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Nine Entertainment Co Holdings Ltd (NEC.AX)

NEC.AX on Australia Stock Exchange

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28 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Nine Entertainment posts HY revenues from cont ops of $662.7 mln
Wednesday, 22 Feb 2017 06:28pm EST 

Nine Entertainment Co Holdings Ltd : HY revenues from continuing operations for period to 31 December 2016 decreased by 4% to $662.7 million . For period to 31 December 2016, group reported a consolidated net loss after income tax of $236.9 million .4.5 cent fully franked interim dividend.  Full Article

Nine Entertainment says Q3 market revenues to be marginally down
Wednesday, 22 Feb 2017 06:08pm EST 

Nine Entertainment Co Holdings Ltd : Metro Free to Air Market is expected to be down low single digits for FY17 .Q3 market revenues are likely to be only marginally down with some early signs of a more positive market.  Full Article

Nine Entertainment Co reports FY NPAT of $120 mln
Wednesday, 24 Aug 2016 06:57pm EDT 

Nine Entertainment Co Holdings Ltd : On a pro forma basis, the company reported FY revenue of $1.28 billion . FY net profit after tax of $120 million . Says 4.0 cent fully franked final dividend . In FY 2017, the company expects to pay a dividend at the lower end of the targeted 80-100% payout range . Expects the FY 2017 metro fta market to be flat-to-down marginally over the full year . In FY 2017, FTA reported costs are expected to be flat on FY 2016 .  Full Article

Nine Entertainment appoints Greg Barnes as chief financial officer
Thursday, 7 Apr 2016 08:20pm EDT 

Nine Entertainment Co Holdings Ltd:Appointment of chief financial officer.Appoints Greg Barnes as chief financial officer, effective 4 July 2016.  Full Article

Nine Entertainment announces acquisition of 9.99 pct of Southern Cross Media
Thursday, 17 Mar 2016 05:54pm EDT 

Nine Entertainment Co Holdings Ltd:Acquisition of 9.99% of Southern Cross Media.Has agreed to acquire 9.99% of the shares in Southern Cross Media Group Limited from Macquarie Group, at a price of $1.15 per share.  Full Article

Nine Entertainment Co Holdings Ltd says Simon Kelly to resign as CFO
Tuesday, 5 Jan 2016 10:22pm EST 

Nine Entertainment Co Holdings Ltd:Simon Kelly chief operating officer and CFO has notified the company of his intention to leave the business effective 31 may 2016.Says has commenced a search for a suitable replacement.  Full Article

Nine Entertainment Co appoints Hugh Marks as CEO
Sunday, 8 Nov 2015 05:43pm EST 

Nine Entertainment Co:Says appointment of Hugh Marks as chief executive officer.Says the current long-term CEO, David Gyngell, to step down.David Gyngell will remain on the board as a non-executive director.  Full Article

Nine Entertainment says Apollo entered agreement for sale of part of its shareholding in co
Monday, 19 Oct 2015 08:00pm EDT 

Nine Entertainment Co Holdings Ltd:Been informed by apollo, a substantial shareholder in NEC, that it has entered into an agreement.Says agreement relates to approximately 13% of nec and the transaction is expected to complete on 9 November 2015.Agreement for the sale of part of its shareholding in NEC to interests associated with win corporation.  Full Article

Nine Entertainment Co announces sale of Nine Live
Wednesday, 15 Apr 2015 06:30pm EDT 

Nine Entertainment Co Holdings Ltd:Signs an agreement to sell 100 pct of its Nine Live business to funds advised by Affinity Equity Partners (Affinity) for an enterprise value of $640 mln.As part of the transaction, Affinity and NEC have also entered into certain contractual arrangements which preserve the respective commercial relationships and benefits that have prevailed during NEC’s ownership of the Nine Live business.  Full Article

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BRIEF-Nine Entertainment posts HY revenues from cont ops of $662.7 mln

* HY revenues from continuing operations for period to 31 December 2016 decreased by 4% to $662.7 million