Business
Completion of Virgin Radio Di
Completion of Virgin Radio Di.
About this update from Stv Group Plc
[{"type":"text","content":"\n RNS Number : 9219X SMG PLC 30 June 2008 \n \n\nCompletion of Virgin Radio Disposal \n\nFurther to an announcement made on 30 May, SMG plc today confirms the completion of the sale of Virgin Radio to TIML. As also previously announced the Board intends to return approximately £30million to shareholders. Details of the proposed return of cash to shareholders will be announced in a circular, which will be sent to shareholders immediately following the announcement of the Group's Interim Results on 28 August, with an EGM expected in mid September.\n\nFurther enquiries:\n\nSMG PLC +44 20 7882 1199 Rob Woodward, Group Chief Executive \nGeorge Watt, Chief Financial OfficerKirstin Elsby, PR Manager\n\n\nBrunswick Group LLP +44 20 7404 5959 \nJames Hogan Simon Sporborg Ash Spiegelberg \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END DISFKKKBPBKDBAN \n ","length":2447,"tagName":"div"}]