HT&E Ltd Announces Binding Agreement to Acquire Grant Broadcasters Pty Ltd Transcript

Mar 28, 2024

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Nov 12, 2021 / 12:00AM GMT
Operator

Thank you all for standing by, and welcome to the HT&E market update. (Operator Instructions)

I'd now like to hand the conference over to your first speaker, Ciaran Davis, CEO and Managing Director. Thank you. Please go ahead.

Ciaran Davis - HT&E Limited - CEO, MD & Executive Director

Thank you. Good morning, everyone, and thank you for joining the call this morning. It has been a very busy time preparing for this announcement. But after successfully settling the ATO matter, divesting of our OML sake, delivering #1 ratings for the 16th consecutive time, growing revenue and winning commercial share, I'm delighted to outline to you the details of this exciting acquisition, the purchase of Grant Broadcasters by HT&E, one that we believe is truly transformative for the company. Grant Broadcasters is Australia's oldest family-run and most successful regional radio company. ARN, HT&E's Australian Radio division, is the #1 metropolitan network in the country. Thanks to this unique opportunity, both businesses will be better together,

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