UKRD extends offer deadline
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UKRD extends offer deadline

UKRD has extended its offer of 2p per share for The Local Radio Company by a further two weeks, after receiving valid acceptances from only 23.27 per cent of shareholders.

As a result of the extra shares purchased for 2p each, UKRD now holds (or has agreed to hold) a 36.78 per cent of existing issued share capital of TLRC. The first closing date of the offer was 1pm yesterday (21st April).

In an [link=]announcement[/link] this morning, UKRD said that the Offer is being extended for a further 14 days and will remain open for acceptance until 1.00 p.m. (London time) on 5 May 2009.

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0 0 351 22 April, 2009 Industry News 7:20 am 20094 Wednesday, April 22nd, 2009

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