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SMG Takes Scottish Radio Interest to 29.5%

SMG Takes Scottish Radio Interest to 29.5%

SMG yesterday acquired a further 136,000 ordinary shares in Scottish Radio Holdings (SRH), representing in total 0.4% of the company’s issued share capital. These shares were acquired at 1,365p per SRH share and represented a total consideration of £1.9 million.

As a result, SMG now owns a total of 9,729,361 ordinary shares in SRH, representing 29.5% of the company’s issued share capital.

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