26th Jan 2011 16:15
26 January 2011
UBC Media Group plc
Holding in Company
UBC Media Group plc ("UBC" or the "Company") announces that today it has received notification from Hargreave Hale Limited that, following an acquisition of 825,000 ordinary shares in the Company on 25 January 2011, it holds a total of 9,825,000 ordinary share in UBC (with an equivalent number of voting rights) which represents approximately 5.5 per cent. of the issued ordinary share voting capital of the Company.
All of these shares held by Hargreave Hale Limited are held for a unit trust operated by Malborough Fund Managers Limited for whom Hargreave Hale Limited manages a portfolio of investments on a discretionary basis.
In addition the Company was notified today by Standard Life Investments Limited that, following a disposal of 17,923,898 ordinary shares in the Company on 24 and 25 January 2011 it no longer holds a notifiable interest in the Company.
-Ends-
Enquiries:
UBC Media Group | 020 7453 1600 |
Simon Cole, Chief Executive | |
John Falcon, Finance Director | |
Seymour Pierce | 020 7107 8000 |
Sarah Jacobs, Corporate Finance | |
David Banks, Corporate Broking |
Notes to Editors
About UBC Media Group
UBC is quoted on the London Stock Exchange's AIM market. UBC is a leading provider of digital content, software and mobile applications. The Group is the largest independent producer of radio programming for the BBC and a provider of entertainment programming to commercial radio stations throughout the UK. Its software division, Unique Interactive, is a global supplier of digital radio text and data services.
www.ubcmedia.com
Related Shares:
7DIG.L