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Murdoch withdraws from Prime March 30, 2012 08:30 AM

 

Prime Media Group Limited (ASX:PRT) confirmed after the market closed yesterday, that Lachlan Murdoch has withdrawn his 8.87 per cent stake in the regional free-to-air television business.

Siobhan McKenna has also resigned as a director.

Prime media declared an interim dividend of $0.033 per share for the first half of fiscal 2012 which was paid to shareholders yesterday.

Prime media reported a $16.1 million net profit for the half year ending 31 December, 2011.

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