Proposed Strategic Investment
22 Marzo 2006 - 3:35PM
UK Regulatory
RNS Number:2132A
VTR PLC
22 March 2006
VTR plc
Statement re Proposed Strategic Investment
The Board today announces that it is in discussions with Prime Focus Limited
("PFL"), one of India's largest post production houses, that might lead to an
investment of approximately #4.5 million being made by PFL in the Company at
around 35 pence per share, which would give PFL a shareholding of approximately
55 per cent. of the enlarged issued share capital of VTR (the "Proposal"). The
Proposal would be subject to, inter alia, the approval of the Company's
shareholders at an extraordinary general meeting.
The Board will advise shareholders of further developments, together with the
background to these discussions, in due course.
22 March 2006
Enquiries:
Paul Tracey
Managing Director
Peter Samengo-Turner
Group Finance Director
VTR plc
020 7437 0026
Philip Davies
Charles Stanley Securities
020 7953 2457
Lawrence Dore
Mantra Public Relations
020 7907 7800
This information is provided by RNS
The company news service from the London Stock Exchange
END
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