STV Group plc confirms receipt of loan note

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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