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:
Group Finance Director
Telephone: + 44 (0) 28 90 262098
Head of Press and PR
Telephone: + 44 (0) 28 90 262188
Powerscourt (Financial PR advisors)
Telephone: +44 (0)207 250 1446
Goodbody Corporate Finance:
Telephone: + 353 (0) 1 667 0420
Numis Securities Limited:
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.