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."

If you have a vacancy in radio, post it on RadioTodayJobs.com for free, or go premium for extra coverage.
0 Comments Off 161 23 November, 2007 Industry News Friday, November 23rd, 2007

Looking for something else?

Related Posts

No related posts were found
Community Media Conference - September 12, 2015 at 10:00 am (RadioLab, Luton)
Next Radio Conference - September 14, 2015 at 9:00 am (London)
Inside Radio 1 – An Evening With Johnny Beerling - September 15, 2015 at 6:30 pm (The Tetley, Leeds LS10 1JQ)
John Peel Lecture - September 27, 2015 at 7:00 pm (The British Library, 96 Euston Road, London NW1 2DB, United Kingdom)
Techcon 2015 - September 28, 2015 at 9:00 am (London)
More events