Stv Group PlcLSE: STVG

STV Group plc confirms receipt of loan note

· Issued by Stv Group Plc
RNS Number : 3341P
STV Group PLC
23 October 2012
 

23 October 2012

STV Group plc confirms receipt of loan note

STV today announces that it has received payment of the deferred consideration loan note (£5.0m plus interest of £0.7m) arising from the sale of Primesight on 30 October 2007.  The receipt is in line with expectations and the funds will be used to reduce bank borrowings.

Enquiries:

STV Group Plc                                            

Rob Woodward, Chief Executive Officer

George Watt, Chief Financial Officer

Eleanor Marshall, PR & Comms Manager

0141 300 3670

College Hill

020 7457 2020

James Hogan

Jamie Ramsay


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The company news service from the London Stock Exchange
 
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