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Pilat Media Global

  • BY: Andrew Hore |
  • POSTED: 28/09/2009 |

Former bidder SintecMedia has increased its stake in Pilat Media Global to 17.1%.

In March 2009, Sintec’s bid of 26.5p a share for its fellow developer of business management software for broadcasters failed to gain acceptances totalling 75% of the share capital. Since then it has been buying shares in Pilat. The latest purchases were made at prices ranging from 24p to 25.5p a share.

At 25.5p a share, Pilat is valued at £15.1m.

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