STV Group (STVG)

Sector:

Media

Index:

FTSE Small Cap

376.00p
   
  • Change Today:
      6.00p
  • 52 Week High: 401.00p
  • 52 Week Low: 318.00p
  • Currency: UK Pounds
  • Shares Issued: 39.19m
  • Volume: 1,316
  • Market Cap: £147.36m
  • Beta: 0.25

STV Group secures extension to credit and overdraft facilities

By Iain Gilbert

Date: Friday 15 Sep 2017

LONDON (ShareCast) - (ShareCast News) - UK based digital media firm STV Group announced on Friday it had secured an extension of its £60m revolving credit and overdraft facility.
With a maturity date of 2022, the extension goes beyond the previous facility agreement which was due to end in June 2019.

Santander agreed to increase its commitment to £40m, with Barclay's upping STV's credit to £20m.

Both carry standard covenant arrangements, including interest cover and net debt to EBITDA ratio tests.

STV planned to use the extended facility to capitalise on future development opportunities.

George Watt, chief financial officer of STV Group, said: "We are pleased to have agreed this bank facility extension which has been reached through our ongoing close relationships with both Santander, which has become the Group's largest lender as well as providing retail banking services, and Barclays."

As of 1040 BST, shares had slumped 2.48% to 370.25p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

STV Group Market Data

Currency UK Pounds
Share Price 376.00p
Change Today 6.00p
% Change 1.62 %
52 Week High 401.00p
52 Week Low 318.00p
Volume 1,316
Shares Issued 39.19m
Market Cap £147.36m
Beta 0.25

STV Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
68.32% above the market average68.32% above the market average68.32% above the market average68.32% above the market average68.32% above the market average
73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average
Price Trend
62.73% above the market average62.73% above the market average62.73% above the market average62.73% above the market average62.73% above the market average
43.28% above the sector average43.28% above the sector average43.28% above the sector average43.28% above the sector average43.28% above the sector average
Income
85.23% above the market average85.23% above the market average85.23% above the market average85.23% above the market average85.23% above the market average
75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average
Growth
82.99% below the market average82.99% below the market average82.99% below the market average82.99% below the market average82.99% below the market average
87.1% below the sector average87.1% below the sector average87.1% below the sector average87.1% below the sector average87.1% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

STV Group Dividends

  Latest Previous
  Interim Final
Ex-Div 26-Sep-19 11-Apr-19
Paid 06-Nov-19 31-May-19
Amount 6.30p 14.00p

Trades for 06-Dec-2019

Time Volume / Share Price
16:35 8 @ 376.00p
16:29 8 @ 376.00p
16:17 154 @ 375.00p
15:58 5 @ 375.00p
12:28 500 @ 368.00p

STV Group Key Personnel

CEO Simon Pitts
CFO Lindsay Dixon

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