ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

SPMG Sport Media

0.925
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sport Media LSE:SPMG London Ordinary Share GB00B11FCP94 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.925 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Pre-Close Update

25/02/2011 7:00am

UK Regulatory



 
TIDMSPMG 
 
SPORT MEDIA GROUP PLC 
 
                 ("Sport Media", "the Company" or "the Group") 
 
                                Pre-Close Update 
 
 
 
The  Board  of  Sport  Media  Group  PLC  (AIM:  SPMG.L)  is pleased to make the 
following pre-close update for the year to 31 December 2010: 
 
The  Group performed  broadly in  line with  management expectations for most of 
2010 and,  subject to audit, Group EBITDA is expected to be in excess of  GBP1m for 
the year. 
 
Newspaper  circulation remained stable  until late October,  but, like the whole 
industry,  was adversely effected in the last  two months of the period, largely 
as  a consequence of the poor weather  conditions which impacted on the delivery 
capabilities, particularly in Scotland. 
 
The  Digital business had a better year  overall in 2010, and in particular, the 
Telecom2 business finished the year strongly. 
 
As  previously announced we  have secured our  funding through to March 2013 and 
continue  to  have  constructive  discussions  with  our lenders with regards to 
reducing the debt burden within the Group. 
 
We anticipate that the results for the year will be published in April. 
 
 
 
Enquiries: 
 
 Sport Media Group plc 
 
 Andrew Fickling, Chief Executive Officer 
 
 Neil Robertson, Group Finance Director           Tel: + 44 (0) 161 236 4466 
 
 www.sportmediagroup.co.uk 
 
 
 
 Daniel Stewart & Company plc 
 
 Oliver Rigby                                     Tel: + 44 (0) 20 7776 6550 
 
 www.danielstewart.co.uk 
 
 
 
 
 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Sport Media Group PLC via Thomson Reuters ONE 
 
[HUG#1492289] 
 

1 Year Sport Media Chart

1 Year Sport Media Chart

1 Month Sport Media Chart

1 Month Sport Media Chart

Your Recent History

Delayed Upgrade Clock