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Share Price: 80.65
Bid: 80.60
Ask: 80.70
Change: -0.15 (-0.19%)
Spread: 0.10 (0.124%)
Open: 81.30
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ITV plc statement regarding Bond Buy-Back

30 Jun 2011 11:53

RNS Number : 4667J
ITV PLC
30 June 2011
 



 

30 June 2011

 

 

ITV plc statement regarding Bond Buy-Back

ITV plc ("ITV") announces that it has made the following repurchases of its debt to the value of £183.6m:

 

·; All of its £110m Eurobonds due March 2013

·; £73.6m of its £383m Eurobonds due October 2015

 

ITV now has no major debt repayment due until 2014.

 

Adam Crozier, ITV Chief Executive, said:

 

"These buybacks are consistent with our focus on cost control, cash generation and strenghtening of the balance sheet."

 

- ends -

 

 

 

For further enquiries please contact:

 

Investor enquiries

Ed Steel 020 7157 6560

 

Media enquiries

Mary Fagan 020 7157 3965

Mike Large 020 7157 3021

 

Website: www.itv.com; investor information: www.itvplc.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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