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Motive Television

  • BY: Andrew Hore |
  • POSTED: 29/12/2009 |

Motive Television says that it hopes to sell its television programme production interests in January 2010.

Motive TV intends to focus on digital terrestrial television technology (DTT). The cash from the disposal would help finance this activity and the exploitation of the Adecq licence.

Dowgate will cease to be a nominated adviser on 4 January. Trading in Motive TV shares will be suspended on that morning. Astaire bought Dowgate but, unlike many of its other clients, Motive TV is not switching directly to Astaire. Talks continue with potential replacements.

At 0.36p a share, Motive TV is valued at £1.23m.

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