TLRC completes Bath FM takeover
Posted by
TLRC completes Bath FM takeover

TLRC announces that it has issued 410,133
ordinary shares to complete the acquisition of Bath FM. The initial consideration was ?400,000 in cash and the additional consideration in shares is
valued at ?170,205.

Bath FM is the leading commercial radio station in its marketplace with a Total Survey Area of 83,000 adults. In the latest Q4 2005 Rajar figures, the station had an audience of 16,000 listeners per week, listening for 118,000 hours.

Richard Wheatly, Chief Executive of The Local Radio Company plc, said:

‘We are building TLRC by growing our network of truly local radio stations. Bath FM is such a station and is close to 3TR in Warminster and Brunel FM in
Swindon, adding to our portfolio in the South.

‘The station has already benefited from our support and I am pleased that the time spent listening to the station has grown by 6% since we acquired the business. We are looking forward to seeing the station develop further in the future.’

Hear more radio industry news like this at the top of the hour on inRadio - the radio industry's very own radio station. Listen now in a new window whilst you continue reading RadioToday or press play below.

0 0 512 10 February, 2006 Industry News 3:29 am 20062 Friday, February 10th, 2006

Leave a Reply

Looking for something else?


Subscribe to our emails to stay informed about the latest radio news and products delivered straight to your inbox.

Related Posts

No related posts were found
WorldDAB General Assembly 2016 - November 9, 2016 at 10:00 am ()
Student Radio Awards - November 10, 2016 at 6:00 pm (The O₂ 10 Entertainment Avenue, London, SE10 0DY, England)
BBC Gillard Awards - November 10, 2016 at 7:00 pm (Newcastle)
Audio Production Awards - November 23, 2016 at 6:00 pm (BFI Southbank, Belvedere Road, London)
Radio TechCon 2016 - November 28, 2016 at 10:00 am (The Arts Theatre, 6-7 Great Newport St, London WC2H 7JB)
Salon de la Radio - January 29, 2017 at 10:00 am (Paris)
Salon de la Radio - January 30, 2017 at 10:00 am (Paris)
Salon de la Radio - January 31, 2017 at 10:00 am (Paris)
More events