18th Dec 2007 15:01
18 December 2007 UTV Media plc Result of Share Placing
Further to the announcement made earlier today regarding the placing of ordinary shares in UTV Media plc ("UTV", "UTV Media" or the "Group"), Goodbody Stockbrokers and Numis Securities Limited confirm that 2,740,000 ordinary shares in UTV Media (the "Placing Shares") have been placed at a price of 200p per ordinary share, raising gross proceeds of ‚£5.48 million for the Group.
Application will be made for the Placing Shares to be admitted to trading on the main market of the London Stock Exchange and on the Irish Stock Exchange. The Placing Shares will rank pari passu in all respects with the existing ordinary shares of the Group.
For further information contact:
UTV Media plc:Paul O'BrienGroup Finance Director
Telephone: + 44 (0) 28 90 262098
Orla McKibbin
Head of Press and PR
Telephone: + 44 (0) 28 90 262188
Powerscourt (Financial PR advisors)
Rory GodsonPaul DurmanSarah Daly
Telephone: +44 (0)207 250 1446
Goodbody Corporate Finance:
Kevin Keating
Telephone: + 353 (0) 1 667 0420
Numis Securities Limited:Jag MundiChristopher Wilkinson
Telephone: +44 (0) 207 260 1000
Goodbody Corporate Finance and Goodbody Stockbrokers which are regulated in Ireland by the Financial Regulator, are acting exclusively as financial adviser and corporate broker respectively for UTV and no one else in connection with the Acquisition and will not be responsible to anyone other than UTV for providing the protections afforded to their clients or for providing advice in relation to the Acquisition or in relation to the contents of this announcement, or for any other transaction, arrangement or matters referred to in this announcement.
Numis Securities Limited, which is authorised and regulated by the Financial Services Authority, is acting as corporate broker for UTV and for no-one else in connection with the matters referred to in this announcement and will not be responsible to anyone other than UTV for providing the protections afforded to customers of Numis Securities Limited nor for giving advice in relation to the matters referred to in this announcement.
UTV MEDIA PLCRelated Shares:
WLG.L