22nd Mar 2006 14:35
VTR PLC22 March 2006 VTR plc Statement re Proposed Strategic Investment The Board today announces that it is in discussions with Prime Focus Limited("PFL"), one of India's largest post production houses, that might lead to aninvestment of approximately £4.5 million being made by PFL in the Company ataround 35 pence per share, which would give PFL a shareholding of approximately55 per cent. of the enlarged issued share capital of VTR (the "Proposal"). TheProposal would be subject to, inter alia, the approval of the Company'sshareholders at an extraordinary general meeting. The Board will advise shareholders of further developments, together with thebackground to these discussions, in due course. 22 March 2006 Enquiries: Paul TraceyManaging Director Peter Samengo-TurnerGroup Finance Director VTR plc020 7437 0026 Philip DaviesCharles Stanley Securities020 7953 2457 Lawrence DoreMantra Public Relations020 7907 7800 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
PFO.L