Menu
02/02/2004
ITV shares begin trading on London Stock Exchange
ITV plc, the company formed on the merger of Carlton and Granada, has launched its shares on the London Stock Exchange.
All dealing in Carlton and Granada shares concluded on Friday's close, while ITV plc shares opened at 141 pence, reaching 146.25p by 4pm.
Under the terms of the merger, Granada Shareholders received one ITV ordinary share for each Granada share, while Carlton ordinary shareholders received 1.9386 ITV ordinary shares and 0.1835 ITV convertible shares for each Carlton ordinary share.
On completion of the Merger, Carlton ordinary shareholders received approximately 32% of the issued ordinary share capital of ITV plc. This will potentially increase to approximately 34% in 2006, conditional on the achievement of a share price for the ITV ordinary shares of 140 pence and on achievement of an earnings target for the ITV ordinary shares, for the year ending September 2005, equal to or greater than 6.26 pence.
(GB)
All dealing in Carlton and Granada shares concluded on Friday's close, while ITV plc shares opened at 141 pence, reaching 146.25p by 4pm.
Under the terms of the merger, Granada Shareholders received one ITV ordinary share for each Granada share, while Carlton ordinary shareholders received 1.9386 ITV ordinary shares and 0.1835 ITV convertible shares for each Carlton ordinary share.
On completion of the Merger, Carlton ordinary shareholders received approximately 32% of the issued ordinary share capital of ITV plc. This will potentially increase to approximately 34% in 2006, conditional on the achievement of a share price for the ITV ordinary shares of 140 pence and on achievement of an earnings target for the ITV ordinary shares, for the year ending September 2005, equal to or greater than 6.26 pence.
(GB)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
03 April 2002
First Derivatives successfully floated on AIM market
Newry-based company First Derivatives (FD) have successfully floated as a publicly listed company on the AIM market. The company, which provides bespoke software for the banking industry, have begun trading on the market after it exceeded the £1 million minimum subscription take-up requirement.
First Derivatives successfully floated on AIM market
Newry-based company First Derivatives (FD) have successfully floated as a publicly listed company on the AIM market. The company, which provides bespoke software for the banking industry, have begun trading on the market after it exceeded the £1 million minimum subscription take-up requirement.
27 May 2002
Unilever sign biggest-ever airtime advertising deal
Carlton Communications and Granada have won the largest-ever airtime television advertising contract with Britain's biggest advertiser Unilever to the tune of £320 million over four-years.
Unilever sign biggest-ever airtime advertising deal
Carlton Communications and Granada have won the largest-ever airtime television advertising contract with Britain's biggest advertiser Unilever to the tune of £320 million over four-years.
25 March 2002
Is ITV Digital's £50m football offer an own goal?
ITV Digital's board was due to meet on Monday to discuss the possible risk of a £500 million legal action by the Football League if the digital broadcaster pulls the plug on televising Football League matches.
Is ITV Digital's £50m football offer an own goal?
ITV Digital's board was due to meet on Monday to discuss the possible risk of a £500 million legal action by the Football League if the digital broadcaster pulls the plug on televising Football League matches.
14 October 2009
X Factor Boosts ITV Shares
ITV shares have raced ahead after better-than-expected advertising figures gave the broadcaster some relief from its ongoing leadership crisis. It has significantly outperformed Channel 4 and Five year on year in terms of its share of commercial impacts.
X Factor Boosts ITV Shares
ITV shares have raced ahead after better-than-expected advertising figures gave the broadcaster some relief from its ongoing leadership crisis. It has significantly outperformed Channel 4 and Five year on year in terms of its share of commercial impacts.
17 June 2004
M&S reject revised offer from Revival
Marks & Spencer have rejected an increased offer from retail entrepreneur Philip Green's company Revival Acquisitions. Following a meeting between Marks & Spencer's Chairman Paul Myners and Chief Executive Stuart Rose, who met with Philip Green and a representative of Goldman Sachs yesterday afternoon, the substantially increased bid was rejected.
M&S reject revised offer from Revival
Marks & Spencer have rejected an increased offer from retail entrepreneur Philip Green's company Revival Acquisitions. Following a meeting between Marks & Spencer's Chairman Paul Myners and Chief Executive Stuart Rose, who met with Philip Green and a representative of Goldman Sachs yesterday afternoon, the substantially increased bid was rejected.
-
Northern Ireland WeatherThis Evening and Tonight:It will be cloudy. Also mainly dry at first this evening but then occasional outbreaks of rain developing overnight. Light southwest winds, and staying mild. Minimum temperature 9 °C.
