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ITV Statment RE: Sold Shares

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ITV have released a statement to the London Stock Exchange regarding the sale of their 9.9% share holding in Arsenal.

A statement to the stock exchange read: ‘ITV plc today announced that it had unconditionally sold its 9.99% shareholding interest in Arsenal Holdings plc to KSE UK INC, a vehicle controlled by Stan Kroenke, and has also entered into conditional arrangements with KSE UK INC in relation to the sale of its 50% shareholding in Arsenal Broadband Limited.’

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