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Is Virtue Broadcast set to take off? (VTB)     

Doshmaker - 08 Jan 2004 17:07

Plenty of speculation regarding this share at the moment, rumour of it being mentioned in Investors Chronicle on Friday. Possible RNS's on the way. Takeover talk. Surely a buy at these prices. Charts indicate next move should be north. Get in as soon as possible before you regret it.

ricardopage - 06 Feb 2004 14:19 - 19 of 29

skids,

I suggest you read the article again.

skids - 06 Feb 2004 15:05 - 20 of 29

apple,

I also held, but sold at 6.1p through fear of more share issues dilluting the price. VTB have been around for a while now and have great clients, but I can't see the value. Is probably my inexperience (as I'm fairly new to this). Originally I thought VTB would benefit from patents on music via the web, but they seem to have focused on webcasting instead of media sales.

My stance is to wait and see what happens. Alternate views pls.

skids

apple - 06 Feb 2004 15:47 - 21 of 29

skids

IMHO webcasting is the right decision.

Music via the web is for the big boys & the free downloaders to fight over.

apple - 09 Feb 2004 09:41 - 22 of 29

All buys so far today

skids - 12 Feb 2004 14:48 - 23 of 29

Yet again VTB issue more shares!!!
-------------------------

Virtue Broadcasting PLC
12 February 2004


VIRTUE BROADCASTING PLC

12 FEBRUARY 2004

AGREEMENT

Virtue Broadcasting Plc ('the Company') today announces that it has exercised an
option to acquire 298,633 shares in its Australian subsidiary Virtue
Broadcasting Pty Ltd ('Virtue Australia') from Edgewise Solutions Pty Ltd. This
transaction takes the Company's holding in Virtue Australia to 82.99% from
62.99%.

In consideration, the Board of Virtue has, today, authorised the issue and
allotment of a total of 1,707,541 ordinary shares of 0.1 pence each. Application
will be made for the new shares to be admitted to AIM and trading in the new
shares is expected to commence on 19 February 2004.

Commenting, Chairman Mike Neville said today: 'The Australian operation has
continued to show improvements in performance since the half year and has now
established itself firmly in the Australian market place following the recent
acquisitions. We have taken this opportunity to acquire a further stake in the
business to enable the group to take more control'.

For more information contact:

James Ormondroyd, Finance Director
Tel: +44 (0) 20 7785 6000
Email: investorrelations@virtuebroadcasting.com

ENDS

apple - 12 Feb 2004 17:16 - 24 of 29

This small number of shares was expected.

apple - 23 Feb 2004 08:13 - 25 of 29

Very nice start to the day 9.5% UP

Last years results were announced 26th June, I wonder if this years will be earlier.

apple - 23 Feb 2004 13:29 - 26 of 29

Interesting info

http://www.virtuecorporate.com/pdfs/HBL_NATO_200204_PR.pdf

xmortal - 23 Feb 2004 16:25 - 27 of 29

I wonder whether is HBL media the interested party in acquiring virtue broadcasting??? Any ideas/views??

Doshmaker - 29 Mar 2004 18:07 - 28 of 29

A City friend of mine feels a bid for VTB is very likely. He feels that 6-7p would be a fair bid at the present time. He considers this to be a very exciting company that is tailored for massive growth.

barnymam - 22 Jul 2004 07:29 - 29 of 29

Virtue Broadcasting PLC
22 July 2004


Embargoed Release: 07:00hrs Thursday 22nd July 2004


Virtue Broadcasting Plc
('the Company')

Agreement


Virtue Broadcasting Plc is pleased to announce that it has reached an agreement
to surrender the property lease of its former head office, Tornado House,
Marlow, which is currently unoccupied. Under the agreement the Company has made
a net cash saving of 805,000 compared to its obligations under the lease over
the next two and a half years.

The Company has agreed to pay Comland Management Limited ('the Landlord') a
surrender premium of 495,000 net of VAT in addition to related expenses and
reinstatement costs of 110,000. As part of the settlement the Company will
utilise a 318,000 secured rent deposit held in favour of the Landlord
previously fully written off in the Company's 2002 accounts. Therefore, the net
additional cash payment will be 287,000.

In consideration of the surrender premium the Company will avoid paying
approximately 1.4 million of rent, service charge, lease termination payments,
reinstatement costs and running costs over the next two and a half years.

The Company made full provision for the expected costs arising under the lease
in its 2002 accounts.

- ENDS -


For more information contact:

James Ormondroyd, Finance Director
Tel: +44 (0) 20 7785 6000
Email:
investorrelations@virtuebroadcasting.com
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