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Thursday 11 June, 2009

Local Radio Company

Disposal

RNS Number : 7117T
Local Radio Company PLC (The)
11 June 2009
 



11th June 2009


THE LOCAL RADIO COMPANY PLC 



Disposal of interest in Silk FM Limited


The Local Radio Company Plc announces that yesterday it disposed of its Silk FM Limited subsidiary for a nominal consideration. The transaction is not a substantial transaction for the purposes of Rule 12.


Silk FM is the Radio Licensee serving Macclesfield. The holding has been acquired by Dee 106.3 Limited.



For further information please contact: 



Roxane Marffy/Brett Miller

Ruegg & Co Limited

Nominated Adviser & Broker

Tel 020 7584 3663



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