further to the announcement of 18 December 2013, M6 Group (Paris:MMT) today confirms that it has completed the sale to Darty France of 100 per cent of the share capital of Mistergoodeal.com.

The sale price of €2 million will be received in two installments in June and December 2014. As at 31 December 2013, Mistergooddeal’s cash position was €5.2 million and equity €10.4 million. The transaction impact was fully recognized in the Group accounts at 31 December 2013.

Mistergooddeal.com is a leading French web site, predominantly selling white goods plus multimedia, furniture and leisure products. Formed in 2000, it now employs around 170 people and attracts 2 to 4 million unique visitors per month, offering over 10,000 products from a 22,000 sqm warehouse. For its last full financial year to 31 December 2013 Mistergooddeal's revenue was €121.2 million, EBITA €(5.3) million and gross assets €40.9 million.