06 February 2007
ITV announces sale of shareholding in Liverpool Football Club
ITV plc today announces that it has given an irrevocable undertaking to sell its
9.99% shareholding in The Liverpool Football Club and Athletic Grounds Plc at a
price of £5,000 per share.
This would result in cash proceeds of £17.4 million in the event that the Offer
for the Club, announced today, becomes unconditional.
The sale represents a further example of ITV's successful disposal programme of
non-core assets which is now approaching £500 million since the merger creating
ITV plc in 2004.
For press enquiries please contact:
Tel: 020 7843 8000
Brigitte Trafford - Communications Director
Jim Godfrey - Head of Corporate Affairs
James Tibbitts - Company Secretary
Georgina Blackburn - Head of Investor Relations
Citigate Dewe Rogerson
Tel: 020 7638 9571
Website: www.itv.com; investor information: www.itvplc.com
This information is provided by RNS
The company news service from the London Stock Exchange