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Pin to quick picksMotive Television Plc Share News (MTV)

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Motive Television To Appoint Administrators As It Reviews Options

Tue, 23rd Feb 2016 11:44

LONDON (Alliance News) - Motive Television PLC said it has been reviewing its options in order to minimise financial uncertainty surrounding the company, and in the meantime has filed a court notice of its intention to appoint administrators.

Whilst the company said it is continuing to explore its options, it has filed a notice of its intention to appoint Andrew Hosking, Carl Jackson and Simon Bonney of Quantuma LLP, as administrators to help assist its directors and to protect the interests of creditors.

The company's shares have been suspended since last Monday following the resignation of its nominated adviser Sanlam Securities UK Ltd.

Under AIM rules, a company must have a nominated adviser in order to be traded, and as such, if Motive Television fails to appoint a replacement nominated adviser within a month of Sanlam's resignation, admission of its shares to AIM will be cancelled.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.

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28 Jan 2014 09:55

Motive Television Signs Sales Agreement With Castalia Communications

LONDON (Alliance News) - Motive Television PLC said Tuesday its US subsidiary had signed a joint sales agreement with programming distributor Castalia Communications Corp. Under the agreement Castalia will market video-on-demand services to pay television operators and broadcasters using Mo

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21 Jan 2014 10:30

Motive Television Launches Content Express Platform

LONDON (Alliance News) - Motive Television PLC said Tuesday it had launched its new Content Express platform, which includes video services for digital terrestrial broadcasters. The platform incorporates video-on-demand, catch-up television, tablet television and targeted advertising servic

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16 Jan 2014 08:21

UK MORNING BRIEFING: Shares Down; Sports Direct Ups Interest In Debenhams

LONDON (Alliance News) - UK shares have opened mostly lower Thursday despite a strong lead from the US, as investors digest a rush of UK company announcements.

In another surprise from Mike Ashley, Sports Direct International said it has sold its 4.6% stake in Read more

14 Jan 2014 11:50

Motive Television Signs Agreement With EcoPro To Develop Hardware For Tablet Television In US

LONDON (Alliance News) - Motive Television PLC said Tuesday that it has signed an agreement with Korean company Ecopro ICT Inc. to develop and produce T-pod hardware devices for use in its Tablet Television product in the US. Ecopro will develop T-Pods, dongle-like devices to receive televi

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30 Dec 2013 09:09

Motive TV Signs Contract With Siyaya Free To Air Of South Africa

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6 Nov 2013 10:27

MotiveTV Signs Software License Deal With Spanish Set-Top Box Maker

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5 Nov 2013 10:58

Motive Television Subsidiary Signs Two Contracts With Digiturk

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7 Oct 2013 11:02

UK WINNERS & LOSERS: Burberry Trips After Chinese Slowdown, Suretrack Shares Jump

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7 Oct 2013 08:41

Motive Television Renews Contract With Mediaset

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26 Sep 2013 09:41

Motive Television Increases Revenues As It Gears Up For New Product Launches

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16 Sep 2013 07:48

Motive Television Signs Video-On-Demand Agreement With South Africa's Siyaya

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18 Jun 2013 08:41

Motive Television halves 2012 losses

Motive Television (MTV) halved its 2012 losses on the back of a strong performance of its digital business. The digital television technology, software and solutions provider posted a group loss of £1.2m for the year ended December 31st 2012, down from the previous year's £2.4m. The company reduc

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6 Jun 2013 10:28

Motive Television signs licensing with Freeview for Tablet TV

Motive Television (MTV) has signed a licensing agreement with Freeview for the launch of its Tablet TV technology in the UK. The technology will allow users in the UK to watch and record programmes directly onto their tablet computers without an internet connection. The deal will give MTV access t

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14 May 2013 09:06

Motive Television advances on UK tablet TV announcement

AIM-listed Motive Television has reported that it will develop its Tablet Television technology to enable Freeview users in Britain to watch and record television programmes directly onto tablets without the need to connect to the internet. With the company's app and an antenna-tuner containing

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19 Apr 2013 09:17

Motive Television wins US patent

Motive Television (MTV) has won a patent in the US for an embedded place-shifting system which allows the transfer of content from a set-top box to smartphones and tablets. The patent for the NXVision technology, which was integrated with BesTV technology during 2011, was originally filed in 2006 b

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