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Whats going on at Virtue Broadcasting? (VTB)     

skids - 24 Sep 2003 11:03

I bought into these some time ago, and they haven't really moved much for a while after initial links with Music co, etc. However, this week has showed some interest, anyone know whats going on?

xmortal - 07 Jan 2004 12:38 - 92 of 97

Hi all. Just bought back at 5.5. I feel this has a future. All is in place.

New adquisitions in Europe will defo provide more income source and exposure into Europe.

Cost cutting climate still remains a priority for all cos. So VTB is well placed to take advantage.

Good portfolio of clients = credibility.

Directors purchased shares in the company = faith in the company.

I feel the next set of company results will do nicely.

By looking at the charts I think we are in for another big movement in the next 2 weeks, hopefully upwards.

ricardopage - 07 Jan 2004 15:44 - 93 of 97

also loads of derampers have appeared over on advfn always a good sign imho.

Still Waiting - 08 Jan 2004 14:20 - 94 of 97

News of Kamera deal due tomorrow, hopefully a trading update will accompany it.

Rumours of an IC tip are also circulating, if true watch for late deals before close today..

barnymam - 22 Jul 2004 07:29 - 95 of 97

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

barnymam - 22 Jul 2004 07:30 - 96 of 97

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

iajohns - 25 Jul 2004 04:30 - 97 of 97


http://observer.guardian.co.uk/business/story/0,6903,1268342,00.html

AGM TV launched in 18m merger

Robert Colvile
Sunday July 25, 2004
The Observer

Bored with Big Brother, soaps, pornography or obscure sports? There is an alternative - televised annual general meetings.
Two British communications companies with many blue-chip firms as their clients will announce a merger tomorrow. Virtue Broadcasting will acquire World TV (valued at 18.1 million) in a reverse takeover.

World produces internal TV content for clients, while Virtue specialises in internet broadcasting technology. They hope to integrate their technology and client bases and expand their corporate business - in particular, by broadcasting AGMs.

Neither began in the corporate sector. In 1991, World was set up to provide internal content for non-governmental organisations such as Greenpeace. It now works for clients including BP, Nestland Reuters, as well as the Foreign Office, producing English-language content for expatriates in Iraq.

Virtue first attracted attention developing web services for pop sensations the Cheeky Girls. Their client list is now slightly more respectable - it includes Microsoft, British American Tobacco and UBS.

Virtue's finance director James Ormondroyd said he anticipated 'great commercial and technological synergies', and predicted continued expansion across Europe.

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