7DIG.L Regulatory News (7DIG)

11 Aug 2005 07:02

UBC Media Group PLC11 August 2005 11 August 2005 UBC Media Group plc ("UBC" or "the Company") Holding in Company & Directors' Shareholdings The Company has today been informed that trade investor DC Thomson purchased 11million UBC ordinary shares of 1p each ("Ordinary Shares") on 10 August 2005. DC Thomson now has a total interest in 11 million Ordinary Shares, representingapproximately 6.4 per cent. of the issued share capital of the Company. DC Thomson prints and publishes more than 200 million magazines, newspapers andcomics each year, including the Dundee Courier, The Sunday Post, the People'sFriend, My Weekly, Shout magazine and The Beano and The Dandy. DC Thomson hasbeen an active investor in the radio and television sector over many years. To satisfy this purchase and other institutional demand in the marketplace, theDirectors of UBC have, on 10 August 2005, in aggregate, sold 11,787,494 OrdinaryShares at 25p per share. The Directors share sales are shown below. Director No. of shares Remaining Percentage of Sold Ordinary Shares Issued share capital remaining Simon Cole 6,000,000 20,667,884 12.1% John Quinn 387,494 2,462,506 1.4% In addition, Unique Communications Limited have disposed of 5,400,000 OrdinaryShares at a price of 25p each, as a result of which its shareholding in theCompany is reduced to 8,448,714 Ordinary Shares representing approximately 4.9per cent. of the issued share capital of the Company. The beneficial owner ofthe shares registered in the name of Unique Communications Limited is N. E.Edmonds, a director of the Company. For further information, please contact: Simon Cole, CEO, UBC Media Group plc Tel: 020 7453 1600Andrew Sholl, Portland Tel: 020 7404 5344 Notes to Editors About UBC Media Group UBC Media Group plc is a UK public company quoted on the London Stock Exchange'sAIM market. The Group is a market leader in the supply of content to the radio,Internet and digital television industries in the UK. In addition to theentertainment and traffic and travel news services provided to commercial radio,the Group is the largest independent producer of radio programming for the BBC.UBC owns the Classic Gold Digital network of radio stations and, in partnershipwith Channel 4 Television, the national digital radio station Oneword Radio. This information is provided by RNS The company news service from the London Stock Exchange