ACQUISITION BY TRUST - PSP AWARDS
Announcement to the London Stock Exchange
Notification of Interests: Companies Act 1985, Section 329
The following dealings by the Employee Benefit Trust established by the Company
The Trust is a discretionary trust for the benefit of employees of UTV plc and
The executive directors of UTV plc, namely J McCann, P O'Brien, J R Downey,
S Taunton are included as potential beneficiaries under the Trust and are
deemed to be interested in those shares and the dealings thereof for the
purposes of Section 324 of the Companies Act 1985.
The Trust, registered in the name of UTV Employer Benefit Trust A/c No.
1019004, acquired a total of 100,000 ordinary shares of 5 pence on 28 September
2007 representing 0.18% of the issue share capital, to hedge the liability of
awards made under the Company's long term incentive plans. This transaction was
notified to the Company on 1 October 2007. The total holding of the Trust
following this transaction is 200,000 ordinary shares being 0.36% of the issued
share capital. The shares were acquired on the London Stock Exchange.
Name of contact and telephone number for queries: M Goodwin: 02890 262099
For and on behalf of UTV plc
1 October 2007