GCap shares continue to fall
Posted by
GCap shares continue to fall

Following chief executive Ralph Bernard's resignation from GCap Media this morning, shares in the radio giant have fallen over £40 million in a matter of hours. The group is now valued at less than £220 million, from just over £260 million this morning.

The share price has hit an all time low, now under 150p for the first time.

The search for Ralph's replacement is now on, with GCap director of London stations Fru Hazlitt tipped to take over the job. "I don't think it would be appropriate for me to comment on that at this time," Hazlitt told the Guardian. "It is a bit premature."



0 Comments Off 128 23 November, 2007 Industry News Friday, November 23rd, 2007

Looking for something else?

Related Posts

No related posts were found
RadioCentre Conference - July 8, 2015 at 9:15 am (Bounce, 121 Holborn, London EC1N 2TD, United Kingdom)
Arqiva Commercial Radio Awards - July 8, 2015 at 6:30 pm (Roundhouse, Chalk Farm Road, London NW1 8EH, United Kingdom)
RAJAR Q2, 2015 delivered to radio stations - August 5, 2015 at 10:30 am ()
Next Radio Conference - September 14, 2015 at 9:00 am (London)
Techcon 2015 - September 28, 2015 at 9:00 am (London)
More events