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AGM Statement

21 Jul 2010 11:34

RNS Number : 6855P
UBC Media Group PLC
21 July 2010
 



21 July 2010

 

UBC Media Group plc

AGM statement

 

At today's AGM of UBC Media Group (AIM: UBC, 'the Company'), the multimedia content and services company, the Chairman stated that trading continues in line with the Board's expectations.

 

He commented that the mixture of content and technology, so well encapsulated by the rapid growth in demand for iPhone apps, continues to be a key element of the Group's development. UBC is investing in building a network of radio station iPhone Apps and in creating iPhone Apps for advertising clients.

 

The initial statistics from the first apps produced are encouraging. For example, nearly 4% of national station talkSPORT's listeners downloaded the station's app in the first eight weeks. 40% are using it at least once a week with 627,000 listening sessions recorded since launch, with an average of seven minutes each. UBC has carried advertising on its app network from launch.

 

UBC has also completed iPhone apps for Tourism Australia and Mercedes Benz

 

All resolutions at the AGM were passed.

 

Enquiries:

 

 

UBC Media Group

020 7453 1600

Simon Cole, Chief Executive

John Falcon, Finance Director

Seymour Pierce

020 7107 8000

Mark Percy, Corporate Finance

David Banks, Corporate Broking

College Hill

020 7457 2020

Adrian Duffield/Carl Franklin/Rozi Morris

 

About UBC Media (www.ubcmedia.com)UBC Media is a business to business provider of multimedia content and interactive software. The Group provides content expertise across a wide range of platforms including commissioned radio programmes for networks such as the BBC, advertiser funded audio and video, media sponsorship and mobile advertising, along with interactive software for radio broadcasters and apps for mobile devices. It is the UK's leading independent producer of radio programming. UBC consists of five operating divisions: Unique (radio production), Above the Title (radio and other Audio production), Smooth Operations (radio production), Lynx Content (marketing through content) and Unique Interactive (interactive software).UBC is in a strong position to serve the rapidly growing and converging multi-platform media and wireless markets in ways that have potential to generate substantial earnings over the coming years. The Group's business model already generates highly visible revenues, such as long term radio commissions and monthly software fees.

UBC Media is listed on AIM (AIM: UBC) and is based in London, UK.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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