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(UMP.L) UMP PLC Buy/Sell

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Current Market Information

Time: 20:43 (Market Closed)

Bid	1.75
Ask	2.05
Price	1.90
Previous	1.93
Change	+0 (0.0000%)
Last Trade	1.93 (16:35:47)
Trading Vol.	0
Today's High	1.93
Today's Low	1.93

52 Wk Low	0.80
52 Wk Low	(08/05/2009)
52 Wk High	2.17
52 Wk High	(02/09/2009)
52 Wk Change	-0.07
52 Wk Change	(-3.75%)
4 Wk Volume	643,041
ISIN Number	IM00B1XD9T43
Currency	USD

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Recent News
Date/Time	Headline	Source
05-11-09	Jermyn Capital Ptnrs - EPT Disclosure	RNS
RNS Number : 0211C Jermyn Capital Partners 05 November 2009 DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RI STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY (Rule 38.5(b) of the Takeover Code) `1. KEY INFORMATION` `Name of exempt principal trader Jermyn Capital Partners Plc` `Company dealt in UMP Plc` `Class of relevant security to which the 0.05 USD Ordinary` dealings being disclosed relate (Note 1) `Date of dealing 04th Nov 2009` `2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE` `(a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 2)` `Long Short` `Number Number` `(%)` `(%)` `(1) Relevant securities 218,070` `0.2094%` (2) Derivatives (other than options) (3) Options and agreements to purchase/sell `Total 218,070 Nil` `0.2094%` `(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 2)` `Class of relevant security: Long Short` `Number Number` `(%)` `(%)` (1) Relevant securities (2) Derivatives (other than options) (3) Options and agreements to purchase/sell `Total Nil Nil` `(c) Rights to subscribe (Note 2)` Class of relevant security: Details `3. DEALINGS (Note 3)` `(a) Purchases and sales` Purchase/sale Number of securities Price per unit (Note 4) Purchase Sale `500,000 1.98` (b) Derivatives transactions (other than options) `Product name, Long/short (Note 5) Number of securities Price per unit (Note 4)` `e.g. CFD (Note 6)` (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying `Product name, Writing, selling, Number of securities Exercise Type, e.g. American, Expiry Option money` `e.g. call option purchasing, varying to which the option price European etc. date paid/received per` `etc. relates (Note 6) unit (Note 4)` `(ii) Exercising` Product name, e.g. call option Number of securities Exercise price per unit (Note 4) (d) Other dealings (including new securities) (Note 3) Nature of transaction (Note 7) Details Price per unit (if applicable) (Note 4) `4. OTHER INFORMATION` Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. `Is a Supplemental Form 38.5(b) attached? (Note 8) NO` `Date of disclosure 05th Nov 2009` `Contact name Sakshi Shah` `Telephone number 02073992020` Name of offeree/offeror with which connected UMP Plc `Nature of connection (Note 9) Connected Advisor` Notes The Notes on Form 38.5(b) can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk This information is provided by RNS The company news service from the London Stock Exchange END EMMILFIILVLEIIA More
02-11-09	Jermyn Capital Ptnrs - EPT Disclosure	RNS
RNS Number : 7595B Jermyn Capital Partners 02 November 2009 DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RI STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY (Rule 38.5(b) of the Takeover Code) `1. KEY INFORMATION` `Name of exempt principal trader Jermyn Capital Partners Plc` `Company dealt in UMP Plc` `Class of relevant security to which the 0.05 USD Ordinary` dealings being disclosed relate (Note 1) `Date of dealing 30th Oct 2009` `2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE` `(a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 2)` `Long Short` `Number (%) Number (%)` `(1) Relevant securities 718,070 0.6895%` (2) Derivatives (other than options) (3) Options and agreements to purchase/sell `Total 718,070 0.6895% Nil` `(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 2)` `Class of relevant security: Long Short` `Number (%) Number (%)` (1) Relevant securities (2) Derivatives (other than options) (3) Options and agreements to purchase/sell `Total Nil Nil` RIGHTS TO SUBSCRIBE (NOTE 2) Class of relevant security: Details `3. DEALINGS (Note 3)` `(a) Purchases and sales` Purchase/sale Number of securities Price per unit (Note 4) `Purchase 2,000 1.90` Sale (b) Derivatives transactions (other than options) `Product name, Long/short (Note 5) Number of securities Price per unit (Note 4)` `e.g. CFD (Note 6)` (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying `Product name, Writing, selling, Number of securities Exercise Type, e.g. American, Expiry Option money` `e.g. call option purchasing, varying to which the option price European etc. date paid/received per` `etc. relates (Note 6) unit (Note 4)` `(ii) Exercising` Product name, e.g. call option Number of securities Exercise price per unit (Note 4) (d) Other dealings (including new securities) (Note 3) Nature of transaction (Note 7) Details Price per unit (if applicable) (Note 4) `4. OTHER INFORMATION` Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. `Is a Supplemental Form 38.5(b) attached? (Note 8) NO` `Date of disclosure 02nd Nov 2009` `Contact name Sakshi Shah` `Telephone number 02073992020` Name of offeree/offeror with which connected UMP Plc `Nature of connection (Note 9) Connected Advisor` Notes The Notes on Form 38.5(b) can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk This information is provided by RNS The company news service from the London Stock Exchange END EMMILFLILFLFIIA More
27-10-09	UMP PLC - Interim Results	RNS
This news article is displayed preformatted as it may contain results tables RNS Number : 4201B UMP PLC 27 October 2009 UMP PLC Interim Results 27 October 2009 UMP Plc ('UMP' or the "Company") is pleased to announce its interim results for the period ended to 30 September 2009. The financial information set out in these interim results is unaudited and does not constitute the Company and its subsidiaries (the "Group") statutory financial statements. KEY HIGHLIGHTS FOR THE PERIOD Hindi movies released * Agyaat released on 7 August 2009 * Kaminey released on 14 August 2009 * Ageey Se Right 6 released on 4 September 2009 * What's Your Raashee released on 25 September 2009 FINANCIAL HIGHLIGHTS For the period ended 30 September 2009 * Total revenue of USD 9.92 million * Operating Loss of USD 3.98 million * Net Loss after tax of USD 3.72 million * Basic and Diluted earnings per share USD (0.036) UPCOMING RELEASES The releases in third and fourth quarter of this financial year are as given below: Movie Name Release/Expected Star Cast Release Date Wake Up Sid 2 October 2009 Ranbir Kapoor & Konkana SenSharma Main Aur Mrs Khanna 16 October 2009 Salman Khan, Kareena Kapoor and Sohail Khan Kurbaan 20 November 2009 Saif Ali Khan, Kareena Kapoor and Vivek Oberoi Chance Pe Dance January 2010 Shahid Kapur and Genelia D'Souza Peter Gaya Kaam Se February 2010 Rajeev Khandelwal Paan Singh Tomar February 2010 Irrfa Khann and Mahie Gill Phillum City March 2010 John Abraham and Others All the Hindi releases mentioned above are targeted at the global market as UMP PLC distributes its products in 32 different countries. UTV Software Communications Limited ("UTV"), the ultimate parent company of UMP Plc, has today released its quarterly results to the BSE and NSE in India. These are available on their website www.utvnet.com. Extracts of the interim statements of the Company appear below and a full version is available on the Company's website www.utvmotionpictures.com. The Company notes the following reclassification adjustments that were made as part of the audit process for the year ended 31 March 2009. These presentational changes are to the comparative financials information for the six months ended 30 September 2008 do not have an impact on the originally stated profit, earnings per share or net asset figures. * US$ 8.9 million of creditors that had originally been netted off against debtors are now shown gross in the consolidated balance sheet. * Exchange gains and losses of US$ 0.1 million previously included within administration expenses are now shown separately. * In the consolidated cash flow statement, the US$ 10.2 million loan received from UTV Software Communications Limited, the Company's parent company, had originally been included within cash from operating activities. This has now been classified as a financing activity. CONTACTS UMP Plc +91 22 4098 1400 Siddharth Roy Kapur Grant Thornton Corporate Finance (Nomad) +44 207 383 5100 Fiona Kindness/ Robert Beenstock Jermyn Capital Partners Plc (Broker) +44 207 399 2020 Mehmet Ahmed/ Christopher Morris CHAIRMAN'S STATEMENT On account of the Indian Premiere League cricket tournament and the Twenty 20 World Cup the Company had planned its film releases to commence in the second quarter of this financial year. Additionally, the ongoing dispute between the United Producers and Distributors Forum and the national multiplex cinema chains was resolved in June 2009, resulting in favorable revenue sharing terms for the film producers and distributors. The first movie for the financial year ending 31 March 2010, Agyaat was released on 7th August, 2009. Three other movies 'Kaminey', 'Aagey Se Right' and 'What's your Raashee' were released during the second quarter. 'Kaminey' emerged as a cult classic, opening to huge audiences worldwide and to rapturous critical acclaim. It has been heralded as one of the break through movies of the decade and the Directors believe that it has enhanced the brand equity of UMP substantially as a studio that creates commercially and successful and critically acclaimed cinema. In the next quarter, the Company has three movies of different genres and scales scheduled to be released. The Company's Marathi language production, Harishchandrachi Factory, a soul stirring story about the making of India's first feature film, was chosen as India's official entry to the Academy Awards, reaffirming the Company's unique ability to pick stories and concepts that are capable of resonating with a worldwide audience. OFFER FOR UMP PLC On 20 July 2009 the Company announced the recommended proposal (the "Proposal") made by UTV to acquire the entire issued and to be issued share capital of UMP not already owned by UTV through a Scheme of Arrangement ("Scheme"). Pursuant to the Proposal: * the holders of UMP Shares not already owned by UTV (representing approx 23.18% of the entire issued ordinary share capital of UMP) will, for every 3.75 UMP Shares, receive 1 New UTV Share; * all the assets and business of UMP will be transferred to UTV; and * UMP will be dissolved (without winding up) (together the Scheme) On 14 October 2009 the Scheme was approved by a majority number of the Independent UMP Shareholders in the court convened meeting held on that date. Full details of the offer are available on the Company's website www.utvmotionpictures.com. Rohinton Soli Screwvala Chairman UNAUDITED CONSOLIDATED BALANCE SHEET AS AT 30 SEPTEMBER 2009 As at 30 Sep 2009 As at 30 Sep 2008 ASSETS USD USD Non-current assets Intangible assets - 1,376 Tangible assets 2,415 3,872 2,415 5,248 Current assets Inventories 115,979,641 103,866,951 Trade and other receivables 14,382,478 13,742,027 Cash and cash equivalents 713,984 195,601 131,076,103 117,804,579 Total assets 131,078,518 117,809,827 LIABILITIES Current liabilities Loan from ultimate holding company 34,287,774 8,958,999 Trade and other payables 5,752,880 16,220,059 Bank Overdraft 485 441 Tax liabilities - 100,250 40,041,139 25,279,749 EQUITY Share capital 5,206,897 5,206,897 Share premium account 63,008,898 63,145,124 Accumulated profits 22,752,090 24,106,045 Equity attributable to equity 90,967,885 92,458,066 holders of the parent Minority interest 69,494 72,012 Total equity 91,037,379 92,530,078 TOTAL LIABILITIES AND EQUITY 131,078,518 117,809,827 The unaudited financial statements were approved by the board of directors and authorised for issue on 26 October 2009 and are signed on its behalf by: ********** **********.. Siddharth Roy Kapur Charles Peter Arthur Vanderpump Director Director UNAUDITED CONSOLIDATED INCOME STATEMENT FOR THE PERIOD ENDED 30 SEPTEMBER 2009 Period ended 30 Sep Period ended 30 Sep 2008 2009 USD USD Continuing Operations Revenue 9,921,835 27,695,616 Cost of sales (11,705,703) (19,787,415) Gross profit/ (loss) (1,783,868) 7,908,201 Administrative expenses (582,849) (485,155) Foreign exchange gains/(loss) (1,615,482) 1,414,810 Profit/(Loss) from operations (3,982,199) 8,837,856 Other income 58,773 61,197 Profit/ (Loss) before tax (3,923,426) 8,899,053 Income tax (expense) / income 207,021 (273,497) Profit after tax (3,716,405) 8,625,556 Attributable to Equity holders of parent (3,707,819) 8,603,503 Minority interest (8,586) 22,053 (3,716,405) 8,625,556 Earnings per share From continuing operations: (0.036) Basic 0.083 Diluted (0.036) 0.083 UNAUDITED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE PERIOD ENDED 30 SEPTEMBER 2009 Attributable to equity holders of the company Minority interest Total equity Share Share Premium Retained Earnings Capital Total Opening Balance (as on 1 April 5,206,897 63,008,898 26,459,909 78,080 94,753,784 2009) Net profit/(loss) for the - - (3,707,819) (3,707,819) (8,586) (3,716,405) period Balance at 30 September 2009 5,206,897 63,008,898 90,967,885 69,494 91,037,379 UNAUDITED CONSOLIDATED CASH FLOW STATEMENT FOR THE PERIOD ENDED 30 SEPTEMBER 2009 Period Period from 01 Apr 2009 from 01 Apr 2008 to 30 Sep 2009 to 30 Sep 2008 USD USD NET CASH (USED IN) OPERATING ACTIVITIES (875,023) (23,086,855) INVESTING ACTIVITIES Investment income 103 61,197 Purchases of tangible assets - (3,295) NET CASH FROM INVESTING ACTIVITIES 103 57,902 FINANCING ACTIVITIES Loan Received 1,227,200 8,753,061 NET CASH FROM FINANCING ACTIVITIES 1,227,200 8,753,061 NET INCREASE IN CASH AND CASH 352,280 (14,275,893) EQUIVALENTS CASH AND CASH EQUIVALENTS AT BEGINNING 361,219 14,471,053 OF PERIOD CASH AND CASH EQUIVALENTS AT END OF 713,499 195,160 PERIOD CASH AND CASH EQUIVALENTS MADE UP OF: Bank balances and cash 713,984 195,601 Fixed deposits - - Bank overdraft (485) (441) 713,499 195,160 This information is provided by RNS The company news service from the London Stock Exchange END IR CKOKQFBDKAKB More
14-10-09	UMP PLC - Results of Court Meeting	RNS
RNS Number : 7684A UMP PLC 14 October 2009 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION UMP Plc ("UMP", or "the Company") Recommended Proposal by UTV Software Communications Limited Results of Court Meeting 14 October 2009 On 20 July 2009 an announcement was made by the Company concerning the recommended proposal by UTV Software Communications Limited ("UTV") (the "Proposal") pursuant to which: THE HOLDERS OF THE UMP SHARES NOT ALREADY OWNED BY UTV (REPRESENTING APPROXIMATELY 23.18 PER CENT. OF THE ENTIRE ISSUED ORDINARY SHARE CAPITAL OF UMP) WILL, FOR EVERY 3.75 UMP SHARES, RECEIVE 1 NEW UTV SHARE; ALL THE ASSETS AND BUSINESS OF UMP WILL BE TRANSFERRED TO UTV; AND UMP WILL BE DISSOLVED (WITHOUT WINDING UP) (TOGETHER THE "SCHEME"). The Independent Directors of UMP announced on 8 September 2009 that the High Court of Justice in the Isle of Man had made an order in connection with the Scheme, that UMP convene a Court Meeting of the Independent UMP Shareholders for the purpose of considering, and if thought fit, approving the Scheme. A document containing, among other things, the terms of the Scheme, an Explanatory Statement and notice of the Court Meeting (the "Scheme Document") was posted to each of the Independent UMP Shareholders on 15 September 2009. On 16 September 2009 it was announced that the Court Meeting had been convened for 10.00 a.m. on 14 October 2009 at the offices of Simcocks Advocates Limited, Ridgeway House, Ridgeway Street, Douglas, Isle of Man IM99 1PY. UMP is pleased to announce that, at the Court Meeting held today, a majority in number of the Independent UMP Shareholders who voted (either in person or by proxy), representing not less that 75% in value of the votes cast, voted in favour of the resolution to approve the Scheme. The resolution was accordingly passed. The votes cast for the resolution were as follows: Number of Independent UMP Shareholders voting: For: 9 (100%). Against: Nil (Nil per cent.). Number of votes: For: 14,831,921 (100% of the votes cast at the Court Meeting, representing 61% of the total number of Scheme Shares as at the date hereof). Against: Nil (Nil per cent. of the votes cast at the Court Meeting, representing nil per cent. of the total number of Scheme Shares as at the date hereof). Completion of the Proposal remains subject to the satisfaction or, if permitted, waiver of the conditions to the Proposal set out in the Scheme Document including, inter alia, the sanction of the Scheme by the Isle of Man Court and the Indian Scheme (so far as it relates to UMP) becoming effective. The Court Hearing of UMP's petition to sanction the Scheme is expected to take place on 10 November 2009, as set out in the Scheme Document. The Effective Date of the Scheme is expected to be 8 January 2010, as set out in the Scheme Document. If the position changes, a further announcement will be made. Any capitalised term used but not defined in this announcement shall have the meaning ascribed to it in the Scheme Document. Enquiries: `UMP Telephone: + 44 (0) 20 7630 7042` Andrew Carnegie Peter Vanderpump Jefferies International Limited(Financial Telephone: +44 (0) 20 7029 8000 Adviser to UMP) Julian Culhane Sarah McNicholas `Grant Thornton Telephone: +44 (0) 20 7383 5100` (Nominated Adviser to UMP) Fiona Owen Robert Beenstock Jefferies International Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for UMP and no one else in connection with the Proposal and other matters referred to in this announcement and accordingly will not be responsible to anyone other than UMP for providing the protections afforded to the clients of Jefferies International Limited nor for providing advice in relation to the Proposal, the Scheme Document or any other matter referred to in this announcement. Forward looking statements This announcement contains statements about UTV and UMP that are or may be forward looking statements. All statements other than statements of historical facts included in this announcement may be forward looking statements. Without limitation, any statements preceded or followed by or that include the words "targets", "plans", "believes", "expects", "aims", "intends", "will", "should", "may", "anticipates", "estimates", "synergies", "cost savings", "projects", "strategy", or words or terms of similar substance or the negative thereof, are forward looking statements. Forward looking statements include statements relating to the following: (i) the expected timetable for completing the Proposal, future capital expenditures, expenses, revenues, earnings, synergies, economic performance, indebtedness, financial condition, dividend policy, losses and future prospects of UTV, UMP or the Merged Group; (ii) business and management strategies and the expansion and growth of UTV's, UMP's or the Merged Group's operations and potential synergies resulting from the Proposal; and (iii) the effects of government regulation on UTV's, UMP's or the Merged Group's business. These forward looking statements are not guarantees of future performance. They have not been reviewed by the auditors of UTV or UMP. These forward looking statements involve known and unknown risks, uncertainties and other factors which may cause them to differ from the actual results, performance or achievements expressed or implied by such forward looking statements. These forward looking statements are based on numerous assumptions regarding the present and future business strategies of such persons and the environment in which each will operate in the future. All subsequent oral or written forward looking statements attributable to UTV or UMP or any of their respective members, directors, officers or employees or any persons acting on their behalf are expressly qualified in their entirety by the cautionary statement above. All forward looking statements included in this announcement are based on information available to UTV and UMP on the date hereof. Investors should not place undue reliance on such forward looking statements, and UTV and UMP undertake no obligation to publicly update or revise any forward looking statements. No statement in this announcement is intended to constitute a profit forecast for any period. Dealing disclosure requirements Under the provisions of Rule 8.3 of the City Code, if any person is, or becomes, "interested" (directly or indirectly) in 1 per cent. or more of any class of "relevant securities" of UTV or of UMP, all "dealings" in any "relevant securities" of that company (including by means of an option in respect of, or a derivative referenced to, any such "relevant securities") must be publicly disclosed by no later than 3:30 p.m. (London time) on the Business Day following the date of the relevant transaction. This requirement will continue until the date on which the Scheme becomes effective or lapses or is otherwise withdrawn or on which the "offer period" otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an "interest" in "relevant securities" of UTV or UMP, they will be deemed to be a single person for the purpose of Rule 8.3. Under the provisions of Rule 8.1 of the City Code, all "dealings" in "relevant securities" of UTV or of UMP by UTV or UMP, or by any of their respective "associates", must be disclosed by no later than 12.00 noon (London time) on the Business Day following the date of the relevant transaction. A disclosure table, giving details of the companies in whose "relevant securities" "dealings" should be disclosed, and the number of such securities in issue, can be found on the Takeover Panel's website at www.thetakeoverpanel.org.uk. "Interests in securities" arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an "interest" by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities. Terms in quotation marks in this section "Dealing disclosure requirements" are defined in the City Code, which can also be found on the Takeover Panel's website. If you are in any doubt as to whether or not you are required to disclose a "dealing" under Rule 8, you should consult the Takeover Panel. Distribution of this announcement and other matters The distribution of this announcement and the accompanying documents in jurisdictions other than the United Kingdom may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe, such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities laws of any such jurisdiction. This announcement does not constitute an offer or an invitation to purchase or subscribe for any securities or a solicitation of an offer to buy any securities pursuant to this announcement or otherwise in any jurisdiction in which such offer or solicitation is unlawful. This announcement has been prepared in connection with a proposal in relation to a scheme of arrangement pursuant to, and for the purpose of, complying with the law of the Isle of Man and the City Code and information disclosed may not be the same as that which would have been prepared in accordance with laws of jurisdictions outside the Isle of Man or the United Kingdom. Nothing in this announcement should be relied upon for any other purpose. The statements contained herein are made as at the date of this announcement, unless some other time is specified in relation to them, and the issue of this announcement shall not give rise to any implication that there has been no change in the facts set forth herein since that date. No person has been authorised to make any representations on behalf of UMP or UTV concerning the Proposal or the Scheme which are inconsistent with the statements contained herein and any such representations, if made, may not be relied upon as having been so authorised. This announcement does not constitute a prospectus or prospectus equivalent document. No person should construe the contents of this announcement as legal, financial or tax advice and each person who receives this announcement should consult their own advisers in connection with the matters contained herein. This announcement is not an offer for sale of securities in the United States. The New UTV Shares to be issued in connection with the Proposal, have not been, and will not be, registered under the Securities Act or under any relevant securities laws of any state or other jurisdiction of the United States, nor have clearances been, nor will they be, obtained from the securities commission or similar authority of any province or territory of Canada and no prospectus has been, or will be, filed with, such commission or authority or any securities law of any province or territory of Canada nor has a prospectus in relation to the New UTV Shares been, nor will one be, lodged with, or registered by, the Australian Securities and Investments Commission, nor have any steps been taken, nor will any steps be taken, to enable the New UTV Shares to be offered in compliance with applicable securities laws of Japan. Accordingly, unless an exemption under relevant securities laws is available, the New UTV Shares may not be offered, sold, resold or delivered, directly or indirectly, in, into or from the United States, Canada, Australia or Japan or any other jurisdiction in which an offer of the New UTV Shares would constitute a violation of relevant laws or require registration of the New UTV Shares, or to or for the account or benefit of any person located in the United States, Canada, Australia or Japan. Unless otherwise determined by UTV and UMP and permitted by applicable law and regulation, copies of this announcement and any other documents related to the Proposal or the Scheme are not being, and must not be, mailed or otherwise forwarded, distributed or sent in or into the United States, Canada, Australia or Japan. All persons receiving this announcement (including, without limitation, custodians, nominees and trustees) should observe these restrictions and any applicable legal or regulatory requirements of their jurisdiction and must not mail or otherwise forward, send or distribute this announcement in, into or from the United States, Canada, Australia or Japan. This information is provided by RNS The company news service from the London Stock Exchange END MSCUSUURKKRRAAA More

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Date/Time	Subject	Author
13-08-09	Re: any news	bobknows


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	RNS has just come out. More \| View thread (2) \| Respond \| Login to Vote up \| Login to Vote down
08-10-08	Anyone still holding?	BullishMantra


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	This share is standing quietly amidst the turbulence in markets. Anyonce still holding onto this? I was looking at Indian markets which were really batterred! Any views/news on this one is welcome. Thanks More \| View thread (1) \| Respond \| Login to Vote up \| Login to Vote down
05-06-08	BUY Turnover to Quadruple-UTV founder is upb...	BullishMantra	1


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	Spotted on FT today........future looks great but no reaction on current share price! --------------------------------------------------------------------------- UTV founder is upbeat after Disney injection By Andrew EdgecliffeJohnson in London Published: June 5 2008 03:00 \| Last updated: June 5 2008 03:00 Ronnie Screwvala, the former Bollywood actor-turned-media entrepreneur, is predicting that the revenues of UTV will almost quadruple in the next two years, helped by the investment of new funds from Walt Disney. A "promoter group" led by Mr Screwvala, who founded the Indian film, television and games company with $900 in 1991, is investing a further $100m to maintain his 32.1 per cent stake after a $230m investment by the US entertainment group raised its holding from 14.9 per cent to the same level. "They are coming in at a level where they feel the [investment could grow five or tenfold]," he told the Financial Times on a visit to London. "We'd like to think we'd be growing at 100 per cent year on year this year and maybe 75 per cent the year after." The combined Rs1.3bn ($30.5m) investment from Disney and Mr Screwvala will be deployed over the next two years across its divisions, with Rs3.75bn earmarked for acquisitions in gaming, TV and other areas. If successful, UTV would become one of South Asia's largest media groups, alongside the likes of Zee Entertainment and Star and give Disney a bigger platform for international growth. The forecast growth rates "demonstrates the scalability of Asian media," he said. Mr Screwvala dismissed talk that UTV could soon spin off one of its five divisions, but hinted this was more likely in the next two years. "If [one division] is not in the top two [in its market] by 2009 or 2010, we'll question that vertical," he said. "It would be easy for me to list broadcasting or get in a strategic partner, but we're not. We want to build a whole that's bigger than the sum of the parts, so when we start unloading, we start unloading at mature levels." Mr Screwvala said the group's diversified media model - spanning TV content, Bollywood films, entertainment channels, video games and websites - closely resembled the business models of multinational groups such as Disney, Sony, News Corporation and Virgin, with which it has partnerships. "It is a non-replicable model which gives us a five-year head start [over competitors]," he argued, adding that a unifying focus on the creation of intellectual property would prevent the group from spreading its efforts too thinly. Disney had stepped up its collaboration with UTV since increasing its holding, he added, pointing to the launch last month of UTVi, a business news TV channel which draws on shows from Disney's ABC News channel such as 20/20 and Good Morning America. The channel is one of five launched by UTV since last October, with others focused on Hindi films, world cinema and the youth market. Copyright The Financial Times Limited 2008 More \| View thread (1) \| Respond \| Login to Vote up \| Login to Vote down
22-05-08	any news	BullishMantra


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	It has gone up 5.6% today, any news? More \| View thread (2) \| Respond \| Login to Vote up \| Login to Vote down

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