Presenters and staff were told of the upcoming closure of the station at a meeting held this morning.
Share Radio is looking for new investment of £2.5m, but currently makes £2 million in annual losses.
Share Radio has posted a threefold increase in the number of downloads generated by the station comparing April 2016 with April 2015.
National DAB station Share Radio has reported a threefold increase in the number of digital downloads generated by the station from April 2015 to April 2016.
Today is the day around a dozen radio stations have launched on the new Sound Digital national DAB multiplex.
Sound Digital has confirmed the full line-up for the new national DAB multiplex, and the official switch-on date.
Share Radio has signed a deal with NS&I to sponsor its weekly This Is Monday programme.
UTV's proposed business radio station talkBUSINESS has given up its slot on Digital 2 in favour of a deal with Share Radio.
Gavin Oldham, founder of Share Radio, has today launched an offer of up to 10,884,848 shares in Share plc in order to raise finance for the station.
The Open University Business School and Share Radio to broadcast a money management course.
Share Radio is devoting a whole week of broadcasting to pension discussions, in the first takeover of its kind on the growing station.
A number of new presenter are joining the London DAB station Share Radio, which has also just received its first award nomination.
Ofcom has received six applications for the re-advertised Greater London 963/972 AM commercial radio licence, currently held by Sunrise Radio.
A new radio station all about finance is launching on DAB in London this autumn.