REG - ITV PLC - Approval for acquisition of UTV Television <Origin Href="QuoteRef">ITV.L</Origin>
RNS Number : 5709PITV PLC19 February 201619th February 2016
On 19th October 2015, ITV plc announced that it had agreed to acquire 100% of UTV Ltd, which owns the television assets of UTV Media plc, for a total cash consideration of 100 million. This was subject to regulatory and UTV Media plc shareholder approval.
ITV plc today announces that Ministerial approval has been received and all other conditions to completion have now been satisfied. Completion is expected to take place on Monday 29th February 2016.
For further enquiries please contact:
Investor Relations
Pippa Foulds +44 20 7157 6555 or +44 7778 031097
Media Relations
Mary Fagan +44 20 7157 3965 or +44 7736 786448
Mike Large +44 20 7157 3021 or +44 7768 261528
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCEAPANFLFKEEF
Recent news on ITV
See all newsREG - ITV PLC - Holding(s) in Company
AnnouncementREG - ITV PLC - Directorate change
AnnouncementREG - ITV PLC - Total Voting Rights
AnnouncementREG - ITV PLC - Transfer of Treasury Shares
AnnouncementREG - ITV PLC - Response to Recent Speculation
Announcement