** UTV Media up c.4 pct & top gainer on FTSE AllShare Index after co says to sell Liverpool-based radiostation & use proceeds to reduce indebtedness
** Northern Irish radio and television broadcaster to sellJuice FM, which posted 2014 revenues of 2.2 mln stg, to GlobalRadio for 10 mln stg in cash
** "We believe UTV's high gearing has been a major concernfor investors and therefore expect the disposal will be takenpositively this morning," Numis analyst Paul Richard writes
** Brokerage expects co's debt to fall to c.40 mln stgfollowing completion of sale