TVC Holdings has reported pre-tax profits of €2.4m for the half-year to the end of September — a near 37% decline on the same period last year.

UTV has appointed Richard Huntingford — the former chief executive of London-based media group Chrysalis — as its new chairman.

Investment firm TVC Holdings has said that it will consider all options regarding its 18% shareholding in UTV Media.

Dublin-based investment firm TVC Holdings has reported a solid set of annual results, underpinned by a 24% increase in the value of its investment portfolio.

Three directors of UTV Media plc have left the board of the company.

RYANAIR chief executive Michael O’Leary has criticised the Department of Transport’s choices for new executives at Dublin Airport Authority and Tourism Ireland.

INVESTMENT firm TVC Holdings is back in the black on a first half basis.

TVC HOLDINGS is hopeful that the passing of the end of July deadline for the banks to meet their latest recapitalisation targets will create a more active investment market.

IRISH investment firm TVC Holdings slipped back into the red during the first half of its current financial year; showing a loss of €11.46 million — for the six months to the end of September — and seeing the value of its investment portfolio fall by €12m to €60.4m.

VENTURE capital specialist TVC Holdings – which yesterday announced a return to profitability – remains confident of selling off its non-core investments and realising its aim of building a portfolio of “four core platform investments”.

INVESTMENT company TVC Holdings is looking to exit a number of its smaller shareholdings within the next six to 12 months.

SHARES in UTV — the Belfast-based broadcast and media group — soared yesterday, after two high profile investments were made in the business.

Investment company TVC Holdings has increased its stake in UTV Media.

IRISH financiers Neill Hughes and Peter Crowley have bought 6.3 million shares in UTV Media, giving them a 6.57% stake in the Belfast-based broadcasting company worth around £7.3 million (€9.18m).

IRISH investment company TVC Holdings said yesterday it had raised its stake in Northern Irish broadcaster UTV Media to 15%, worth £19.5 million (€24.57m).

TVC Holdings has increased its shareholding in UTV Media to 15%.

TVC Holdings, an Irish investment company that sold shares for the first time last summer, bought 11% of UTV Media Plc for £14.9 million (€18.70m), becoming the broadcaster’s largest single shareholder.

TVC Holdings today announced that it has acquired a shareholding of 11% in UTV Media for an aggregate consideration of £14.9m (€19m).

SHARES in TVC Holdings, the newly listed private equity player, jumped by 10% yesterday.

TVC Holdings, a publicly quoted investment holding company, today announced that it has agreed to sell its interest in Telekinesys Research as part of the sale of Havok to Intel Corporation.

JOAN LAPORTA was last night elected as new president of Barcelona, clearing the first hurdle in his attempt to sign England captain David Beckham from Manchester United.