About TVC

TVC Holdings plc ("TVC") is a publicly quoted investment holding company with its shares trading on the AIM market of the London Stock Exchange and the ESM market of the Irish Stock Exchange. As of 30 September 2011, TVC's cash plus its quoted investment in UTV represented 88% of the Company's net asset value.  Four unquoted investments represented most of the remaining 12% of net asset value at that date.

TVC’s strategy is, in the medium term, to have a core portfolio of four to five platform investments in quoted and unquoted companies across a number of business sectors, and to continue to realise significant value from the other companies in its portfolio.  Our objective is to achieve capital appreciation through working actively with our current portfolio of investments in order to maximise their value and through identifying a small number of new investment opportunities.  With cash and government bonds of €73 million and no debt in the Company, the Directors believe that the Company is in a strong position to make additional long term investments at what they expect to be attractive valuations, adding further value to their investment portfolio.  TVC has extensive investment experience, including complex turnaround transactions, and the Company will leverage the proven strengths of its investment team to maintain its focus on capital appreciation.