Go to content
Vocento Social

Vocento obtains capital gains of 70 million euros from Telecinco, reinforcing its financial position

Madrid, 31 July 2009.-Vocento has sold a 2.18% stake in Telecinco (5,375,815 shares) in the market for 39.5 million euros, equivalent to a price of 7.35 euros per share. After the sale of this financial stake, the Group now has a 2.9% holding in Telecinco.

Vocento has sold its entire 5.1% shareholding in Telecinco, for a total of 95.3 million euros. The pretax capital gains from the transaction amount to 70.1 million euros.

Following this transaction, Vocento has cash of over 155 million euros, with total debt of 180 million euros. These figures put Vocento in a privileged financial position, compared to its competitors in both Spain and Europe.

The financial strength of Vocento is enabling it to execute its strategic commitments in both the audiovisual area and on the Internet, and to consolidate its leadership position in print media.


Vocento is a leading multimedia company in Spain, thanks to the strength of its brands, which have a significant presence in all areas of information and entertainment, including the press, supplements, magazines, television, radio, audiovisual production, movie distribution, and the Internet.

The national, regional and local positioning of Vocento, its commitment to innovation, and the strength of its brands, enable the Company to extend its reach beyond its competitors, covering over 24.6 million people, according to the EGM. For more information, go to Vocento.com.