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Share Name | Share Symbol | Market | Type |
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E-Tracs Usb Bloomberg Commodity Index Exchange Traded Notes E-Tracs Ubs Bloomberg Cmci Livestock Etn (delisted) | AMEX:UBC | AMEX | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 18.15 | 0 | 01:00:00 |
RNS Number:4674O UBC Media Group PLC 08 August 2003 8 August 2003 UBC Media Group plc AGM STATEMENT At the Annual General Meeting of UBC Media Group plc to be held today Michael Peacock, Chairman, intends to make the following statement: "UBC Media Group has made a good start to the new financial year. - The Production Division continues to trade in-line with budget. Moreover, in the recent commissioning round the Production Division was awarded a number of important new commissions from BBC Radio 3 and Radio 4, which further extend the range of UBC's programming operations. - Classic Gold Digital traded in line with forecasts in the first quarter of the new financial year. The latest RAJAR survey showed an improvement in both listening hours and market share for Classic Gold Digital, underlining our belief that arresting the long-term decline in listening to AM services can only be achieved through continued investment in the network. Currently, RAJAR only measures analogue listening to the Classic Gold Digital network. Measurement of digital listeners will, however, begin in the final quarter of the year, and we expect this will show a growing audience for Classic Gold Digital on digital platforms. - As I indicated at the time of our Preliminary Results Announcement, sales of airtime in the first two months of the year were below target, in line with the rest of the industry. However, the Company took swift remedial action and I am pleased to report there has since been a sharp recovery in commercial airtime sales in both June and July, which gives me greater confidence about prospects for the commercial airtime sales division for the rest of the year. Consumers have responded with enthusiasm to the launch of affordable DAB digital radios. Leading electronics retailer, Dixons, has stated that: 'Sales of digital radios are currently tracking at around 50% of the portable radio category (by retail value) at Dixons and Currys. We would expect volumes to grow with the introduction of new products (eg, the forthcoming Roberts range). The stock position has also improved significantly and we're seeing healthy levels of customer demand'. Overall, I am pleased to report that the performance of the Group in the first four months of the year has been positive, and I believe the outlook for the remainder of the year is encouraging". For further information, please contact: Simon Cole, CEO, UBC Media Group plc Tel: 020 7453 1600 Tim Allan, Portland, for UBC Media Group plc Tel: 020 7404 5344 Notes to Editors UBC Media Group plc is a UK public company quoted on the London Stock Exchange's AIM 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 the entertainment and financial news services provided to commercial radio, the Group produces the network Chart Show and is the largest independent producer of radio programming for the BBC. The Group also has significant digital radio interests including Oneword, the Sony Digital Radio Station of the Year and the Classic Gold Digital network of stations. It is also part of the MXR consortium. This information is provided by RNS The company news service from the London Stock Exchange END AGMNKOKBOBKDNFK
1 Year E-Tracs Usb Bloomberg Commodity Index Exchange Traded Notes E-Tracs Ubs Bloomberg Cmci Livestock Etn (delisted) Chart |
1 Month E-Tracs Usb Bloomberg Commodity Index Exchange Traded Notes E-Tracs Ubs Bloomberg Cmci Livestock Etn (delisted) Chart |
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