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Share Price:
236.00
Bid:
229.00
Ask:
235.00
Change:
-4.00 (-1.67%)
Spread:
6.00 (2.62%)
Open:
234.00
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236.00
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Prev. Close:
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Don't have an account? Click here to register.ITV starts legal proceedings against STV
Wed, 23rd Sep 2009 14:53
STV has received a formal notice of legal proceedings from ITV, which said yesterday it would take action against the Scottish broadcaster.ITV is trying to recover gross debt of £38m it says was accumulated as a result of 'STV not honouring its contractual contributions towards the Network Programme Budget.''This £15m net claim is completely without merit and will be robustly defended,' STV said today.On Tuesday, STV revealed the two groups have been in discussions for months on numerous matters, of which this is just one. Then, it said it will 'vigorously defend its position', especially its rights as the licence holder to control its schedule and opt-out of programming.ITV is currently withholding monies from STV against this debt and believes net debt is approximately £15m to £20m. 'STV is attempting retrospectively to opt out of an increasing number of peaktime programmes which contravenes existing agreements. The company is also wrongly attempting to claim a rebate against programmes which have been 'written off,' said ITV. STV said this is one of a number of issues between it and ITV. It counter alleges there is a claim against ITV relating to revenues which STV should have received under its Advertising Sales Agreement. 'Since early 2008 ITV has prevented STV's independent auditor, Deloitte, from carrying out a full review of all revenue related contracts which STV has the right to do,' said STV. 'However, on the 5% of revenues which Deloitte has been able to review, a potential shortfall of approximately £2 million (covering only 30 months of a six year period) was identified. STV will be pursuing this and further claims,' it added.
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11 Apr 2024 15:09
UK dividends calendar - next 7 days
| Friday 12 April | |
| abrdn UK Smaller Cos Growth Trust PLC | dividend payment date |
| Alpha Real Trust Ltd | dividend payment date |
| Chemring Group PLC | dividend payment date |
| Duke Capital Ltd | dividend payment date |
| Galliford Try Holdings PLC | dividend payment date |
| Goodwin PLC | dividend payment date |
| Gore Street Energy Storage Fund PLC | dividend payment date |
| Idox PLC | dividend payment date |
| Lancashire Holdings Ltd | special dividend payment date |
| Land Securities Group PLC | dividend payment date |
| LPA Group PLC | dividend payment date |
| Tristel PLC | dividend payment date |
| Monday 15 April | |
| Craneware PLC | |
| Wheaton Precious Metals Corp | |
| Tuesday 16 April | |
| Brooks Macdonald Group PLC | dividend payment date |
| JPMorgan Global Growth & Income PLC | dividend payment date |
| Personal Assets Trust PLC | dividend payment date |
| Wednesday 17 April | |
| CRH PLC | dividend payment date |
| Diageo PLC | dividend payment date |
| Ithaca Energy PLC | dividend payment date |
| Thursday 18 April | |
| Airea PLC | ex-dividend payment date |
| Antofagasta PLC | ex-dividend payment date |
| Arbuthnot Banking Group PLC | ex-dividend payment date |
| BAE Systems PLC | ex-dividend payment date |
| Baillie Gifford Shin Nippon PLC | ex-dividend payment date |
| Bridgepoint Group PLC | ex-dividend payment date |
| Capital Ltd | ex-dividend payment date |
| Costain Group PLC | ex-dividend payment date |
| Croda International PLC | ex-dividend payment date |
| DFS Furniture PLC | ex-dividend payment date |
| Dowlais Group PLC | ex-dividend payment date |
| Drax Group PLC | ex-dividend payment date |
| Fresnillo PLC | ex-dividend payment date |
| hVIVO PLC | ex-dividend payment date |
| Invesco Bond Income Plus Ltd | ex-dividend payment date |
| JPMorgan American Investment Trust PLC | ex-dividend payment date |
| JPMorgan China Growth & Income PLC | ex-dividend payment date |
| JPMorgan UK Smaller Cos Investment Trust PLC | ex-dividend payment date |
| Jupiter Fund Management PLC | ex-dividend payment date |
| Kier Group PLC | ex-dividend payment date |
| London Stock Exchange Group PLC | ex-dividend payment date |
| M Winkworth PLC | ex-dividend payment date |
| Maven Income & Growth VCT 4 PLC | ex-dividend payment date |
| Merchants Trust PLC | ex-dividend payment date |
| Montanaro UK Smaller Cos Investments Trust PLC | ex-dividend payment date |
| Nippon Active Value Fund PLC | ex-dividend payment date |
| Old Mutual Ltd | ex-dividend payment date |
| Quilter PLC | ex-dividend payment date |
| Rathbones Group PLC | ex-dividend payment date |
| Redcentric PLC | dividend payment date |
| Rio Tinto PLC | dividend payment date |
| Rotork PLC | ex-dividend payment date |
| Serco Group PLC | ex-dividend payment date |
| STV Group PLC | ex-dividend payment date |
| Thungela Resources Ltd | ex-dividend payment date |
| Uniphar PLC | ex-dividend payment date |
| Unite Group PLC | ex-dividend payment date |
| Vanquis Banking Group PLC | ex-dividend payment date |
| Vesuvius PLC | ex-dividend payment date |
| Weir Group PLC | ex-dividend payment date |
| Comments and questions to newsroom@alliancenews.com | |
| A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional. | |
| Copyright 2024 Alliance News Ltd. All Rights Reserved. | |
4 Apr 2024 10:11
Vistry appoints new senior independent director, joining after AGM
(Alliance News) - Vistry Group PLC on Thursday appointed UK Met Office Chair Rob Woodward as new senior independent director, which will take effect from the close of Vistry's annual general meeting.
Read more2 Apr 2024 15:55
STV shares rise as quiz show format Bridge of Lies to come to US
(Alliance News) - STV Group PLC on Tuesday announced that its quiz show format Bridge of Lies will come to the US in June under the local title "Beat the Bridge".
Read more22 Mar 2024 09:51
SMALL-CAP WINNERS & LOSERS: James Fisher rises as sells RMSpumptools
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.
Read more21 Mar 2024 12:24
STV extends Scottish licenses to 2034 in agreement with UK regulator
(Alliance News) - STV Group PLC on Thursday confirmed the renewal of its Channel 3 licences for the north and central regions of Scotland.
Read more15 Mar 2024 12:11
LONDON MARKET MIDDAY: FTSE 100 underperforms despite mining, oil boost
(Alliance News) - London's FTSE 100 overcame a muted morning to head into Friday afternoon on the up, though its progress was shy of the loftier gains seen by mainland European peers, as investors showed some signs of trepidation ahead of a pair of interest rate decisions next week.
Read more15 Mar 2024 10:21
Netflix commissions STV to produce new drama series The Witness
(Alliance News) - STV Group PLC on Friday said that it has been commissioned for the first time by a global video streaming service to produce a new three-part drama series.
Read more15 Mar 2024 10:04
SMALL-CAP WINNERS & LOSERS: STV up on Netflix commissioning
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.
Read more14 Mar 2024 09:08
STV journalists to take strike action in ongoing pay row, union says
(Alliance News) - A broadcaster has been told to "wake up and listen to its staff" by a union, as its journalists prepare for strike action in an ongoing pay dispute.
Read more5 Mar 2024 17:09
EARNINGS AND TRADING: Harland & Wolff wins major Falklands contract
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more5 Mar 2024 13:58
IN BRIEF: STV Group CEO Simon Pitts plans to step down
STV Group PLC - Glasgow-based television broadcaster and content producer - Chief Executive Officer Simon Pitts says he will step down over the next twelve month to take up a new role beginning in the first quarter of 2025. "Until his departure Simon will remain focused on the delivery of the company's strategy and targets and on ensuring the effective transition of his responsibilities," STV says.
Read more27 Feb 2024 15:45
UK earnings, trading statements calendar - next 7 days
| Wednesday 28 February | |
| AB Dynamics PLC | Trading Statement |
| ASA International Group PLC | Trading Statement |
| Aston Martin Lagonda Global Holdings PLC | Full Year Results |
| Avingtrans PLC | Half Year Results |
| Bluefield Solar Income Fund Ltd | Half Year Results |
| Derwent London PLC | Full Year Results |
| Glenveagh Properties PLC | Full Year Results |
| Grit Real Estate Income Group Ltd | Half Year Results |
| Harmony Energy Income Trust PLC | Full Year Results |
| Hutchmed China Ltd | Full Year Results |
| International Personal Finance PLC | Full Year Results |
| Just Eat Takeaway.com NV | Full Year Results |
| Malin Corp PLC | Full Year Results |
| Primary Health Properties PLC | Full Year Results |
| Reckitt Benckiser Group PLC | Full Year Results |
| Renewables Infrastructure Group Ltd | Full Year Results |
| RHI Magnesita NV | Full Year Results |
| St James's Place PLC | Full Year Results |
| Taylor Wimpey PLC | Full Year Results |
| Thursday 29 February | |
| Cairn Homes PLC | Full Year Results |
| CVS Group PLC | Full Year Results |
| Drax Group PLC | Full Year Results |
| Faron Pharmaceuticals Ltd | Full Year Results |
| Haleon PLC | Full Year Results |
| Hammerson PLC | Full Year Results |
| Howden Joinery Group PLC | Full Year Results |
| Hunting PLC | Full Year Results |
| International Biotechnology Trust PLC | Full Year Results |
| International Consolidated Airlines Group SA | Full Year Results |
| London Stock Exchange Group PLC | Full Year Results |
| Macfarlane Group PLC | Full Year Results |
| Man Group PLC | Full Year Results |
| Mobico Group PLC | Full Year Results |
| Nexus Infrastructure PLC | Full Year Results |
| Ocado Group PLC | Full Year Results |
| PPHE Hotel Group Ltd | Full Year Results |
| Schroder Oriental Income Fund Ltd | Full Year Results |
| Schroders PLC | Full Year Results |
| Serco Group PLC | Full Year Results |
| Shaftesbury Capital PLC | Full Year Results |
| Spectris PLC | Full Year Results |
| Spire Healthcare Group PLC | Full Year Results |
| Vesuvius PLC | Full Year Results |
| Weir Group PLC | Full Year Results |
| Friday 1 March | |
| IMI PLC | Full Year Results |
| Pearson PLC | Full Year Results |
| Rightmove PLC | Full Year Results |
| Tritax Big Box REIT PLC | Full Year Results |
| Monday 4 March | |
| Clarkson PLC | Full Year Results |
| Craneware PLC | Half Year Results |
| GlobalData PLC | Full Year Results |
| Quartix Technologies PLC | Full Year Results |
| Tuesday 5 March | |
| Ashtead Group PLC | Q3 Results |
| Bakkavor Group PLC | Full Year Results |
| Beeks Financial Cloud Group PLC | Half Year Results |
| Blackbird PLC | Full Year Results |
| Dotdigital Group PLC | Half Year Results |
| Ferguson PLC | Half Year Results |
| Foxtons Group PLC | Full Year Results |
| Fresnillo PLC | Full Year Results |
| Greggs PLC | Full Year Results |
| Headlam Group PLC | Full Year Results |
| Inchcape PLC | Full Year Results |
| Intertek Group PLC | Full Year Results |
| IWG PLC | Full Year Results |
| Johnson Service Group PLC | Full Year Results |
| Keller Group PLC | Full Year Results |
| Reach PLC | Full Year Results |
| Rotork PLC | Full Year Results |
| SIG PLC | Full Year Results |
| Somero Enterprises Inc | Full Year Results |
| STV Group PLC | Full Year Results |
| Travis Perkins PLC | Full Year Results |
| XP Power Ltd | Full Year Results |
| Comments and questions to newsroom@alliancenews.com | |
| A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional. | |
| Copyright 2024 Alliance News Ltd. All Rights Reserved. | |
22 Feb 2024 12:05
EARNINGS AND TRADING: Galliford wins deals; Sylvania profit down
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and Wednesday and not separately reported by Alliance News:
Read more31 Jan 2024 18:28
EARNINGS AND TRADING: STV raises holding in Two Cities Television
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more