Stevens & Bolton LLP advises The Local Radio Company plc

Stevens & Bolton LLP acted for AIM listed The Local Radio Company plc in relation to its contested takeover by UKRD Group Limited.

The Local Radio Company plc owns and operates 10 local radio licences across the UK.

John Perris, independent non-executive director of The Local Radio Company commented: "It is pretty unusual for an AIM listed company to be the subject of competing takeover bids. As the sole independent director on the board, I greatly appreciated Stevens & Bolton's pragmatic advice and support throughout the process including disposing of our Jazz FM business"