Approval for acquisition of UTV Television

19th February 2016

 

On 19^th 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