STV Group plc confirms receipt of loan note

RNS Number : 3341P
STV Group PLC
23 October 2012
 



23 October 2012

 

STV Group plc confirms receipt of loan note

 

STV today announces that it has received payment of the deferred consideration loan note (£5.0m plus interest of £0.7m) arising from the sale of Primesight on 30 October 2007.  The receipt is in line with expectations and the funds will be used to reduce bank borrowings.

 

 

Enquiries:

 

STV Group Plc                                            

Rob Woodward, Chief Executive Officer

George Watt, Chief Financial Officer

Eleanor Marshall, PR & Comms Manager

0141 300 3670

College Hill

020 7457 2020

James Hogan

Jamie Ramsay

 


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